Arctic Minerals issued an update on its exploration progress in northern and central Finland. Copper joint venture project Per?pohja: Arctic Minerals partner at the Per?pohja project, the Rio Tinto Group, has carried out further diamond drilling at several locations in the Per?pohja district. Holes were drilled for a total of 2,388 metres for geological and stratigraphic understanding. Further diamond drilling may also be carried out in 2022. Other recent work has included: 34 archive holes (2,979 metres) re-logged and resampled (for later assaying) 5 geophysical (AMT) profiles have been completed Geological mapping by Rio Tinto Prospecting for ore boulders by Arctic Minerals Arctic Minerals currently holds a total of 240 km2 (24,000 ha) of reservations in the Per?pohja district and has in addition applied for 16 exploration permits in a total of 536 km2 (53,600 ha). The geology of the Per?pohja Schist Belt of southern Finnish Lapland has many similarities to that of the Central African Copper Belt ("CACB"), one of the worlds main sources of copper and also a major source of cobalt. Arctic Minerals and Rio Tintos main exploration target in Per?pohja is a type of mineralisation called "SSC" (Sediment-hosted Stratiform Copper), typical of that found in the CACB. Arctic Minerals has been exploring for copper in Per?pohja since 2017 and has found widespread copper mineralisation in both outcrops and boulders. Copper-nickel-PGE project Lohi Arctic Minerals believes that the Lohi area has potential for the discovery of copper-nickel-PGE (platinum group elements) mineralisation similar to Anglo Americans Sakatti deposit in Sodankyl?. The Company is currently carrying out a detailed review of available geological, geochemical and geophysical data to determine the work to be carried out in 2022. The Lohi reservation covers 371 km2(37,100 ha). Northeast of Inari centre, in the Nellim area, previous exploration work by GTK (Geological Survey of Finland) discovered a number of copper- and nickel-rich boulders (up to 0.48% copper and 2.03% nickel respectively), coincident with magnetic and gravity anomalies. The geology of the area is similar to that on the Russian side of the border, which has hosted a number of nickel-copper mines. Arctic Minerals is therefore carrying out a review of available data to decide upon the field program for 2022. The Nellim reservations covers 840 km2 (84,000 ha).