Investor Information
In a nutshell
Finland focussed - Why?
- Low risk
- Excellent Infrastructure
- 100% of land area - highly prospective pre-cambrian shield
- Under-explored - foreign exploration began 1995
Nickel production is focussed around two production centres in Finland at the Hitura Nickel Mine and in the old Kotalahti mining district. The recent acquisition of the Luikonlahti Mill will provide the nucleus for future production in the region. The mill is currently capable of around 250,000 tpa but has a design capacity of 500,000 tpa.
- Nickel In addition to the two Nickel mines in operation, Belvedere has a series of advanced Nickel projects, with two more mines planned to be commissioned over the next two years
- Gold Belvedere has a number of advanced gold projects in close proximity to their existing production centres. The newly acquired Hirsikangas project add substantially to the existing assets base. A new resource estimate is underway on the Angesneva prospect on the Kiimala property.
- Other Properties Belvedere has a number of other advanced exploration plays in Lapland. Several multi-element gold, cobalt, copper, uranium deposits of IOCG type. Over 20 airborne geophysical targets with similar signatures to known deposits are being evaluated. Developing cobalt gold resource base at Kouvervaara, Haarakumpu and Säynäjävaara
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Headline News
- Bulk Metallurgical Tests underway on Kopsa Gold Deposit
- Nickel Offtake agreement extended to February 2014
- 52% increase of Osi East Inferred Resource to 244,000 oz's gold, Maiden Indicated Resource of 68,000 oz gold -deposit open in all directions
- 2010 Net Income €3.3 million ($4.6 million CAD)
- €2 million euro loan converted to shares
- Metallurgical testing underway on Kopsa gold property
- Hitura mine outperforms production targets
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Finland is ranked number one mining destination in the world
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