Project area

The operations of the Suhanko Arctic Platinum project extend to three major project areas in Northern Finland – Suhanko, Narkaus and Penikat. All of the project areas have a well-established network of roads and year-round access to the ports of Kemi and Oulu, from where the concentrated product can be transported globally.

The total Suhanko Arctic Platinum project area, including new exploration permit applications and tenement renewals, amounts to 315 square kilometres (31,529 hectares).

 Suhanko has not yet been commercially mined and is progressing steadily through permitting and the feasibility study phase.

The area includes the 4,144-hectare Suhanko mining district of which 3,728 hectares are owned by Suhanko Arctic Platinum Oy. The area has been zoned for mining operations.

The Suhanko project area is low-lying and widely covered by swamps. Drier heath areas consist of commercial forests of varying ages. The mining project area is located at the watershed of the drainage basins of the rivers Simojoki and Kemijoki. The nearest permanent settlements consist of a few residential buildings located three to five kilometres to the northeast and east of the mining district. In the same area, there are also holiday homes, mainly by the small local lakes and in the village of Palovaara. Potential future mining operations may occur closer to where we are aware there are some existing residential areas. There are no environmentally sensitive Natura 2000 areas located near the Suhanko mining project. The project has strong support from the local municipalities.