Objectives & Strategy
Business concept
The company's business concept is to conduct mining production and, through exploration, develop mineral deposits in the Nordic countries in order to create good development in terms of shareholder value.
Business model
Lappland Guldprospektering revenues from future producing mines are intended to be reinvested initially in exploration activities and in the development of new mineral deposits. In the longer term, it is intended that the returns from producing mines will be distributed to the owners.
Objectives
- To explore and develop a mineral reserve within the company's most qualified project, Stortjärnhobben, of 500,000 ounces, corresponding to a production of about 15 years.
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- In parallel with the work on the core project, Stortjärnhobben, to explore at least one mineral resource on one of the companies' other projects within 3 years that justifies financing in a comprehensive drilling program
Strategy
We will create a growing, high-quality, sustainable mining company with as little risk as possible. The company will ensure that the existing project portfolio lives up to expectations and generates a positive free cash flow over time.
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Ensure that we maintain and develop a pipeline of new projects to continuously replenish mineral reserves and possible future production.
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Lappland Guldprospektering will develop our people and provide growth opportunities to support the development of our staff, operations and projects. We will also have a local presence.
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We will create value for our shareholders while operating in a safe, socially and environmentally responsible manner, the Company will contribute to the well-being of staff, their families and the people in and around the communities in which we operate.
