2021-08-13: Update exploration permit Kleva No 3

Within exploration permit Kleva No 3 there is the abandoned Kleva mine where copper, nickel and cobalt were broken. Holmasjön Prospektering AB have also found a two-kilometre-long magnetic anomaly stretching westward from the mine.

Within Kleva No 3 in Kleva mine 0,75% copper, 2-3% nickel and 0,2% cobalt has been broken from the late 1600s to 1919. Kleva mine is one of only a few known places in Sweden where cobalt has been broken.

Cobalt is used in manufacturing of batteries and the majority of the world’s cobalt is broken in Kongo. Holmasjön Prospektering AB consider a cobalt mine in Sweden to be a good thing to guarantee good workconditions and without destroying the environment. Even from a industrial perspective a cobalt mine in Sweden would be good for current and future battery factories who can guarantee good conditions when mining and substantially shorter transports.

Holmasjön Prospektering AB has previously performed a magnetic survey on Kleva No 3 including the mine. The Result was a magnetic anomaly stretching over two kilometres westward from Kleva mine.

The Company has also previously performed and electric I.P. survey on neighbouring exploration permit Holmasjön and identified a strong I.P. anomaly that probably continue to Kleva mine. If the I.P. anomaly continue to the mine the anomaly would be 700 metres long and 100 metres wide.

CEO Carl-Adam Anderssons comment

” Holmasjön Prospektering AB intend to shortly evaluate what works will be done on Kleva No 3 to proceed in the prospecting. The Company also intend to drill in the I.P. anomaly that probably runs to Kleva mine within 2021 to complete the rates from previous mining.”



Holmasjön Prospektering AB

Slottsgatan 14                                         

553 22 Jönköping, Sweden                      info@holmasjon.se

+46(0)73 044 40 42                                 www.holmasjon.se