About Arctic Gold
Arctic Gold AB is a Swedish exploration and mine development company, whose main project is the Bidjovagge gold and copper ore field in northern Norway.
Outokumpu operated profitable gold and copper production at the Bidjovagge mine between 1985 and 1991. From the previous activity at Bidjovagge there is a historical mineral resource of approximately 1.4 million tonnes, with concentrations of 3.4 grams of gold per tonne and 1.1 percent copper. Arctic Gold believes there is good potential, with limited resources, for expanding the mineral resources and proving an ore reserve that can be extracted using conventional methods. In addition to Bidjovagge, Arctic Gold also has several interesting gold and base metal projects in Sweden.