Vargbäcken

Mineral resource calculation performed by Canadian consultant according to the Canadian rules NI43-101 (adopted by SVEMIN, FinnMin and Norsk Bergindustri). The company has an approved environmental application for test mining, valid until 2021-09-01. The aim is to, by dense drilling, increase the current mineral resource.

NI 43-101 Results:

  • Indicated Mineral resource: 1.37 million tonnes at 1.44 grams gold per tonne
  • Inferred Mineral resource: 0.65 million tonnes at 1.70 grams per tonne

Estimated deposit size:

  • 430 metres long
  • 200 metres deep
  • 90 metres wide