ARCTIC MINERALS EXPLORATION UPDATE Zambian-style copper mineralisation discovered in Peräpohja region, Finnish Lapland

Arctic Minerals AB (Nasdaq First North Stockholm: "ARCT") is pleased to issue an update on its exploration for copper in northern Finland. The company has now received the results of the geological fieldwork carried out in the summer and autumn of 2018 in the Peräpohja Schist Belt of southern Finnish Lapland. Copper was found in a number of locations, together with lesser amounts of silver and gold.

The company's main exploration target in Peräpohja is a type of mineralisation called "SSC" (Stratiform Sediment-hosted Copper), typical of that found in the Zambian Copper Belt, one of the world's main sources of copper and a major source of cobalt.

Following the 2017 work in central Peräpohja, the 2018 exploration focused on the central and southern part of the belt. Copper mineralisation was found in outcrop in a number of locations. A total of 22 samples were taken from these outcrops. Of these, 11 showed mineralisation typical of Zambian-style SSC deposits. The average assay of these samples was 1.3% copper, 11 grams silver per ton and 0.1 grams gold per ton. The richest sample contained 4.5% copper and 59 grams silver per ton.

A number of boulders were also analysed: the best of these, a quartzite, contained 5.25% copper, 0.4 grams gold per ton and 12 grams silver per ton.

The majority of the copper-bearing samples were taken from quartzite outcrops. The nature of these occurrences supports the company's view that the Peräpohja Schist Belt bears strong resemblance to the Zambian Copper Belt. As such, Peräpohja represents a highly attractive target for further exploration. Management therefore plans a follow-up program in 2019 as soon as the snow has melted. Also, following the latest positive results, the company has applied for and been granted two further exploration reservations covering a total of 760 km2.

In addition to the Zambian-style potential, the 2018 program also found widespread copper mineralisation in dolomite and basalt rocks. The richest sample taken was from a one-ton basalt boulder, possibly local in origin and containing 3.5% copper. This finding suggests that there is potential for an additional type of stratiform copper mineralisation in Peräpohja, namely the "volcanic red-bed" type, typically hosted in volcanic rocks such as basalt. Examples of volcanic red-bed copper deposits are White Pine (Michigan, USA) and Mantos Blancos (Chile).

Mr Peter Walker, Chairman of Arctic Minerals, commented "We are very pleased with the results of the 2018 program in Peräpohja. The widespread copper mineralisation encountered confirms our view that the district represents an outstanding target for the discovery of Zambian-style SSC copper deposits, as well as "red-bed" type deposits.

Certified Advisor
Partner Fondkommission AB (tel. 031 761 2230, www.partnerfk.se) is the Company's Certified Advisor on Nasdaq First North.

Other
The company's shares are listed on Nasdaq First North Stockholm under the trade designation "ARCT".

14 January 2019

For further information, see the Company's website at www.arcticminerals.se or contact:
Krister Söderholm, CEO
(+358) 50 542 3113
krister.soderholm@arcticminerals.se
or
John Pedersen
(+45) 2371 7048
john.pedersen@arcticminerals.se 

About Arctic Minerals AB
Arctic Minerals AB is a Swedish company focusing on exploration for copper, zinc and gold in Finland. At present, the company has exploration reservations totalling 6,497 km2 in central Finland in the so-called Brahestad-Ladoga ore belt and in southern Finnish Lapland, in the so-called Peräpohja schist belt. In addition, the company owns the mineral rights to the closed Bidjovagge copper-gold mine in Norway.

This information is information that Arctic Minerals AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15.30 on 14 January 2019. 

Kommuniké från Arctic Minerals AB (publ) årsstämma 2019

Arctic Minerals AB avhöll den 28 maj 2019 årsstämma på Skeppargatan 27 i Stockholm.


Communication from Arctic Minerals AB (publ) Annual General Meeting 2019

Arctic Minerals AB held its Annual General Meeting on May 28, 2019 at Skeppargatan 27 in Stockholm.



Arctic Minerals har identifierat ny prospekteringspotential för kobolt och andra batterimetaller i Kiiminki-området i Finland och ett första objekt är identifierat för kärnborrning

Arctic Minerals AB (Nasdaq First North, Stockholm, "ARCT") har nöjet att informera att Bolaget har identifierat ett nytt område med prospekteringspotential för kobolt och andra batterimetaller i Finland. Bolaget har därför ansökt om ett förbehåll för prospektering täckande ett område på 802 km2 i Kiiminki-området, beläget nordost om staden Uleåborg i Finland. Bolaget har också identifierat ett första objekt för kärnborrning i detta område.


Arctic Minerals identifies new exploration potential for cobalt and other battery metals in Kiiminki region of Finland and a first drill target identified

Arctic Minerals AB (Nasdaq First North Stockholm ("ARCT") is pleased to announce it has identified a new area with exploration potential for cobalt and other battery metals in Finland. The company has therefore applied for an exploration reservation covering 802 km2 in the Kiiminki Schist Belt, located to the northeast of the city of Oulu, Finland. The company has also identified its first drill target in this area.


Kallelse till årsstämma i Arctic Minerals AB (publ)

Styrelsen för Arctic Minerals AB, org. nr 556569-3602, ("Bolaget") kallar till årsstämma tisdagen den 28 maj 2019 kl. 14.00, Skeppargatan 27 4tr, 114 52 Stockholm. För att äga rätt att delta på stämman ska aktieägare dels vara införd i den av Euroclear Sweden AB förda aktieboken onsdagen den 22 maj 2019 och dels anmäla sitt deltagande på stämman senast onsdagen 22 maj 2019. Anmälan ska ske skriftligen till Arctic Minerals AB, Storgatan 30, 831 30 Östersund eller per e-post till Bolagets Corporate Secretary, lennart.kvist@arcticminerals.se. Vid anmälan ska uppges namn, person- eller organisationsnummer, adress, telefonnummer samt registrerat aktieinnehav.


Notice of Annual General Meeting of Arctic Minerals AB (publ)

The Board of Arctic Minerals AB, org.no. 556569-3602, ("The Company") convenes the Annual General Meeting (AGM) on Tuesday, May 28, 2019 at.14.00, Skeppargatan 27 4tr, 114 52 Stockholm. In order to be entitled to attend the meeting, shareholders must be included in the share register kept by Euroclear Sweden AB on Wednesday, May 22, 2019, and to report their attendance at the meeting no later than Wednesday, May 22, 2019. The notification must be made in writing to Arctic Minerals AB, Storgatan 30, 831 30 Östersund, Sweden or by e-mail to the company's Corporate Secretary, lennart.kvist@arcticminerals.se. At the time of registration, name, personal- or organization number, address, telephone number and registered shareholding must be stated.


ARCTIC MINERALS HAR INDENTIFIERAT ETT TREDJE BORROBJEKT, INGÅTT AVTAL ANGÅENDE MARKMÄTNINGAR OCH HAR ANSÖKT OM ETT ANDRA MALMLETNINGSTILLSTÅND I VIHANTI-OMRÅDET I FINLAND.

Arctic Minerals har nyligen informerat att bolaget har identifierat de två första objekten för kärnborr-ning inom det gällande förbehållsområdet i Vihanti. 1 mars informerade bolaget att den första ansök-ningen angående ett malmletningstillstånd i samma område och täckande dessa objekt hade lämnats.


ARCTIC MINERALS HAS INDENTIFIED A THIRD DRILL TARGET IN THE VIHANTI AREA, CONTRACTED GROUND SURVEYS AND HAS APPLIED FOR A SECOND EXPLORATION PERMIT IN VIHANTI, FINLAND

Arctic Minerals recently announced that it has identified its first two diamond drill targets at its Vihanti, Finland exploration reservation. On 1 March Arctic Minerals informed that the company had filed an application for an exploration permit covering these targets.


ARCTIC MINERALS AB HAR ANSÖKT OM ETT MALMLETNINGSTILLSTÅND I VIHANTI, OCH HAR BEVILJATS TVÅ NYA FÖRBEHÅLL/RESERVATIONER I PERÄPOHJA I FINLAND

Arctic Minerals har tidigare informerat att Bolaget har identifierat de första objekten för kärnborrning i Vihanti-reservationen i Finland. Förbehållet/reservationen är belägen söder om den nedlagda Vihanti zinkgruvan, sydost om Brahestad.


ARCTIC MINERALS HAS APPLIED FOR AN EXPLORATION PERMIT IN VIHANTI, FINLAND, AND HAS BEEN GRANTED TWO MORE RESERVATIONS IN PERÄPOHJA, FINLAND

Arctic Minerals has earlier announced that it has identified its first diamond drill targets at its Vihanti, Finland exploration reservation. The company's Vihanti reservation is located to the south of the old Vihanti mine 40 km south east of Raahe/Brahestad.


Arctic Minerals AB Bokslutskommuniké för helåret 2018

Andra halvåret (Juli - December 2018)

  • Aktiverade prospekteringskostnader för andra halvåret uppgick till 1.3 (0.0) MSEK
  • Resultat efter skatt för andra halvåret uppgick till -1.6 (-0.8) MSEK
  • Resultatet per aktie för andra halvåret uppgick till -0.02 (-0.03) SEK

Helår (Januari - December 2018)

  • Aktiverade prospekteringskostnader för hela året uppgick till 2.3 (0.0) MSEK
  • Resultat efter skatt för helåret uppgick till -2.7 (-1.6) MSEK
  • Resultat per aktie för helåret uppgick till -0.04 (-0.5) SEK 
  • Eget kapital per aktie vid periodens slut uppgick till 0.89 (1.11) SEK

Arctic Minerals AB Year-end report full year 2018

Currency SEK, TSEK, MSEK, is Swedish Kronor (SEK)

Second Half (July - December 2018)

  • Capitalized exploration costs for the second half of the year amounted to MSEK 1.3 (0.0)
  • Profit after tax for the second half of the year amounted to MSEK -1.6 (-0.8)
  • Earnings per share for the second half of the year amounted to SEK -0.02 (-0.03)

Full Year (January - December 2018)

  • Capitalized exploration costs for the full year amounted to MSEK 2.3 (0.0)
  • Profit after tax for the full year amounted to MSEK -2.7 (-1.6)
  • Earnings per share for the full year amounted to SEK -0.04 (-0.5)
  • Equity per share at the end of the period amounted to SEK 0.89 (1.11)





Arctic Minerals utnämner Krister Söderholm till ny VD och Lennart Kvist till Corporate Secretary

Såsom tidigare meddelats i Kommuniké från Årsstämman den 8 maj 2018 lämnar Tord Cederlund sitt uppdrag som verkställande direktör i Arctic Minerals AB den 31 oktober 2018. Bolagets styrelse har därför beslutat att utnämna Krister Söderholm till ny verkställande direktör.


Arctic Minerals appoints Krister Söderholm as new CEO and Lennart Kvist as Corporate Secretary

As previously announced in the communiqué from the Annual General Meeting on May 8, 2018, Tord Cederlund will resign as Managing Director of Arctic Minerals AB on October 31, 2018. The Board of Directors has therefore decided to appoint Krister Söderholm as new CEO.


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