STRENGTHENING OF THE PERMISSION PORTFOLIO
Copperstone today was awarded additional exploration permits from the Mining Inspector, regarding more than 8,000 ha in Arvidsjaur municipality.
The permits concern Sandberget 400 (535ha) and Sandberget 500 (7641ha), which were reapplied for as Copperstone received the Eva k nr 1 exploitation concession. There have been some minor carve-outs of exploitation concession buffer zones and a newly established nature area (Stor-Sandberget). Earlier during the winter, renewal approvals were awarded Copperstone regarding Sandberget 200 and Sandberget 300 (regarding years 6-10).
The exploration permits are valid for three years from today's date and subject to a usual three-week objection period from land and sake owners.
"Copperstone has good long term intentions in Norrbotten, stands for active exploration in an area of significant mineral potential. We are very happy to have all relevant permits back. We are now moving ahead with the development of this area, where we have unlocked the significant potential during the last couple of years", comments Copperstone CEO Michael Mattsson.
This press release contains insider information which Copperstone Resources AB (publ) is obliged to publish according to the EU market abuse regulation (MAR). This information was submitted for publication, through the above contact person's agency, 17:15 CEST on February 11, 2019.
Copperstone is a public company trading as COPP B on NASDAQ First North (Stockholm). The Certified Adviser is Augment Partners AB, firstname.lastname@example.org, +46 8 505 65 172. The Company is focused on base and precious metal exploration in the vicinity of the internationally recognized mining region of the Skellefte-field in northern Sweden. In this area Copperstone owns two exploitation concessions, namely Svartliden k no. 1 (36ha), Eva k no. 1 (34ha) and four nearby exploration permits, namely Sandberget 200 (19ha) and Sandberget 300 (19ha), Sandberget 400 (535ha*) and Sandberget 500 (7641ha*) to form a contiguous block with existing titles. The Copperstone project is based on 273 drillholes with an approximate total of 46,350m. In addition the Company also owns the Tvistbogruvan K no. 1 (11ha) exploitation concession and the Såggården No.1 (199ha) exploration permit in the Bergslagen mining region of central Sweden. Quoted surface areas are approximate to the nearest hectare. * subject to usual three-week objection period from land and sake owners.
Copperstone Resources AB announces that the Annual Report for the Financial Year ending December 31, 2018, is now available (in Swedish) at www.copperstone.se. Since earlier the Notice with attachments for resolutions at the Annual General Meeting May 14, 2019 are also available.
Copperstone will hold its Annual General Meeting in Stockholm on May 14, 4 PM CET. Nominations for the Board of Directors, represented by more than 40% of the votes of Copperstone, include former Minister for Rural Affairs Sven-Erik Bucht and Australian CEO and Mining Engineer Gregory Hall.
Copperstone Resources AB (Copperstone) is publishing an updated Company presentation.
Thanks to the recent Closing of the Viscaria Acquisition and several other processes being executed in parallel, Copperstone Annual Report (in Swedish) will be extended to also include 'New Copperstone' and be published April 23, 2019, instead of earlier announced April 12. The Q1 2019/Annual General Meeting will still be announced/held May 14, 2019.
Copperstone publishes the Role Description for a Study Manager to the newly acquired Viscaria Copper project. The experienced candidate is a passionate multi-tasker who has been through pre-mine development phases, mining operations and/or a mine construction. Copperstone has wholly-owned exploration assets and permits in Kiruna, Arvidsjaur and Smedjebacken municipalities. Copperstone's vision is to become a significant base and precious metals company based out of Scandinavia. The work place will be situated in the modern tailor-made Viscaria offices in Kiruna, several travelling days expected. The Study Manager will be working closely with the Copperstone Management Team and Board.
Further to the MAR Release March 8, 2019, Copperstone together with its QP are pleased to publish a detailed update and clarification regarding the New Copperstone Mineral Resources.
COPPERSTONE RESOURCES AB: EYES ON KIRUNA - VISCARIA SCOPING STUDY PUBLISHED
Following the closing of the Viscaria acquisition, Copperstone has initiated the networking with the local community, land and stake holders. The Board has established an indicative plan for near-term and mid-term development, to be addressed with local interests prior to and during work permit applications. On a corporate level, designed core drillings program for Viscaria and the Copperstone project are currently being developed. Scoping Study 2016 is attached.
Copperstone Resources AB's ("Copperstone") acquisition of Avalon Minerals Viscaria AB ("Viscaria") was completed today. Viscaria is from now on a wholly-owned subsidiary of Copperstone. Copperstone's copper mineral resources increases by 480%. Copperstone plans to apply for work permits at the County Administration Board, recruit a technical team and plan core drillings at the Viscaria site outside Kiruna alongside with increased environmental base line studies.
Copperstone Resources AB ("Copperstone") is pleased to announce that the Closing of the Viscaria acquisition is likely to occur late afternoon March 8, 2019.
Copperstone has been informed that an appeal against Sandberget 500 exploration permit has been filed at the Mining Inspectorate on March 1, 2019. If the appeal is considered legitimate, the case will be handed over to the Administrative Court (Sw: Förvaltningsdomstolen) which will decide on the appeal. All permits regarding the Copperstone project are valid up and until 2022.
Copperstone Resources AB