NORDEN CROWN CONTINUES TO INTERSECT COPPER AT BURFJORD JV COPPER-GOLD PROJECT
The Project, located in the Kåfjord Copper Belt near Alta, Norway, is highly prospective for Iron Oxide Copper Gold (IOCG) and Sediment Hosted Copper mineral deposits which contribute significantly to copper production globally.
- The Project, located in the Kåfjord Copper Belt near Alta, Norway, is highly prospective for Iron Oxide Copper Gold (IOCG) and Sediment Hosted Copper mineral deposits which contribute significantly to copper production globally.
- The high-grade copper gold veins at Burfjord, that were historically mined at cut- off grades of 3-5% copper, are surrounded by envelopes of stockwork veins or disseminations of copper mineralization extending tens to hundreds of metres laterally into the host rocks.
- Norden Crown entered into an option agreement (the "Agreement") with Boliden in respect to Burfjord (see June 10, 2020 News Release).
- Forward-looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown management on the date the statements are made.