2017-05-10: Exploration permit Kleva No 3 has potential for cobalt

According to SGU (Sweden Geological Survey), 0.2 percent cobalt, 2 percent nickel and 0.75 percent copper were broken in Kleva mine.

Kleva No 3 is an exploration permit of 64 hectares in Vetlanda municipality, Sweden. Within exploration permit Kleva No 3 is Kleva mine where cobalt, nickel and copper was broken until 1919.

Holmasjön Prospektering AB has performed magnetic measurements throughout the exploration permit Kleva No. 3. A magnetic anomaly was found over the Kleva mine. Electrical measurements are planned to identify drill targets. The electrical measurements are intended to be carried out in the near future. Holmasjön Prospektering AB has acquired drilling skills and drilling rig in 2017.

The area around exploration permit Kleva No 3 has good infrastructure with smaller roads in direct connection and major roads and railways about two kilometres away. The nearest port is only 90 kilometres away.

CEO Carl-Adam Andersson's comment

"Archive work has resulted in more information about Kleva No. 3 and Kleva mine, which updates the company's expectations on the exploration permit".

Contact

Holmasjön Prospektering AB

Slottsgatan 14                                         

553 22 Jönköping                                    info@holmasjon.se

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