September 21, 2012 03:15 ET
Northland Resources S.A.: New Date for Operational Update
LUXEMBOURG, LUXEMBOURG--(Marketwire - Sept. 21, 2012) - Northland Resources S.A. (TSX:NAU)(OSLO:NAUR)(FRANKFURT:NPK) - ("Northland" or the "Company") will publish the September edition of its bi-monthly operation update on September 25 instead of September 24.
The reason for this is that Northland wants the operational update to be as informative as possible and therefore also include all matters discussed at the Capital Markets Day in London on September 25. The event is open for analysts, professional investors and financial media.
Karl-Axel Waplan, President & CEO, Northland Resources S.A.
Northland is a development-stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will initially exploit two magnetite iron ore deposits in Sweden. The process will yield a high-grade, high-quality magnetite iron concentrate. The construction of the Kaunisvaara project in Sweden is well underway and mining is expected to start in the fourth quarter of 2012. Northland has entered into off-take contracts for the entire production from Kaunisvaara over the next seven to ten years. The Company is also preparing a Definitive Feasibility Study ("DFS") for its Hannukainen Iron Oxide Copper Gold ("IOCG") Project in Kolari, northern Finland and for its Pellivuoma deposit 15 km from the Kaunisvaara process plant.