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Drilling in Central Finland With Mitch Vanderydt

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In this episode, we chat with Mitch Vanderydt, CEO of NorthGold AB. A Swedish-listed gold exploration and development company with resource-stage projects in Finland

Mitch has a background in geotechnical engineering and metals and mining research. He has stepped into a CEO role recently and talks about NorthGold AB and what it’s like mining in Finland. A jurisdiction that has been ranked 3rd highest in the world by the Fraser Institute.


KEY TAKEAWAYS

  • North Gold´s assets are in central Finland which is a relatively under-explored area.
  • Around half of the 4 million euros raised during their recent IPO will be spent on core drilling.
  • North Gold has a broad and experienced team in place.
  • They are an advanced stage explorer with 725,000 ounces of gold equivalent resources.
  • There is also some copper.
  • Finland is a mining-friendly country, for the most part.
  • It takes a while to get a mine up and running in Finland. But from that point on things go smoothly.
  • NorthGold is commencing drilling in May 2022.
  • IP surveys at both sites will be completed during 2022.
  • In 2023, they are planning to drill another 5,000 meters.


BEST MOMENTS

‘Our goal is to grow our resources, hopefully, make discoveries …it’s the best way to get share price appreciation. ´

‘We try to keep a lean team to minimize our GNA costs.’

‘We think Finland is a great place to do business.’

 

EPISODE RESOURCES

LinkedIn North Gold: https://www.linkedin.com/company/northgold/

LinkedIn Mitch Vanderydt: https://www.linkedin.com/in/mitch-vanderydt-41551022

 

VALUABLE RESOURCES

Email: rob@mining-international.org

Website: https://www.mining-international.org/

LinkedIn: https://www.linkedin.com/in/rob-tyson/

Twitter: https://twitter.com/MiningRobTyson

Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/

Instagram: https://www.instagram.com/theminingpodcast/

YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos

 

ABOUT THE HOST

Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level.

Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.

Podcast Description

Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content about the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

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