TESTMINING FOR THE PILOT-PLANT TEST SUCCESSFULLY COMPLETED

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239 tonnes ore from the underground tunnel at Taivaljarvi Silver Mine have successfully been mined. A 12 meter long section along an existing 60 meter tunnel that goes through the ore-body, was chosen for the sampling.

The ore was taken from the -150 meter level and hauled to the surface. 117 tonnes ore-sample has been delivered to the Geological Survey of Finland's Mineral Processing Laboratory in Outokumpu. This ore sample will be used in the pilot-plant test, The test-period begins on the 15th of August and will be finished in the middle of September. The Purpose of the test is to optimize the processing of the ore and to find out the most suitable parameters for the processing plant, which will be constructed in Taivaljärvi. Results of the test will be completed early October. The Pilot-plant test will be one of the key components in the Feasibility Study, which will be completed towards the end of the year.

 

Stockholm, August 4, 2011

SOTKAMO SILVER AB (publ.)

Timo Lindborg, CEO

 

About Sotkamo Silver AB:

Sotkamo Silver AB´s business concept is to exploit mineral deposits in the Nordic countries with regard to human society and environment. Sotkamo Silver owns, through its subsidiary mineral deposits, which contains silver and gold in Finland. The Company’s main development project is the Taivaljärvi Silver Mine.

Sotkamo Silver applies SveMin’s & FinnMin’s respective rules of reporting for public mining & exploration companies. Sotkamo Silver has chosen to report mineral resources and ore reserves according to the internationally accepted JORC or NI 43-101-code. The company applies International Financial Reporting Standards (IFRS) as approved by the European Union.

The shares are traded at the Burgundy market place and NGM Equity in Stockholm.

The ticker symbol is SOSI. ISIN-code for Sotkamo Silver shares is SE0001057910.

Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi

For further information: Dr. Timo Lindborg, CEO, phone: +46-8-30 49 20

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