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Copperstone starts Feasibility Study

Non Regulatory

To ensure a complete basis for financing and planning, Copperstone is starting a Feasibility Study. The plan for a reopening of the Viscaria mine in 2026 remains.

As part of identifying and minimizing the risks associated with a mine opening, the work with a Pre-Feasibility Study has been going on with high intensity. Copperstone is now starting the next step in the preparation work by producing a Feasibility Study in 2024. According to PERC Reporting Standard regulations, a Feasibility Study is a very detailed plan based on actual conditions and serves as a complete basis for financing and project planning.

"The feedback we have received from financiers and banks is that they want to see as solid and thorough basis as possible. By starting the work with a Feasibility Study, we ensure that we use our resources in the best way," said Jörgen Olsson, CEO of Copperstone. "The results from our drilling have been very encouraging and strengthen our view that Viscaria has excellent conditions to become a profitable and important copper concentrate supplier in a few years' time."

Jörgen Olsson is today a speaker at the Future Mine & Mineral conference in Stockholm, where he presents under the heading "How to secure a predictable mine opening."