With this grant obtained from mining and exploration department, the company expects the commencement of consulting period to be continued until 27 May 2013.

The Koivu titanium project acquired in July 2012 comprises five titanium deposits with aggregated JORC Indicated and Inferred Resources of 68.7million tons averaging 7.5% titanium dioxide with 5million tons of contained titanium oxide.

Meanwhile, Cove Resources is currently undertaking a bankable feasibility study, having concluded Scoping Study for the project.