©2011 Beowulf Mining plc, Richmond House, Broad Street, Ely, Cambridgeshire. CB7 4AH
BEOWULF MINING plc
Molybdenum
The 8 square kilometre Munka deposit, confirmed by historic drilling, extends over
800m in length with parallel mineralised lenses of varying width in excess of 20m.
Between 1973 and 1977, a total of 67 holes were drilled in the area for approximately
10,000 metres. Based on these historic drilling results, the Geological Survey of
Sweden (SGU) estimated resources up to 100m depth to be 1.7 million tonnes at 0.156%
molybdenum (Mo). This historic estimate does not comply with current JORC or 43-
Beowulf has reviewed all of the available data on the Munka deposit registered at the SGU’s offices at Malå, parts of which have not previously been reviewed. All drill cores presently stored at the SGU’s offices are being rechecked with the analysis subject to Beowulf’s control.
With additional control studies in the field and some further limited drilling, Beowulf anticipates being able to rapidly achieve a JORC compliant resource estimate.
A brief presentation is shown here >