Arctic Minerals starts 4,000m drilling program at Hennes Bay copper-silver project

Reuters2026/08/03 07:31

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Arctic Minerals began a 4,000-meter Phase 1 diamond drilling program at Hennes Bay; 2,905 meters completed by June 30, 2026.
Airborne MMT survey expanded coverage by 150 km²; 2025 MMT covered about 34% of the 414 km² tenement package.
Geophysics targets follow a 2025 MMT result pointing to new areas about 10x the footprint of the 55 Mt @ 1.0% CuEq resource.
Historic flotation testwork indicated about 90% copper recovery at Dingelvik; over 90% at Henneviken; silver recoveries about 75% to at least 85%.
Directed share issue of SEK 40 million completed in April; permitting work started for an exploitation concession application targeted for late 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arctic Minerals AB published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Arctic Minerals starts 4,000m drilling program at Hennes Bay copper-silver project

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