Gold rush

The Norwegian mining company Store Norske is investigating gold occurrences in Spitsbergen, as reported earlier on these pages. The area of investigation is the south side of St. Jonsfjord on the west coast, north of Isfjord. Four cores have been drilled on Holmesletfjella, 500 metres high; 4000 metres of cores are supposed to be drilled until June. The area of interest stretches across 7 kilometres, and several years of further research work are needed until any mining can possibly be started.

Source: Svalbardposten