Business
Drilling to commence at Kalla
Drilling to commence at Kalla.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n RNS Number : 9114K Beowulf Mining PLC 28 April 2010 \n \n\n28 April 2010\nBeowulf Mining Plc\n(\"Beowulf\" or the \"Company\")\nUpdate re Kallak Iron Ore Deposit\nDrilling to commence this week to further define the resource\nHighlights:\n· 3,500 metre diamond drilling programme to commence on Kallak this week \n· Initial assay results anticipated during Q3 2010 \n· Maiden JORC compliant resource/reserve anticipated to be sought following completion of the drilling programme\n· Recent bench scale tests produce a high grade magnetite pellet feed product containing 70.4% iron with low levels of contaminating metals \n· The quality and grades of the pellet feed product are of high commercial standard and of direct interest to potential international clients\n \nBeowulf (AIM: BEM; AktieTorget: BEO), the AIM and AktieTorget traded mineral exploration company, which owns several exploration projects in Sweden, is pleased to announce that a drilling programme will commence this week on the Company's wholly-owned Kallak Iron Ore deposit, located within the municipality of Jokkmokk in northern Sweden. A grid pattern of 35 holes, totaling 3,500 metres of drilling is expected to cover the complete deposit and potential surrounding areas. The drilling programme is expected to be completed by July 2010 with all analytical testing completed in August 2010.\nAll the drill cores will be geologically logged and the sections selected for analysis are expected to be assayed at the ALS/Chemex laboratory in the town of Piteå in northern Sweden. The drill cores will continuously be assayed as received at the laboratory. Assay results for the initial drill holesare expected in June2010and the full final test results are anticipated to be received during August 2010.\nThe objective of the drilling programme is to further define the quantity and quality of iron ore already known to be present in the licence area and to allow a maiden JORC compliant resource/reserve to then be sought.\nThe Company is also pleased to announce recent results from ongoing bench scale metallurgical tests on iron ore from the Kallak deposit. The tests are being conducted by MINPRO AB's (\"MINPRO\") research laborat...