Copperstone today was awarded additional exploration permits from the Mining Inspector, regarding more than 8,000 ha in Arvidsjaur municipality.
The permits concern Sandberget 400 (535ha) and Sandberget 500 (7641ha), which were reapplied for as Copperstone received the Eva k nr 1 exploitation concession. There have been some minor carve-outs of exploitation concession buffer zones and a newly established nature area (Stor-Sandberget). Earlier during the winter, renewal approvals were awarded Copperstone regarding Sandberget 200 and Sandberget 300 (regarding years 6-10).
The exploration permits are valid for three years from today’s date and subject to a usual three-week objection period from land and sake owners.
“Copperstone has good long term intentions in Norrbotten, stands for active exploration in an area of significant mineral potential. We are very happy to have all relevant permits back. We are now moving ahead with the development of this area, where we have unlocked the significant potential during the last couple of years”, comments Copperstone CEO Michael Mattsson.
For further information, please contact Michael Mattsson, +46 705 739 777, firstname.lastname@example.org, email@example.com or visit the Copperstone website at www.copperstone.se
This press release contains insider information which Copperstone Resources AB (publ) is obliged to publish according to the EU market abuse regulation (MAR). This information was submitted for publication, through the above contact person’s agency, 17:15 CEST on February 11, 2019.
Copperstone is a public company trading as COPP B on NASDAQ First North (Stockholm). The Certified Adviser is Augment Partners AB, firstname.lastname@example.org, +46 8 505 65 172. The Company is focused on base and precious metal exploration in the vicinity of the internationally recognized mining region of the Skellefte-field in northern Sweden. In this area Copperstone owns two exploitation concessions, namely Svartliden k no. 1 (36ha), Eva k no. 1 (34ha) and four nearby exploration permits, namely Sandberget 200 (19ha) and Sandberget 300 (19ha), Sandberget 400 (535ha*) and Sandberget 500 (7641ha*) to form a contiguous block with existing titles. The Copperstone project is based on 273 drillholes with an approximate total of 46,350m. In addition the Company also owns the Tvistbogruvan K no. 1 (11ha) exploitation concession and the Såggården No.1 (199ha) exploration permit in the Bergslagen mining region of central Sweden. Quoted surface areas are approximate to the nearest hectare. * subject to usual three-week objection period from land and sake owners.
ResourceNews.com, The Place for Latest Resource Industry News