SOTKAMO SILVER: STARTS PILOT TESTING OF ORE SORTER

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Press release June 2 2020, Stockholm 08:45

Sotkamo Silver has started the pilot testing of the Ore Sorting in May. The Ore Sorter has been supplied and successfully commissioned at the Silver Mine by Outotec and Tomra. The Ore Sorter uses X-Ray Transmission (XRT) technology to scan every feed particle and to identify the relative atomic density differences within particles and then separates desired high-grade particles from the barren material pneumatically. Sorting of marginal ore is done after primary crushing and it is expected to reduce roughly 50% of non-ore material going into the grinding and flotation process. This improves significantly the energy efficiency as less material is grinded and also material efficiency as marginal ore can be exploited and processed to mill feed. Leftover barren material is used as rock-fill in the underground mine.

CONTACT

Erkki Kuronen, Managing director of Sotkamo Silver Oy, phone +358 50 599 3539

The official stock exchange announcements are provided in Swedish, and there may be differences in the translated versions. Should there be any differences, the Swedish version takes precedence.

About Sotkamo Silver AB (publ)

Sotkamo Silver´s business concept is to develop mineral deposits in the Nordic countries with regards to human society and environment. Sotkamo Silver owns through its subsidiary the Silver Mine in Sotkamo which started production in March 2019 and has reached full production capacity. In addition, the Company holds exploration rights to precious and base metal deposits in Finland, Sweden and Norway..

Sotkamo Silver applies SveMin’s and FinMin’s joint reporting rules for public mining and exploration companies. Sotkamo Silver has chosen to report its mineral resources in accordance with the internationally accepted JORC or NI 43 101 codes. Sotkamo Silver applies the International Financial Reporting Standards (IFRS) as well as the standards adopted by the European Union.

Sotkamo Silver’s ticker code is SOSI for NGM Main Regulated and SOSI1 for NASDAQ Helsinki.

The ISIN number for Sotkamo Silver AB’s shares is SE0001057910.

The Legal Entity Identifier (LEI) number is: 213800R2TQW1OZGYDX93.

Find out more about Sotkamo Silver at www.silver.fi

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