The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Northland Resources S.A.: Technical Review in Support of Kaunisvaara May 2011 DFS is Now Available

Tuesday, June 07, 2011

Northland Resources S.A.: Technical Review in Support of Kaunisvaara May 2011 DFS is Now Available14:51 EDT Tuesday, June 07, 2011LUXEMBOURG, LUXEMBOURG--(Marketwire - June 7, 2011) - Northland Resources S.A. (TSX:NAU)(FRANKFURT:NPK)(OSLO:NAUR) ("Northland" or "the Company") is pleased to announce that the technical review in support of the update of the Definitive Feasibility Study ("DFS") on its Kaunisvaara Iron Concentrate Project has been filed on SEDAR and is now available to download from the Company's website. On May 18, 2011, Northland announced an update of the positive outcome of the DFS on the Kaunisvaara Project, confirming the logistic solution and a NPV of USD 934 million.To access a copy of the report, please go to: http://www.northland.eu/i/pdf/techreports/43-101_Kaunisvaara_43101_June_2011.Final.pdf Or visit: http://www.sedar.com/ 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 exploit magnetite iron ore deposits, feeding a single, multi-line processing facility in Sweden. The process yields a very high-grade, high-quality magnetite iron concentrate. The Company is also preparing a Definitive Feasibility Study for the Hannukainen Iron Oxide Copper Gold Project in Kolari, northern Finland.Karl-Axel Waplan, President & CEONorthland Resources S.A. Visit our website: www.northland.euFOR FURTHER INFORMATION PLEASE CONTACT: Karl-Axel WaplanNorthland Resources S.A.President and CEO+46 705 104 239ORAnders AntonssonNorthland Resources S.A.Vice President Investor Relations+46 709 994 970ORMarguerite Manshreck-HeadNorthland Resources S.A.Investors Relations, Canada+1 647 224 7882www.northland.eu