Arctic Minerals published a maiden inferred Mineral Resource estimate for its Hennes Bay project in southern Sweden, returning 55.39Mt @ 1% CuEq for a total of 447,000t contained copper and 37Moz silver.
Notably, the estimate is based solely on the Dingelvik prospect and does not include several prospects, where historic drilling already outlined stratiform copper mineralization. Surrounding the now published resource, the company holds a large land package hosting the prospective horizon, of which less than 5% has been drill tested to date.
Among the planned future work programs, the company intends to immediately commence work on a preliminary economic assessment of the project.
Regional potential at the Hennes Bay copper project (Source: www.arcticminerals.se)
