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Beowulf Mining PLC - exploration and development company with projects in Finland, Sweden, and Kosovo - Finds "exceptional high chargeability anomaly" in east of main Wolf Mountain prospect lead and zinc prospect, Kosovo. "Results to date suggest that the Wolf Mountain prospect consists of several structurally controlled targets, often occurring along geological contacts in the basement rocks and covering a larger area than previously considered," Beowulf says. On Friday, company said a constitutional committee, charged with reviewing Swedish government's handling of Beowulf's Kallak North exploitation concession application, says government's delay to a decision is "not acceptable". Beowulf says that while constitutional committee's statement will not have a bearing on final decision, company hopes a "decision will be 'forthcoming'".
Current stock price: 5.40 pence
Year-to-date change: up 16%
By Eric Cunha; ericcunha@alliancenews.com
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