News : Bidjovagge

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Arctic Gold AB: The Department of Justice should review how Plan og Bygningslove...

12/5/2012 6:00 AM EST  -   Arctic Gold AB
Arctic Gold has today been informed that Formanskapet (the advisory committee) in the municipality of Kautokeino has decided to postpone the confirmation of the Arctic Gold Planprogram (program for impact study). The intention is to first let Justitiedepartementet review how Plan og Bygningsloven (the planning and building law) should be interpreted and used.
The municipality of Kautokeino, which previously...

Arctic Gold AB (ARCT): Fylkesman's statement about municipality of Kautekeino's ...

10/31/2012 4:00 AM EST  -   Arctic Gold AB
The Fylkesman in Finnmark has now concluded that none of the five indicated members of the Kautekeino municipal government had a conflict of interest when Arctic Gold's application for Planprogram (investigation study) was rejected on April 26, 2012. The Fylkenman also states that the municipal government had the right to reject Arctic Gold's application at the same meeting. Arctic Gold's modified application will...

Arctic Gold AB (ARCT): Kautokeino municipal government re-processes our applicat...

10/26/2012 4:00 AM EST  -   Arctic Gold AB
Arctic Gold has now been notified that the proposed Planprogram will be processed at a new meeting on December 10 after the Fylkesman has revieved the case again to determine whether any vested interest was involved and if any factual error was committed when the proposal was rejected at the first meeting.
After a suggestion by the Councilman (top administrative executive of the municipality) the proposal for...

Arctic Gold AB (ARCT): The municipal government of Kautekeino decides that the P...

10/3/2012 3:00 AM EST  -   Arctic Gold AB
Arctic Gold has been notified today that the proposed Planprogram will be processed at a new meeting later this fall after the Fylkesman has reviewed the case again to determine whether any vested interest was involved and if any factual error was committed when the proposal was rejected at the first meeting.
- I understand that all factual handling of the case must be taken into account, but at the same time...

Arctic Gold AB (ARCT): Formannskapet in Kautokeino approves Planprogrammet (the ...

10/1/2012 7:00 AM EST  -   Arctic Gold AB
Arctic Gold's request for the municipal government of Kautokeino to process the company's application with a modified Planprogram has resulted in formannskapet (a political advisory committee) voting in favor of Arctic Gold continuing to work with the impact studies for the mining operations in Bidjovagge. This decision is a recommendation to the municipal government which will decide on the issue at the meeting on...

Arctic Gold AB (ARCT): The Municipal Government in Kautokeino will process the c...

8/17/2012 2:30 AM EST  -   Arctic Gold AB
Arctic Gold's request that the Kutokeino Municipal Government processes the company's application with a modified Planprogram has now resulted in the Chairman of the Municipal Government, after reviewing the previous handling of the case with the Department of Municipalities in Norway, deciding to take up the company's case at the next Municipal Government meeting on October 3, 2012.

Arctic Gold AB (ARCT): Mineral resource in Bidjovagge increased

2/1/2012 7:35 AM EST  -   Arctic Gold AB
The mineral resource in Bidjovagge has been increased by 35% through a recent study by Outotec (Finland) Oy after the drilling in 2011.  The results show a 2.06 million ton indicated mineral resource with 1.60 g/t gold (2.23 g/t “uncut”) and 1.15% copper as well as 240,000 ton inferred mineral resource with 2.6 g/t gold (2.6 g/t “uncut”) and 0.9% copper.  This mineral resource refers to in situ resources in the...

Arctic Gold AB (ARCT): All analyses from Bidjovagge completed

1/16/2012 2:55 AM EST  -   Arctic Gold AB
Arctic Gold has now received all of the analyses from the drilling in Bidjovagge this summer and autumn. Among the latest analyses received is one sample with 17.1 g/ton gold over 1.08 m. This sample is taken from a drill core (11-0050) from the Karin ore's northern area and is located within a 23.72 m long section where the average grade is 2.41 g/t gold and a copper grade of 0.81%.

Arctic Gold AB (ARCT): Arctic Gold conducts a directed share issue of SEK 10,5m

11/30/2011 11:13 AM EST  -   Arctic Gold AB
The Board of directors in Arctic Gold have resolved to issue 3 000 000 shares to a limited number of investors. The issue price is 3,5 SEK per share and will raise SEK 10,5m before issue costs.

The issue is directed to a number of private investors including Lennart Schönning, Tord Cederlund and Dr. Markus Elsasser, an experienced mining investor.

The purpose of the issue is to fund the development of the...

Arctic Gold AB (ARCT): Bidjovagge mining project continues and new analyses are ...

11/21/2011 3:00 AM EST  -   Arctic Gold AB
Arctic gold has received further analysis from the drillings in Bidjovagge. This time gold and copper grades in two drill holes drilled south of the previously known ore bodies D-malmen and Gerd are reported. In drill hole 11-0035 three mineralized sections were found of which one had grades of 0.94 g/t gold and 1.08% copper over 30 m. All these sections are reported in the attachment.

The analysis results from...