Finnaust Mining plc (LON:FAM) Managing Director Rod Mcillree takes time out to chat to DirectorsTalk about a technical announcement on the advancement of the geological model of the Pituffik Titanium Project. Rod also explains how they continue to utilise GEUS, what investors can look forward to from them and elaborates on news alluded in the latest release.
FinnAust Mining plc ORD 0.01P has a number of highly prospective licences at various stages of development in Greenland, Finland and Austria. The Company is dual listed on the London AIM market and Frankfurt Stock Exchange. The Company is currently focused on advancing the Pituffik Project in Greenland, an area that has only recently revealed its mineral potential following changes in the climate. Pituffik, which FinnAust conditionally acquired in December 2015, has demonstrated the potential to be in the top percentile of projects worldwide in terms of heavy mineral grade. The Company’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project in 2017 with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.
