Copperstone Resources AB
Pressmeddelande
Copperstone Resources: Granliden and EVA update
Copperstone Resources (”Copperstone” or ”the Company”) is pleased to announce
that the international team of geological experts that has made an excellent
contribution to the project during the autumn are now being re-assembled for
continued work in Malå, Sweden. Initially, the work is focused on a
re-assessment of earlier available material from approx. 50 bore holes from the
Eva-deposit given the experiences from the work carried out the autumn of 2016
at Svartliden. In parallel, newly provided historical drill cores from
Granliden will be examined in order to finalize the application for an
exploitation concession. Regarding Granliden, work on the technical description
for the application is on-going as well as discussions with authorities and
concerned parties subject to new official practises following new court rulings
and authority decisions. The work will continue during the first quarter of
2017.
The Company has had constructive meetings and discussions with authorities as
well as concerned parties regarding the application for a concession for the
Eva-deposit. As the probability for a positive outcome for the concession
application for Eva is considered substantial, the Company chooses to invest
in, and include the Eva-deposit in the foundation for the upcoming drill
programme planned for Svartliden. Initially a re-assessment of drill core and
other geological information regarding the Eva-deposit is carried out. The
international team, which the Company recruited during last autumn is returning
in order to model the Eva-deposit, enhance the understanding of Granliden and
to finalize the planning regarding the upcoming drill campaign.
“Historical data show high gold grades, up to 7 t/tonne in a few drill core, on
the Eva-deposit. As Svartliden and Eva are connected it is natural that the
Company uses all available information in order to obtain a coherent
understanding of the entire Copperstone project. If a copper-gold
porphyry-deposit is discovered beneath Svartliden/Eva it is very possible that
Granliden constitute a mineralisation of the same character. For that reason,
the work with an application for exploitation concession also for Granliden is
carried out in parallel” comments Copperstone Resources CEO Per Storm.
For further information, please refer to Copperstone Resources webpage:
www.copperstone.se, or contact Per Storm, CEO Copperstone Resources AB, +46
705–94 90 24, e-mail: per.storm@copperstone.se
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 biggest base- and precious metal deposits in
the Nordic Region.
Copperstone Resources has eight exploration tenements covering approx. 9260
acres and two mining concessions and one applied concession covering a total of
82 acres.
G&W Fondkommission is the Certified Adviser for Copperstone Resources AB.