Mineral Resource Estimates
A mineral resource refers to mineralization of such quality and quantity that commercial extraction of the metal or mineral is possible. Mineral reserves are the technically mineable and economically viable part of known and/or indicated mineral resources.
| Mineral resources | Project | Inferred | Indicated | Measured | Classification | |||
|---|---|---|---|---|---|---|---|---|
| MT | % FE | MT | % FE | MT | % FE | According to | ||
| Blötberget | 11.8 | 36.1 | 9.6 | 36.2 | 45.4 | 41.7 | JORC 2012 | |
| Håksberg | 11.6 | 36.0 | 25.4 | 36.4 | - | - | JORC | |
| Väsman field | 85.9 | 38.4 | 7.0 | 38.5 | - | - | JORC | |
There are several methods for classifying mineral resources and mineral reserves. Nordic Iron Ore has chosen to use the so-called JORC standard. The standard takes into account geological knowledge of the deposit and whether mining is economically feasible. In order to increase knowledge about the deposit, various explorations and studies are performed.
2017
DMT, Blötberget – Mineral resource estimate, update 2017
2013
Geovista, Ludvika Mines - Mineral resource estimate, update 2013.
Exploration results
