Misvær

3 fully granted exploration licences (30 km2) - subject to a 2% NSR

The Misvær project is located 1 hour drive south east of Bodø

Bodø is easily accessible year round with multiple flights each day from Oslo

The project is accessible on foot or by ATV

Work to date includes:

• 32 rock chip and grab samples from waste piles (up to 9.48% Cu and 0.43% Co)

• Test line of soil samples picking out a soil anomaly over the project area (15 survey points)

• Walking ground magnetic survey

• Geological mapping

Misvær is situated within the northern margin of a NNW-SSE trending ultramafic body. It is part of a 15km long crescent-shaped string of prospective ophiolite fragments within the Norwegian Caledonides

Misvær is a Cu-Co rich polymetallic (Cu, Co, Ni, Zn, S) project. Deposit genesis is enigmatic; a diapiric ascent of mantle peridotites into ocean floor volcanites and sulphidic exhalites is proposed. The Misvær project seems somewhat comparable to the very large and famous Outokumpu deposit

Planned work includes:

• Completion of the soil grid over the target geology

• Ground Electromagnetic survey to define massive sulphide

• Results dependent, drill ready targets will be defined and ready to drill late 2022