Beowulf Mining revealed ‘promising’ assay results from this year’s drill programme at the Kallak North iron ore project in Sweden.

The results are from the first nine of the sixteen holes drilled so far. And they include significant high grades of up to 54.6% iron.

Mr Clive Sinclair-Poulton chairman said that "The initial assay results from our ongoing drill programme at Kallak North are most encouraging and include the highest average grade of iron mineralisation ever recorded for a section of analysed drill core from the Kallak North deposit to date.”

He said that “We continue to make swift progress on site, utilising two rigs, and look forward to announcing the next set of results in due course."

So far sixteen holes have been drilled, for a total of 4,314 metres. The planned programme comprises around 7,000 metres of drilling.

Beowulf said that the primary aim is to determine the length and depth of the central and southern extensions of the Kallk North deposit, as well as more precisely determining its western limits.

Mr Sinclair-Poulton said that "We continue to make good progress with our circa 7,000m drilling campaign on Kallak North, with encouraging assay results received for the first nine holes and approximately 4,300m of drilling completed to date.” He added that “We look forward to reporting further assay results in due course and to receiving a positive response from the Norrbotten authorities in respect of our application for test mining.”

Source - Beowulf Mining

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