Year-end Report January – December 2016
Significant events during the fourth quarter 2016 · The company received a commitment of SEK 2 million before in short term loans from large shareholders, half of which was used. · Gap analysis of geotechnical and geophysical data to help define any deficiencies in the information necessary to build geotechnical and hydrogeological models for inclusion in the mine design. · Initiate a new Mineral Resource Estimate (MRE) by DMT to include an expanded mining concession area. Fourth quarter, 1 October – 31 December 2016 · Net income amounted to SEK 0 million (0) · Earnings