The company can after the conducted core drilling program, which includes 30 holes of in total 5585 m, present an estimate of the mineral resource in Fäbodtjärn. The deposit is estimated to contain 210 kilo tonnes, with an average content of 7.1 g/t Au; tonnage is classified in its entirety as an inferred mineral resource.
(AktieTorget: BOTX). The Botnia Exploration Board of Directors has decided to proceed with the pre-studies for the Fäbodtjärn gold deposit, with the objective to develop and mine Fäbodtjärn under its own management. This decision means that Botnia takes a major step from being a pure exploration company to having the ambition to develop the company into a producing mining company with good profitability.