District and Boliden Joint Technical Committee Approve 2024 Exploration Budget on the Tomtebo and Stollberg Properties and Commence Drilling at the Tomtebo Property in Sweden [Yahoo! Finan...
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: Yahoo! Finance
the " Company ") is pleased to announce that District and Boliden Minerals AB have approved an exploration budget of CDN $2.0M on the Tomtebo and Stollberg Properties for 2024. District is the operator of the Tomtebo-Stollberg collaboration, and the Company has commenced core drilling at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Highlights: The approved 2024 Exploration Budget of CDN$2.0M for the Tomtebo and Stollberg Properties will cover historical compilation work, geological mapping, geochemical sampling, ground magnetic and electromagnetic surveys, historic drill core review, and core drilling. The planned core drill program for the Tomtebo Property comprises 2,250 m in six to eight drill holes (Figure 1) will be followed up by Boliden's in-house, state of the art, down-hole, three component electromagnetic (DHEM) survey Three drill holes in 1,200 m of drilling will test the Steffenburgs zone at the his
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