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MPS Reports High-Grade Cu Drill Results

Mineral Prospektering i Sverige AB reported assay results from diamond drilling at three of its fully owned projects in northern Sweden. The 2023 drilling campaign consisted of 15 diamond drill holes for a total of 4,431.9m, testing high-priority VTEM anomalies at two VHMS targets (Bjurtaskgruvan, Rockliden) and following up on a previous IOCG-style discovery at Ahmavuoma. Results from Bjurtaskgruvan include, for example, 15.9m @ 1.96% Cu, 0.26g/t Au, 12.7g/t Ag, including 3.15m @ 5.00% Cu, 0.53g/t Au, 22.8g/t Ag in drill hole 23SBJK009 or 17.5m @ 0.91% Cu, 0.42g/t Au, 16g/t Ag, 6.54% Zn, including 4.25m @ 0.81% Cu, 0.14g/t Au, 13.3g/t Ag, 14.15% Zn in drill hole 23SBJK012.

At Rockliden, drill hole 23RCK001 returned 12.5m @ 1.10% Cu, 16.2g/t Ag, 0.30% Zn and <0.005% Sb, including 3.30m @ 2.60% Cu, 33.3g/t Ag, 0.38% Zn and <0.005% Sb. The company notes that drilling at the prospect was forced to cease due to the spring thaw.

Follow-up drilling at Ahmavuoma returned e.g. 120.95m @ 0.61% Cu, 0.11g/t Au, 180ppm Co, 75ppm Mo, including 20.40m @ 2.20% Cu, 0.46g/t Au, 558ppm Co, 108ppm Mo in drill hole 23AHM013 (estimated to be 60-70% of true width).

 

High-grade Cpy mineralization in drill hole 23AHM013 from the Ahmavuoma prospect (Source: Mineral Prospektering i Sverige AB)