COPPERSTONE RESOURCES AB: MINING INSPECTORATE REMITTS EVA K NR 1 TO COUNTY ADMIN-ISTRATION BOARD

Copperstone Resources AB (“Copperstone” or “the Company”) has learnt that the Mining Inspectorate has remitted the concession application for Eva (Eva K nr 1) to the County Administration Board of Norrbotten. The Mining Inspectorate wants a clarification of one of the conditions that the County Administration Board suggested in its recommendation that the Company should receive an exploitation concession for Eva K nr 1 dated June, 20 2017. The County Administration Board should answer the Mining Inspectorate by September 8, 2017 and specify the particular condition for the concession approval.

“The application for exploitation concession for Eva K nr 1 appears to be in its final formulation and the fact that the Mining Inspectorate wanted a clarification by the County Administration Board regarding the terms for the concession is interpreted by the Company as a normal procedure. In the Company’s view, the short time to answer the remittance, two weeks, also indicates that the Mining Inspectorate is finalizing its decision process and that no new evaluations or other changes in the documentation should be expected by the County Administration Board in Norrbotten”, comments Copperstone Chairman Michael Mattsson.

For further information, please contact Per Storm, CEO Copperstone, +46 705 94 90 24, e-mail: per.storm@copperstone.se or refer to Copperstone Resources webpage: www.copperstone.se.

This press release contains insider information which Copperstone Resources AB is obliged to publish according to the EU market abuse regulation (MAR). The information was delivered by the above mentioned contact for publishing on August 24, 2017 at 19.20 CET.

 

Copperstone Resources AB (publ) is a mining exploration company focusing on the Copperstone project in the vicinity of the Skellefte field. This project has the potential to become one of the largest base- and precious metal deposits in the Nordic Region.

Copperstone Resources has five exploration tenements covering approx. 8756 acres and two mining concessions and one applied concession covering a total of 82 acres.

The share (COPP B) of the Company is traded on Nasdaq First North Stockholm with G&W Fondkommission as the Certified Adviser.