2017-06-28: Holmasjön Prospektering AB obtain drilling permits on exploration permit Holmasjön No.1

Holmasjön Prospektering AB has been granted drilling permits on exploration permit Holmasjön No 1. The company intend to drill during the fall of 2017.

Holmasjön Prospektering AB has obtained permit to drill two holes on exploration permit Holmasjön No1. The drilling method for these holes is core drilling. The depth of the two holes will be just over 60 meters and 100 meters respectively.

The company has carried out magnetic surveys as well as I.P. surveys in house on the exploration permit. The company has also sent rock samples on analysis containing 0.56% copper, 0.23 ppm gold and 1.9% titanium. It is the result of these surveys and the rock samples that led to a drilling application and the drill start is planned for the autumn of 2017.

In case of good results, Holmasjön Prospektering AB will submit further drilling applications in order to obtain a processing concession in the long run.

CEO Carl-Adam Andersson's comment

"It is gratifying that Holmasjön Prospektering AB has been granted drilling permits. I am looking forward to the planned drill start this fall and hope for good results in the drill cores. "

Contact

Holmasjön Prospektering AB

Slottsgatan 14                                         

553 22 Jönköping                                    info@holmasjon.se

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