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: email@example.com
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.