Dannemora secures Dannemora field´s iron ore with new exploration permits


   DANNEMORA SECURES DANNEMORA FIELD'S IRON ORE WITH NEW EXPLORATION PERMITS



Dannemora has been granted three new exploration permits with a total area of
approx. 180 hectares around the Dannemora field. The new permits, Dannemora
1, 2 and 3, will secure the area around the Dannemora exploitation concession.


Exploration drilling under the new permits will be initiated underground from
existing drifts. This is part of Dannemora's strategic plan to increase the iron
ore reserves in the Dannemora iron ore mine.


The press release can be downloaded from the following link:



[HUG#1383798]


Attachments

Press Release 12 Feb 2010.pdf