Beowulf Drilling Following Agreement with Saami People

Wednesday, 11 December, 2013

Beowulf Mining, the UK iron ore explorer operating in Northern Sweden, today announced it is commencing with a resource drilling program. Beowulf have had issues with the Saami people who have in the past actively protested against the Company's operations. The Saami are an indigenous Fino-Ugric group who traditionally live a semi-nomadic existance driving reindeer through 'corridors' of land, each tract being accociated with individual tribes. Beowulf has reached an agreement with the local Sami communities to rotate exploration around specific droving periods in the calendar.

Clive Sinclair-Poulton, Executive Chairman of Beowulf, commented:

"I am delighted that our new drill programme on Ballek is set to commence on 17 December with preparatory work, including ploughing of an access road and packing of snow to the first drill site, already underway.  

 "It is also pleasing that our recent meeting with representatives of the relevant locally affected Sami community has resulted in an agreement being put in place to coordinate our planned fieldwork with their reindeer herding activities and thereby minimise any potential disruption. I look forward to providing a further update in due course as our work progresses."

In the best traditions of the Daily Telegraph we have featured a traditional Saami reindeer herder as the image for the story.

ENDS