Arctic Minerals AB (publ) announced that it has identified significant values of the valuable battery metal cobalt and the semimetal tellurium at its 100%-owned Bidjovagge gold-copper project in Norway. This follows a recent study of drill cores dating from the period 2007 to 2012. A total of 144 core intervals showed values exceeding 1,000 ppm (0.1%) cobalt, with a maximum value of 7,780 ppm (0.778%).

It is notable that some of these higher-grade values occur over extended intervals e.g.: Drillhole B08-02: 11.45 metres @ 4,135 ppm (0.41%) Co. Drillhole B08-07: 9.0 metres @ 1,999 ppm (0.2%) Co. Drillhole B08-10: 8.83 metres @ 1.07% Cu and 1,837 ppm (0.18%) Co.

A total of 45 core intervals showed values exceeding 100 ppm (0.01%) of tellurium, with a maximum value of 500 ppm (0.05%). As with cobalt, higher-grade values of tellurium occur over extended intervals e.g.: Drillhole B07-04: 31.0 metres @ 5.3 g/t Au, 1.34% Cu, and 106 ppm Te, including 9.0 metres @ 10.8 g/t Au, 2.35% Cu and 275 ppm Te. Drillhole 11-0041: 8.0 metres @ 271 ppm (0.027%) Te.

Drillhole B08-01: 6.0 metres @ 258 ppm Te (0.0258%) Te. Drillhole N320B: 27.32 metres @ 3.11 % Cu, 0.58 g/t Au and 501 ppm Co, including 7.52 metres @ 5.27 % Cu and 1,075 ppm (0.10%) Co and 2.62 metres @ 3.02 g/t Au and 100 ppm Te.