Portfolio Development

This Project Summary was last updated 2009-10-21 07:29:06.

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NEWS FLOW...

November 1, 2011

Copper and Gold Discoveries

  • Copper-gold discovery made at Njivlojávri Project, Norway
    • 32.1 % Cu, 3.75 g/t Au (KA11029)
    • 7.46 % Cu, 5.93 g/t Au (KA11030)
  • Copper discovery made at Fiskarfjellet Project, Norway
    • 2.09% Cu, 7.6g/t Ag (AL11058)
    • 1.61% Cu, 7.4g/t Ag (AL11059)
    • 1.47% Cu, 6.0g/t Ag (AL11060)
    • 1.03%Cu, 6.3g/t Ag (AL11061)
  • Field work to recommence in European 2012 summer
  • Gold and base metals pipeline continues to grow
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October 31, 2011

1st Quarter Activities Report

KIRUNA IRON PROJECT

  • JORC resource 1 significantly exceeded targets:

412.1 Mt @ 39.9% Fe

  • The global JORC Exploration Target 2 is now:

218 - 323Mt @ 32 - 39% Fe

  • Cooperation agreement signed with Boliden Mineral AB, a leading European metals company, allowing Kiruna Iron AB (KIAB) to earn 100% interest in Lannavaara iron rights
  • Preliminary metallurgical testwork confirms that Kiruna Iron Project mineralisation could produce a high quality iron concentrate of +70% Fe
  • Phase 1 exploration drilling has now been completed for a total of 14,224m, excellent results received from Rakkurijoki Prospect, Puoltsa Prospect, Laukkujärvi Prospect and Harrejaure Prospect; detailed ground geophysical surveys commenced at Rakkurijärvi

PRECIOUS & BASE METALS PIPELINE

  • 19 projects within pipeline
  • IP survey completed at Särksjön Project which identifies significant conductive anomaly

CORPORATE STRATEGY UPDATE

  • CanaccordGenuity and Pareto Securities appointed as financial advisors to Kiruna Iron with the mandate to assist in funding the development of the Kiruna Iron Project
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July 29, 2011

4th Quarter Activities Report

  • Kiruna Iron Project
    • Acquisition of Strategic Iron Permits
    • Diamond drilling in progress throughout Quarter
    • Encouraging iron and copper assays received
    • Metallurgical test work in progress
    • Environmental and social impact studies in progress
    • Permitting and planning in progress for Q3 2011
    • Modelling for maiden JORC resource in July
  • Precious Base Metals Pipeline
    • 19 projects within pipeline
    • 4 new gold prospects applied for in Finnmark, Norway
    • Field mapping and sampling completed at five of the seven new Finnmark prospects
    • Geophysical surveys completed at Ankarvattnet and Särksjön
  • Mrs Christina Lundmark
    • Joined the Exploration Team on 1 July 2011

 

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January 31, 2011

2nd Quarter Activities Report

  • Drill planning at Kiruna Iron Project well advanced
  • Sámi landholder consultation initiated
  • Final assay results from Famnvatnet
  • Acquisition of 100% interest in major project from Anglo America and Rio Tinto (Rakkuri Project)
  • Total convertible loan funding increases to $3.75m
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November 18, 2010

BRR Interview - Scandinavian Resources Acquires 100% Interest in Major Project From Anglo American and Rio Tinto, the Rakkuri Project



Click here for the interview with Scandinavian Resources Chairman, Mr Damian Hicks

Click here for more BRR interviews

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November 11, 2010

BRR Interview - Updates on the Kiruna and Swedish Caledonides Projects



Click here for the interview with Scandinavian Resources Chairman, Mr Damian Hicks

Click here for more BRR interviews

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October 31, 2010

1st Quarter Activities Report

Highlights

Kiruna Iron Project (Sweden)

  • Excellent preliminary metallurgical test work results from multiple iron prospects
  • Winter drill planning commenced
  • Kiruna Iron AB incorporated

 

Lake Embrace (Famnvatnet) Project (Norway)

  • Diamond drilling of geophysical targets completed (25 holes for 2,335 metres), assay results for 21 holes pending
  • New boulder assays returned include:
    • KS10046: 0.19g/t gold, 423g/t silver, and >30% lead
    • KS10057: 0.55g/t gold, 151g/t silver, 9.4% lead and 9.95% zinc
    • SB10040: 1.74g/t gold, 102g/t silver, 1.88% copper, 3.85% lead and 12.75% zinc
    • SB10043: 0.15g/t gold, 407g/t silver and >30% lead
  • Permit position expanded

 

Bleikvassli Project (Norway)

  • New project established

 

Gjetarfjellet (Norway)

  • New project established

 

Daningen Project (Sweden)

  • High grade copper assays from outcrop
  • New permit position
  • One bedrock samples from new permit returned 5.2g/t silver and 6.7% copper

 

Särksjön Project (Sweden)

  • High grade gold and base metal assays from outcrop

 

Sielkentjakke (Sweden)

  • High grade copper assay from outcrop

 

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April 21, 2010

Successful Completion of $6.7M IPO and Admission to ASX

  • Scandinavian Resources Ltd (ASX:SCR) lists on ASX after completing $6.7m IPO.
  • SCR strategy is to ‘incubate’ a highly prospective portfolio of iron, manganese, gold, PGE and base metals projects in Scandinavia (primarily Sweden & Norway).
  • SCR cornerstone investor is S&P/ASX Top 200 company, OM Holdings Ltd (ASX:OMH).
  • Technical Director Mr Olof Forslund was previously Regional Manager of the Geological Survey of Sweden’s Mineral Resources Information Office in Mala, Sweden.
  • SCR is the 11th largest landholder (by area) of minerals exploration projects in Sweden & one of the largest landholders in the world class Kiruna IOCG District.
  • SCR exploration projects are the Kiruna iron project (Kiruna District, Sweden), Lake Embrace copper-lead-zinc-silver project (Nordland District, Norway) and Swampy Mountain iron-copper-gold plus PGE project (Skellefte District, Sweden).
  • SCR’s flagship Kiruna iron exploration project is 30km from the 2Bt Kiruna iron mine (owned by LKAB) – the world’s largest and most modern underground iron mine.
  • SCR’s ‘pipeline’ of projects cover manganese, gold, copper-gold and lead-zinc prospects in Sweden & Norway.
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