Norden Crown Commences Field Exploration Program at Gumsberg Project, Southern Sweden.
NEWS RELEASE
July 26th, 2021
www.nordencrownmetals.com page 1y
NORDEN CROWN COMMENCES FIELD EXPLORATION PROGRAM AT
GUMSBERG PROJECT, SOUTHERN SWEDEN.
Vancouver, B.C., July 26th, 2021. Norden Crown Metals Corp. ("Norden Crown" or
the "Company") (TSXV:NOCR, OTC:NOCRD, Frankfurt; 03E) is pleased to announce the
commencement of surface exploration at its 100% owned Gumsberg Project, located in
the precious and base metal rich Bergslagen Province of southern Sweden (Figure 2).
The objective of the surface exploration is to enhance existing exploration drilling targets
through mapping, sampling, and airborne geophysics at the Fredriksson Gruva target
(“Fredriksson Gruva”), a Broken Hill Type (BHT) silver-zinc-lead prospect, where recent
drilling delineated up to 13.60 metres of 6.05% zinc, 1.39% lead and 43.20 g/t silver
confirming the prospect’s potential for expansion. (see Table 1, Figure 1 and Norden
Crown news release dated March 1, 2021)
“Surface exploration work at Gumsberg will focus on expanding the current footprint of
silver rich based metal mineralization at Fredriksson Gruva”. Stated Patricio Varas,
President and CEO of Norden Crown. “Broken Hill Type deposits have the potential to
yield large tonnages from comparatively small drill footprints due to the high density of
the mineralization, so we are conducting detailed geological mapping and tightly spaced
airborne magnetic geophysics to delineate mineralization in advance of additional
diamond drilling.”
Table 1. Results from drilling at Fredriksson Gruva
Drill Prospect From To Length Zinc Lead Silver
Hole Name (metres) (metres) (metres) (%) (%) (g/t)
GUM-20-09 Fredriksson Gruva 123.70 134.05 10.35 5.24 1.84 43.86
GUM-20-10 Fredriksson Gruva 134.90 148.50 13.60 6.05 1.39 43.20
GUM-20-11 Fredriksson Gruva 151.85 160.00 8.15 3.83 0.503 18.13
*Insufficient drilling has been completed to definitively determine true thickness; true thickness is estimated to be
between 90-95% for holes GUM-20-09 to GUM-20-11 based on angle to core axis and 3D interpretation.
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Figure 1. A cross-section (looking north; 1A) and a longitudinal section (looking west;
1B) showing the stacked silver-zinc-lead mineralization at Fredriksson Gruva and key
intercepts from Norden Crown’s initial drilling in March 2021 (see NOCR News Release
March 1, 2010).
2021 Surface Exploration Program
The 2021 Gumsberg surface exploration program will focus mainly on expanding the
footprint of BHT mineralization intercepted below the Fredriksson Gruva historical mine
workings in March 2021 (see Norden Crown news release dated March 1, 2021).
Geological mapping, sampling, and prospecting will be conducted in the vicinity of
Fredriksson Gruva in advance of a high resolution airborne (UAV) magnetic geophysical
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survey which will be used to trace mineralization in the subsurface. Precious metal
enriched based metal mineralization at Fredriksson Gruva is spatially associated with a
broader horizon of highly magnetic iron and manganese-rich chemical sedimentary
rocks. This thick magnetic sequence is geologically and geophysically distinctive and
can be modeled in three dimensions using detailed magnetic data. The surface and
subsurface mapping efforts will increase the confidence in the existing drill targets at
Frederickson Gruva and allow the Company to gain insight into the prospects‘ size
potential.
Mineralization at Fredriksson Gruva is folded, forming a moderate to steeply eastward-
plunging open anticline. BHT mineralization at Fredriksson Gruva is associated with
extensive regional-scale magnetite-rich iron formation(s) with corresponding regional
scale magnetic anomalies which Norden Crown also intends to further delineate in the
subsurface using airborne magnetic geophysical surveys. Regional magnetic
geophysical data sourced from the Geological Survey of Sweden suggests that the
prospective magnetic anomaly (and coincident magnetite-bearing iron formation)
extends over 21 kilometres across the Gumsberg West Licence (southwest of
Fredriksson Gruva) greatly enhancing the exploration potential for additional BHT
discoveries (see Figure 2).
About Broken Hill Type Deposits
BHT deposits constitute some of the largest and highest-grade ore deposits in the
world1. The namesake deposit, Broken Hill, is in Western Australia and represents the
largest known accumulation of Ag, Zn, and Pb on Earth1. BHT deposits constitute a
distinctive type of stratiform, sediment hosted silver-zinc-lead mineral deposits. They
are characterized and distinguished from other silver-zinc-lead deposits by the
chemistry of the sediment that host them and that they are usually associated spatially
and temporally with volcanism.
Characteristic features of these types of deposits include:
• High grade Ag + Zn + Pb mineralized ores
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• Metamorphic grades that range from upper greenschist to granulite facies
• Paleoproterozoic oxidized clastic metasedimentary host rocks in the absence of
metamorphosed carbonates/calcsilicate horizons
• Spatially associated with bimodal (felsic and mafic) intrusive and volcanic rocks,
and stratabound gahnite- and garnet-bearing rocks and iron formations
• Stacked orebodies with characteristic Ag:Zn:Pb ratios and skarn-like (generally
pyroxenoid dominated) Fe-Mn-Ca-F gangue assemblages
• Sulfur-poor assemblages
Figure 2. The location of the Fredriksson Gruva BHT deposit with the greater ~ 21 kilometre long BHT
prospective magnetic anomaly.
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A spatial relationship with continental rifts and an association with magnetite iron
formations is considered important to the genesis of BHT deposits and can be used to
vector toward additional BHT mineralization along the +21 kilometre belt of prospective
host rocks (see Figure 2). In addition, the association of manganiferous garnets
(spessartine) and anomalous base metals in these deposit types will be used to help to
evaluate the numerous prospective iron formations in the belt for their potential to host
BHT deposits.
References
1 Spry, P.G., and Teal, G.S., 2021. A classification of Broken Hill-type deposits: A critical review, Ore Geology Reviews, Volume 130,
March 2021, 103935
References to other Mines and Deposits
References to other mines and deposits made in this news release provide context for
the Fredriksson Gruva and Gumsberg Project, which occurs in a similar geologic setting,
but this is not necessarily indicative that the projects host similar grades and tonnages
of mineralization.
About Norden Crown Metals Corp.
Norden Crown is a mineral exploration company focused on the discovery of silver, zinc,
copper, and gold deposits in exceptional, historical mining project areas spanning
Sweden and Norway. The Company aims to discover new economic mineral deposits
in known mining districts that have seen little or no modern exploration techniques. The
Company is led by an experienced management team and an accomplished technical
team, with successful track records in mineral discovery, mining development and
financing.
Qualified Person
Patricio Varas, P.Geo, a Qualified Person as defined by National Instrument 43-101
Standards of Disclosure for Mineral Projects, has read and approved all technical and
scientific information contained in this news release.
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On behalf of Norden Crown Metals Corp.
Patricio Varas, Chairman and CEO
For more information on Norden Crown please visit the Company website at
www.NordenCrownmetals.com or contact us at +1.604.922.8810 or
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions,
or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may
include, without limitation, statements relating to future outlook and anticipated events, such as the successful
completion of the by the Company. surface exploration program on the Gumsberg Project or that such exploration
program will result in an expansion of the current footprint of the mineralization Although Norden Crown believes
the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or
realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties
include, but are not limited to, Norden Crown's ability to raise sufficient capital to maintain its mineral tenures and
concessions in good standing, to conduct its exploration program on the Gumsberg Project as currently
contemplated, to repay its debt and for general working capital purposes; changes in economic conditions or
financial markets; the ability of Norden Crown to obtain the necessary permits and consents required to explore,
drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to
Norden Crown plans and business objectives for the projects; the general ability of Norden Crown to drill test its
projects and find mineral resources; if any mineral resources are discovered or acquired, the Company's ability to
monetize any such mineral resources; and changes in environmental and other laws or regulations that could have
an impact on the Company's operations. Forward-looking statements are based on the reasonable beliefs, estimates
and opinions of Norden Crown management on the date the statements are made. Except as required by law,
Norden Crown undertakes no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.