IN BRIEF: Beowulf Mining completes Kallak North mining study

Beowulf Mining PLC - developing Kallak iron ore project and the Aitolampi natural flake graphite project - Completes concept mining study for Kallak North mine in Sweden, showing that the mine can can produce 2.7 million tonnes per annum of concentrate based on its existing resource over a 15 year period.

Longer life operation is possible when considering Kallak South and exploration ground situated further south. Application for the mine is still ongoing.

Current stock price: 5.00 pence, down 4.8%

Year-to-date change: down 2.5%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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