Gladhammar Project, Sweden

Gladhammar was mined variously for cobalt, copper and iron from the 16th to 19th centuries from a number of small underground mines. Mineralisation consists mainly of cobaltite, pyrite and magnetite hosted in sheared quartzites.A small mining concession is excised from within the exploration licence, on which the current owners have identified a small gold resource on strike from the historic cobalt mineralisation and associated with a linear magnetic feature identifiable in regional magnetic surveys. Berkut exploration licences cover the strike extensions of this mineralisation and the company believes it prospective for repeated Co, Cu and Au mineralisation.