GT Resources Project Update for the Copper - Nickel - Palladium - Platinum ("PGE") LK Project, Finland [Yahoo! Finance]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: Yahoo! Finance
to provide an update on the Läntinen Koillismaa ("LK") Copper - Nickel - Palladium - Platinum Project, located in northcentral Finland. Highlights The Company has commenced an extensive assay infill and re-assay program for the Kaukau Zone of the existing LK deposit. Over 5,000 samples from across the Kaukua Zone are expected to be analysed to better define known mineralization. This work is being conducted in preparation for a potential Resource Update and Preliminary Economic Assessment ("PEA"). Background LK is the Company's most advanced project having an existing NI43-101 Palladium - Platinum - Copper dominated open pit Resource Estimate as follows: Indicated Resources: 1.1 Million ounces Total Precious Metals (Palladium + Platinum + Gold) ("TMP"), 111 Million pounds of Copper 92 Million pounds of Nickel, contained in 38.2 million tonnes. Inferred Resources: 1.1 Million ounces TMP 173 Million Pounds Copper 152 Million Pounds Nickel, contained in 49.7
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