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Beowulf Mining Plc
Summary
| Project: | Aitolampi | |
|---|---|---|
| Deposit: | Aitolampi | |
| Location: | Finland | |
| Commodities: | Graphite | |
| Date: | 8/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-8-2018: Beowulf Mining Plc announces a Resource Estimation report for its Aitolampi deposit at the Aitolampi project. Initial mineral resource estimate at Aitolampi. Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, f | |
| Resources: | (Resource, I+I): 19.3Mt @ 4.5% TGC, 4.8% S for 878Kt graphite contained at Aitolampi | |
| CP/QP: | [Resources]: Andrew Scogings (CSA Global Pty Ltd.) | |
| ABSTRACT: | Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, focused on the Kallak magnetite iron ore project and the Åtvidaberg polymetallic exploration licence in Sweden, and its graphite portfolio in Finland, is pleased to announce a Maiden Mineral Resource Estimate ("MRE") for its Aitolampi graphite project in Finland. Aitolampi is part of the Company's 100 per cent owned Exploration Permit, Pitkäjärvi 1. Kurt Budge, CEO, commented:"It's great news for our exploration team to achieve the milestone of a Maiden Mineral Resource Estimate for Aitolampi. It is another building block, to add to the metallurgical testwork results that we have achieved, and highlights the potential of the project to serve the developing battery manufacturing market in Finland and Sweden."Tonnes are not in short supply at Aitolampi, as evidenced by the maiden 19.3 Mt resource, but it's pleasing to see a higher-grade five percent TGC Western Zone, that could be the focus for initial production. | |
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