Northland Appoints Scoping Study Manager
February 01 2008 - 8:15AM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FRANKFURT: NBS)(OSLO: NAUR) is
pleased to announce that it has appointed Wardell Armstrong
International ("WAI") to complete a scoping study on its iron ore
projects in Sweden and Finland. Atkins, appointed by Northland in
November 2007, provided advice on selection of WAI as engineering
consultants for the scoping study and will manage all of the
activities required to take the projects forward to implementation
(see new release dated Nov. 27, 2007).
Northland is working to develop three magnetite deposits -Stora
Sahavaara and Tapuli in Sweden and Hannukainen in Finland- with
associated beneficiation plants. The development of the three
deposits will take place in several stages. The first phase is well
underway and much of the early metallurgical test work has been
completed, and environmental studies and permitting are well
underway. The next step is the completion of the Scoping Study for
the project. The objectives of the Scoping Study will be to:
- Consolidate the conclusions of previous studies into a single
study;
- Provide an indication of the financial and technical viability
of the project;
- Identify and evaluate alternative development options;
- Determine the basis of design and main parameters for the
trade-off studies and definitive feasibility study; and
- Confirm the timeframe for delivery of the project.
Buck Morrow, the President of Northland, commented: "I am
delighted to bring WAI on board to complete the scoping study work
for us. This study is a vital step toward demonstrating the
economic feasibility of our iron projects and we're pleased to have
their technical expertise available at this early stage."
WAI has been providing the mineral industry with specialized
geological, mining, processing, and environment, health and safety
expertise since 1987, initially as an independent company, but from
1999 as part of the Wardell Armstrong Group. They have worldwide
experience and the WA Group covers the metalliferous mining, coal,
ferrous and industrial minerals sectors. WAI has a strong client
list that includes companies and organizations from the private and
public sectors as well as many of the major lending institutions.
In addition, WAI has been involved in a number of AIM and Full
London stock exchange listings.
Atkins plans, designs and enables the delivery of complex
infrastructure and buildings for clients in the public and private
sectors across the world. Atkins is the largest multi-disciplinary
consultancy in Europe; the largest engineering consultancy in the
UK; and the third largest design firm in the world. Additional
information can be found on their website at
www.atkinsglobal.com.
About Northland (www.northlandresourcesinc.com)
Northland is a well-structured, debt free junior exploration
company with a portfolio of high quality iron, gold, and base metal
exploration projects in Sweden and Finland.
ON BEHALF OF THE BOARD
Buck Morrow
NORTHLAND RESOURCES INC.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Northland Resources Inc. Buck Morrow President Toll
Free: 1-866-719-8962 Northland Resources Inc. Ralph Rushton
Investor Relations - North America Toll Free: 1-866-719-8962
Northland Resources Inc. Gabriella Roos Investor Relations - Europe
+44 791 286 9936 Website: www.northlandresourcesinc.com
Nevgold (TSXV:NAU)
Historical Stock Chart
From May 2024 to Jun 2024
Nevgold (TSXV:NAU)
Historical Stock Chart
From Jun 2023 to Jun 2024