Aber wahrscheinlich zahlt sich weiteres warten ja aus,wenn es mit den Börsen im allgemeinen noch ordentlich runter geht,und die volatilen Aktien aus dem gesamten Explorer Bereich mit ihren Risiken kaum einer mehr haben will...
Northland Submits Exploitation Concession Application for Stora Sahavaara, Sweden
March 14, 2008: Simon Ridgway, the Chairman of Northland Resources
Inc., is pleased to announce that Northland will today submit the
draft Exploitation Concession applications for the concessions
covering the Company´s Stora Sahavaara and Tapuli iron projects in
Norrbotten County, northern Sweden.
The applications are an important step towards obtaining permission
to build and operate the two iron mining operations that Northland is
planning. The applications are being submitted to the Swedish Mines
Inspectorate, under the terms laid out in Swedish Minerals Act
(1991:45) Minerals Ordinance (1992:282) and constitute the next step
in mine permitting after granting of an Exploration Concession.
Buck Morrow, the President of Northland, said: "The Senior and
Technical management of Northland are looking forward to working with
all stakeholders in the region, including local residents, the Sámi
people, businesses, technical consultants and the regional and
federal government agencies to answer any questions that arise from
the applications for our Stora Sahavaara and Tapuli projects. We see
this submittal as a vital first step towards a substantial investment
in the future of the northern communities in and around Pajala and
Kolari."
The purpose of the applications is to identify smaller parcels of
land within the Exploration Concessions in which mineral extraction
is proposed. Northland´s applications envisage open pit mining
operations at both Tapuli and Stora Sahavaara. Granting of the
Exploitation Concession does not permit any mining activities to take
place, but simply designates an area for mining contingent on
granting of an Environmental permit. Northland´s applications include
a scoping level impact assessment looking at water management and
local environmental impacts; and a study of socio-economic impacts,
specifically contributions to the local economy, and impacts on local
stakeholders such as land owners, Sámi peoples, hunting groups and
reindeer herders, and impacts on any cultural or heritage sites.
Shareholders should note that the application process typically
involves a number of rounds of consultation questions about the
application from the permitting authorities and the public, including
the Mines Inspectorate, the Norrbotten County Administrative Board
environmental regulators, and specific stakeholders. The process,
which can last a number of months, will consider the technical and
environmental veracity of the planned mining operation. The
Concessions are not usually approved when they are first submitted to
the permitting agencies; they typically result in a collaborative
process between the Company and the Mines Inspectorate and County
Administrative Board environmental regulators before the terms of the
Concession are finalized. Management fully expects to have to revise
the document extensively prior to acceptance.
The Company has also embarked on a formal consultation process and
has held numerous public meetings and special discussions with the
local population and affected stakeholders, with many more planned.
Northland is planning to submit a full impact assessment as part of
its application for an environmental permit in mid-2008.
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
"Simon Ridgway"
NORTHLAND RESOURCES INC.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
CONTACT INFORMATION
Northland Resources Inc.
Buck Morrow, President
Investor Relations: North America, Ralph Rushton: Toll Free:
1-866-719-8962
European Contact : Jonas Lundstrom, +46 (70) 549
3338
"Ein Deutscher ist ein Mensch,der keine Lüge aussprechen kann, ohne sie selbst zu glauben"(Theodor W. Adorno)