Arctic Minerals AB (publ) ("Arctic Minerals" or the "Company") has commenced an extensive geophysics program at its 100% owned Hennes Bay copper-silver project ("Hennes Bay" or the "Project") in Sweden. The program builds on the successful 2025 geophysics program by surveying a further 150km2 and is designed to extend known prospects and generate new targets.
Full announcement
This press release is a summary of the Full Announcement which is enclosed to this press release and can also be accessed via this link.
Highlights
Arctic Minerals' Managing Director and CEO Peter George commented:
"After the success of the initial MMT survey in 2025, it makes sense to continue to push the boundaries of our understanding of potential target areas at our flagship Hennes Bay copper-silver project. We strongly believe that Hennes Bay hosts a large-scale sediment-hosted copper mineral system and these modern geophysical techniques provide us a quick and effective means to evaluate the aerially extensive target horizon within the 414km2 tenement package. The resultant high confidence targeting allows us to focus our drilling to ensure we maximise use of shareholder funds and add value to the Company. I am looking forward to presenting the results of the MMT and gravity surveys as well as the ongoing phase 1 drilling program in the coming months."
Certified Advisor
UB Corporate Finance Oy, of Helsinki, Finland, (www.unitedbankers.fi) is the Company's Certified Advisor on Nasdaq First North Growth Market, Stockholm.
For further information see the Company's website at www.arcticminerals.se or contact:
Peter George, Managing Director and CEO
+46 (8) 380 970
peter.george@arcticminerals.se
About Arctic Minerals
Arctic Minerals is a mineral exploration and development company exploring for copper, gold and critical minerals in the Nordics (Sweden, Norway and Finland). The Company's shares are listed on Nasdaq First North Growth Market in Stockholm under the trade designation "ARCT".
Stay up to date with the latest developments for Arctic Minerals via the Company's social media at X, Facebook, LinkedIn, Instagram and YouTube.
The information was submitted for publication, through the agency of the contact person set out above, at 09.30 a.m. CEST on 29 July 2026.