Boss Resources limited is pleased to announce that it has been granted the Lilltrask Ni/Cu Project in Northern Sweden. Encouraged by the results of the Company’s first exploration drilling in Scandinavia (20.3m @ 0.3% Ni and 0.2% Cu at the Skogtrask project in Sweden, ASX: 28 August 2014), the Company has aggressively pursued its program for the identification of new exploration targets in northern Scandinavia.
A new occurrence of Ni-Cu sulphides has been identified by Boss and an application for three exploration licenses over the prospective area has been submitted (Fig. 1). The three adjoining licenses cover an area of approximately 14.9 km2 and are located in the Lilltrask area in northern Sweden approximately 35 km from Lulea, the regional administrative and industrial centre on the coast of the Gulf of Bothnia (Fig. 1). Two other Boss projects, Nottrask and Skogtrask, are also located in the same province.
The Lilltrask Project is located approximately 35 km from the nearby deep water port in Lulea, the administrative and industrial centre in the region (Fig. 1). It is easily accessible year round by bitumen road running through the licenses.
“The Lilltrask area is highly prospective and it has been left almost completely unexplored. This is a rare situation and it represents an excellent window of exploration opportunity for Boss. The geological characteristics of the project including the outcropping Ni-Cu sulphides coincident with the aeromagnetic anomalies allow us to fast track Boss’ exploration program over the next few months from conceptual model, ground eletromagnetics to a drilling stage.” – Dr Marat Abzalov, Executive Director – Geology