The Viscaria Copper Project is located approximately 1,200km north of the Swedish capital Stockholm in the Kiruna region, which is regarded as a world-class mining province. The Viscaria Project area is located approximately 5km west of the town of Kiruna. It is close to major infrastructure, including the E10 highway, the Luleå-Kiruna-Narvik railway, and the established hydro-power grid.
Historically, the Viscaria Copper Project produced 12.5Mt of ore at 2.3% copper and has excellent potential to become a producing mine again.
Kiruna is home to the world’s largest underground iron ore mine called Kirunavaara that is operated by LKAB (owned by the Swedish Government). Kirunavaara has been in production since 1899 and has already produced more than a billion tons of magnetite.