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Exploration update from Arctic Minerals

Arctic Minerals provided an exploration update. According to the company, 2388m of diamond drilling were carried out at the Peräpohja copper project, advanced together with JV partner Rio Tinto. In addition, 34 historic drill holes have been re-logged and resampled, several geophysical profiles have been completed and geological fieldwork was conducted by both JV partners.

Desktop studies were carried out, covering the company’s Inari Copper Nickel and Lohi Copper-Nickel-PGE project and an exploration permit was recently received for the companies Nutukka Au project, allowing for more detailed exploration efforts in H1 2022.