Beowulf starts graphite drilling programme in Finland

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Sharecast News | 22 Feb, 2017

Nordic-focussed mineral exploration and development company Beowulf Mining announced on Wednesday that drilling had started at its Aitolampi graphite prospect in Finland, part of its 100% owned exploration permit Pitkäjärvi 1.

The AIM-traded company said it planned an approximate 2,000 metre drill programme of up to 30 drill holes, split in two phases.

It said the first phase will drill 1,150 metres, taking two to three weeks to complete, with samples for testwork shipped concurrently with drilling.

The second phase of drilling will start in the summer of 2017, after all of the information from the first phase has been analysed in full.

“I am delighted to announce that we have started the drilling programme at Aitolampi which will significantly enhance our geological understanding of the prospect, and provide representative sample material for further testwork,” said CEO Kurt Budge.

“We look forward to providing shareholders with further updates on our progress and findings in due course.”

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