We shall explore and prospect for metals and minerals that can create value for business and society

Metal Prospecting AS is a limited company registered in Mo I Rana, Norway, with corporate identification number 991078614.


MetPro in short

The assets of MetPro include four exploitation projects and two exploration projects in Norway.
Two of the exploitation projects, Skiftesmyr and Godejord, have resource estimates. Skiftesmyr holds a NI 43-101 compliant indicated resource of 3.51 Mt @ 1.0% Cu, 1.5% Zn, 0.1 g/t Au and 2.5 g/t Ag at a 0.5% lower block Cu cut-off and a inferred resource of 0.57 Mt @ 1% Cu, 1.6% Zn, 0.1 g/t Au and 2.7 g/t Ag at the same lower block Cu cut-off of 0.5%.
 
Godejord have a historical non NI 43-101 compliant resource of 250 kt million tons @ 0.6 % Cu, 4.2 % Zn, 15 ppm Ag and 0.4 ppm Au at a 1 % 1996 Cu-equivalent cut-off. The resource calculations were performed in 1992 by Norsulfid AS and were later used in Braddick Resources Ltd’s pre-feasibility study in 1996. 
 
The value metals are copper and zinc with bonus revenues from gold and silver. The deposits are open down dip and along strike. A new geological model for Skiftesmyr has been constructed after extensive trenching over the deposit in 2011 and an independent 43-101 compliant Resource Estimate has been done for Skiftesmyr.

MetPro management is encouraged by the potential of the Skiftesmyr and Godejord Massive Sulphide deposits. Exploration will be focused on Resource growth and further delineation drilling in order to advance these projects to the Pre-feasibility stage. Should positive economics be demonstrated, the Company plans on bringing these deposits into production.

MetPro has two additional exploitation permits and two exploration permits in an area immediately surrounding Skiftesmyr and Godejord in the Southwest Grong District. Skiftesmyr and Godejord are Volcanogenic Massive Sulphide (VMS) deposits similar to the past-producing Joma, Skorovass, Finnbu and Gjersvik deposits. These all lie within a geological and metallogenic Province encompassing an area of some 3,000 km2 in Central Norway. This area will remain a major focus for MetPro with exploration focused on new mine discovery and growth of Resources.

Exploration drilling and prospecting will aim at establishing mineral resources and reserves in these areas as the initial step in fulfilling a Corporate Strategy which is focused on growth through new Mine discovery and exploitation of these discoveries.