Nordic Iron Ore's application for an extension of the exploration permit Ludvika field no. 1 has been granted
Nordic Iron Ore AB has applied for and been granted an extension of the exploration permit Ludvika field no. 1. The background to the extension is that the exploration work carried out so far has given very positive signals. Further successful exploration of the area could mean a possible expansion of Nordic Iron Ore's mineral resources.
Through Nordic Iron Ore's own exploration work and participation in the EU-funded projects Smart Exploration and FUTURE, the knowledge of the geology in the local area has increased. "Thanks to the Mining Inspectorate's extension of the permit, we can continue to fill in the information gaps and test our theories about the extent of the mineralizations," says Emma Bäckström, geologist at Nordic Iron Ore AB.