Through our subsidiary, BS Norway Ltd, we hold 25 exploration licenses in Norway. These permits give us the right to explore and the right to apply for extraction permits for a wide range of metals. These include battery metals, such as manganese, molybdenum and cobalt.
We undertook substantial geological works in Norway in summer of 2018, through our geological team and additional specialists, across presently three sites where we hold licences. These licenses include:
The Bleka 3 concession is located in the Telemark region. The area was selected because of its proximity to the Bleka Main Vein System (gold, silver, copper and bismuth) and the Espelid Vein Swarm (pyrite).
Bømlo 1, 2, 3, 10, 11, 12, 13, 14, 15
We hold nine concession in the Vestland region, which cover approx. 7,500 hectares. The region is well developed in terms of infrastructure: it is connected to the electricity grid, there is ample supply of water and good road access. The area holds deposits of gold, copper and zinc in an area with a long history of exploration and development.
Lillefjell 4,5 and 6
We hold twelve licences in the Lillefjell region, covering an area of 110 km2. We will collect up to 300 samples from three of these licenced areas (Lillefjell 4,5 and 6) across approximately 30 km2. Here, we have the right to explore nickel, copper and platinum-group metals among others.
The Tørdal 3 licence covers an area of 10 km2 within the 150 km2 Tørdal region. Previous exploration studies of the region revealed interesting levels of rare earth elements and scandium. We also plan to collect and analyse 100 sample from this site.