Kingsrose Mining Hit with Penikat Permit Setback, Drilling Delayed

Small cap mining hopeful Kingsrose Mining (KRM.ASX) has announced a setback at its Penikat Project in Finland. The news has put a temporary halt to the company's winter drilling program.Permit OverturnedThe Northern Finland Administrative Court has overturned the exploration permit for Area 1 of the Penikat project. The decision, announced on December 22, 2025, stems from a procedural error identified within the original permitting process by Tukes, the Finnish Mining Authority.The court has returned the ma ...