Vihanti

Vihanti Belt The Vihanti Belt is represented  predominantly by a mafic-felsic volcanic complex on the north flank of a large regional gravity anomaly along the north-western extension of the Kangasjärvi Belt of Mid-Proterozoic, supra-crustal rocks. A number of  zinc-rich VMS deposits are known, with the Vihanti Mine, which produced a total of 28 Mt grading 5.2% Zn, 9.46% Cu, 0.40% Pb, and 26.6 g/t Ag from 1954 to 1992, being the only producer. Magnus holds claims over two zinc deposits hosted by Vihanti type rocks located at Näsälänperä, 17 km to the east and Kuuhkamo, approximately 3.5 km to the south of the Vihanti (Lampisaari) Mine.

Kuuhkamo Zinc Deposit The Kuuhkamo zinc deposit was discovered in 1984 at a depth of 150 m below surface within a 1km long airborne magnetic anomaly. Subsequent drilling (33 holes totalling 12,500m) by both Outokumpu and GTK from 1984 to 2005 have delineated a resource of approximately  150,000 to 250,000 tons grading 4.0% Zn and 15 g/t Ag to a depth of 200m within a mineralized zone which varies from 0.5 to 20 m thick that has been traced for over 1 km along strike. The deposit is hosted by the same sequence of altered felsic volcanics as the main Lampisaari deposit  and is located at the fold nose of a shallow plunging anticline.