Copperstone Resources AB
Pressmeddelande
COPPERSTONE RESOURCES: COMMENCES DEEP CORE DRILLING AT SVARTLIDEN/EVA
Copperstone Resources (”Copperstone” or ”the Company”) commences a campaign of
core drilling towards depth at Svartliden/Eva. The Company has hired Styrud
Arctic who has been carrying out the latest drill campaigns with excellent
quality of work. The first drill hole will be drill north northeast (NNE)
approx. 800 meters with a vertical drop of approx. 650 metres. The drilling is
expected to be completed in a month and subsequent assaying results is expected
in a further month. Final results from the campaign is expected during late
Spring/early summer. The budget for the drilling campaign is expected at some 7
MSEK, and includes core drilling, fees (including consultants) as well as
assaying.
”During the past three years, Copperstone has been carrying out a wide variety
of exploration work such as core drilling, core mapping, database compilation
of 260 drill holes, of which 56 drill holes at Svartliden, and computer
animations in the form of a 3D-model. All aiming at gaining the maximum
knowledge about the Svartliden deposit and maximise the probability to discover
a large scale copper-gold porphyry mineralisation.” says Copperstone CEO in a
comment.
For further information, please refer to Copperstone Resources webpage:
www.copperstone.se, or contact Per Storm, CEO Copperstone, +46 705 94 90 24,
e-mail: per.storm@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
February 2nd 2017 at 0855 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 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.
The share (COPP B) of the Company is traded on Nasdaq First North Stockholm
with G&W Fondkommission as the Certified Adviser.