Posted in | Copper | Mining Business

Copperstone Resources Signed Kati Oy as Drill Contractor in Viscaria

Copperstone Resources AB has authorized Kati Oy as the drill contractor in Viscaria. The initial contract covers 8,000 m, with the aim of expanding to 22,000 m in a span of 24 months.

The work permit application from this Summer until December 2020 (with regard to mining concessions nr 3, 4, 7 and exploration permits 101; 107 including access by terrain vehicles) is underway and has been delivered to stake holders and land owners. Permit lead times may be slightly delayed due to summer. Before August, new Copperstone will be in mobilizing mode.

The first phase of the campaign will concentrate on zone A, with a goal to increase the resource loads close to the old mine site, offer an improved geological understanding, and lay the foundation for geotechnical evaluation work and metallurgical testworks. The second phase of the campaign will concentrate on zone D, increasing the resources and offering cores for metallurgical testworks, including magnetite that might be an important contribution at present market price, not covered in the Scoping research.

Furthermore, Copperstone Resources can report that all through the drill campaign, there will be planned meetings with representatives from Laevas reindeer herding community, so as to reduce the impacts on the herding. There could be a temporary impact on the recreational path Ädnamvaara, before which Copperstone will update locally. The company is dedicated to sustainable practices with regard to both exploration and mining. Copper is known to be a green metal, and Copperstone intends to employ green technology whenever possible.

I am pleased to have Kati showing their commitment and positive attitude towards the Viscaria copper project, yet again. I am pleased with our new acquaintances and relations on land access matters in Kiruna, showing our utmost respect regarding land usage and environmental concerns. We can look forward to an exciting drill campaign, not least the potential for directional drillings already executed by Kati at the zone D.”

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