Pahtohavare is located approximately 8km south-west of Kiruna, a full service mining town in northern Sweden.
Hannans’ joint venture partner, Swedish mining company Lovisagruvan AB1 is funding the costs of the program pursuant to the joint venture announced to ASX on 27 March 2015. Lovisagruvan are focused on assessing the potential to mine the Central oxide deposit by completing infill drilling and advanced metallurgical test work.
The aim of this drilling is to test the continuity of mineralisation between existing drill profiles of the northern part of the oxide deposit. Results from the drilling are expected late this Quarter.
The Central deposit contains a current JORC Compliant Inferred Mineral Resource Estimate2 of 1.4Mt at 1.8% Cu and 0.6 g/t Au.
