The Solvik Project consists of ten licenses covering 9,240 hectares located in the Mjøsa-Vänern Belt of southwest Sweden. The belt stretches north-south along the border with and into Norway. Mineralization within the belt has been identified historically, but the belt is only seeing modern exploration in recent times.
Historic work by Agnico Eagle includes structural interpretation from magnetic geophysics and LiDAR data, extensive bedrock mapping, heavy mineral panning, till, outcrop, and boulder sampling, and diamond drilling with the best interval of 19.4 m of 2.5 g/t Au at the Solvik target.
The Geology of the Solvik project is dominated by metasedimentary and volcanic assemblages surrounded by granitoids and gneisses. The belt is highly tectonized with a framework of thrusts and faults controlling mineralization. Observed mineralization occurs at the intersection of second order structural corridors in quartz-carbonate veins associated with sericite and pyrite alteration.