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