Norden Crown Provides Exploration Update FOR the Gumsberg and Burfjord JV Copper-GOLD Projects
NEWS RELEASE
October 28th, 2021
www.nordencrownmetals.com page 1y
NORDEN CROWN PROVIDES EXPLORATION UPDATE FOR THE
GUMSBERG AND BURFJORD JV COPPER-GOLD PROJECTS
Vancouver, B.C., October 28, 2021. Norden Crown Metals Corp. ("Norden Crown" or the
"Company") (TSXV:NOCR, OTC:NOCRF, Frankfurt: 03E ) is pleased to provide an exploration
update for its Burfjord Copper-Gold Project (“Burfjord”) in northern Norway, which is 100%
owned but subject to an option (as described further, below) and its 100% owned Gumsberg
Project (“Gumsberg”), located in the Bergslagan province in southern Sweden.
Norden Crown, in partnership with Boliden Mineral AB (“Boliden”), recently completed a 9 hole,
2,208.7 metre exploration drilling program at Burfjord, which was designed to test selected
geological, geochemical and geophysical targets, with geochemical results expected in the
coming weeks (Figure 1). In addition to diamond drilling, Norden Crown completed 21.5 line-
kilometres of ground-based time domain electromagnetic geophysics (“TEM”) over high priority
targets at Burfjord with the objective of identifying conductive copper sulphide mineralization
for the purpose of drill testing (Figure 1).
Norden Crown is currently planning a soil sampling campaign and a high-resolution magnetic
survey at the Fredriksson Gruva prospect at Gumsberg. Results from this work will be combined
with ongoing lithological and structural mapping to produce a 3-dimensional interpretation of
the distribution of silver-zinc-lead mineralization and will form the basis of a follow up drilling
program at Gumsberg.
EXPLORATION AT BURFJORD COPPER GOLD PROJECT, NORWAY
Norden Crown, together with partner Boliden, recently completed a Phase I diamond drill
program and a 21.5 line-kilometre ground-based TEM survey at Burfjord. Phase II of a previously
announced UAV magnetic survey1 is planned for Q4 2021. Previous drilling by Norden Crown2 at
Burfjord returned compelling results including an intercept of 32 metres averaging 0.56% copper
and 0.26 g/t gold (including 3.46 metres of 4.31% copper and 2.22 g/t gold) at shallow depths
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below a cluster of historic mine workings3,4. Historical drilling at Burfjord (Cedarsgruvan) was
reported to have returned 7.0 metres averaging 3.6% copper5.
Burfjord Diamond Drilling
A total of 9 holes (2,208.7 metres) have been drilled at Burfjord to test high priority Iron Oxide
Copper Gold (“IOCG”) targets located within the highly copper-gold anomalous Burfjord Anticline
(Figure 1). Diamond drilling was focused on lithological, structural, geochemical and geophysical
targets with the objective of determining the upside copper-gold potential of the Burfjord
Project. Drilling was completed to an average depth of 245 metres and geochemical results are
expected in the coming weeks.
Burfjord Time Domain Electromagnetic Geophysics
Norden Crown engaged GRM Geophysics (Finland) to conduct approximately 21.5 line-kilometres
of TEM geophysics at Burfjord. The survey includes one loop and expands coverage of the TEM
data collected in 20201, which identified a high-priority conductor measuring 1,900 metres
between copper targets at Gamlegruvan and A-Gruva (Figure 1). TEM geophysics at Burfjord is
used to identify conductive materials including inter-connected sulphide minerals such as
chalcopyrite. Conductive anomalies identified using TEM geophysics are used to increase
confidence in previously identified lithological, structural and geochemical targets (Figure 1).
Furthermore, resistivity and conductivity data obtained from the TEM survey will enhance
Norden Crown's geological interpretations and will be used to track copper and gold associated
sulphide mineralization at depth and to increase confidence in the planned exploration drilling
targets. Results of this recent TEM survey are expected in the coming weeks.
Burfjord Joint Venture Terms
Norden Crown entered into an option agreement (the “Agreement”) with Boliden in respect to
Burfjord6. In order to earn a 51% interest in the Project, Boliden must fund 100% of the
exploration programs by spending US$6 Million within four years of the date of the Agreement.
Overview of the Burfjord Project
Burfjord, located in the Kåfjord Copper Belt near Alta, Norway, is highly prospective for IOCG and
sediment hosted copper mineral deposits. Copper-gold veins at Burfjord that were historically
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mined (pre 20th century) at reported cut-off grades of 3-5% Cu are surrounded by envelopes of
stockwork veins or disseminations of copper mineralization extending tens to hundreds of metres
laterally into the host rocks.
Figure 1. Plan map showing, geology, anomalous rock sample (copper), target locations and 2021 drill hole
locations at Burfjord.
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Norden Crown and Boliden believe this mineralization has economic potential and represents an
attractive bulk tonnage exploration target. Burfjord is comprised of six exploration licenses
totaling 5,500 hectares in the Kåfjord Copper Belt near Alta in Norway. During the nineteenth
century, copper mineralization was mined from over 30 historic mines and prospects developed
along the flanks of a prominent 4 x 6-kilometre fold (anticline) consisting of interbedded
sedimentary and volcanic rocks. Many of the rocks in the anticline are intensely hydrothermally
altered and contain sulphide mineralization.
EXPLORATION AT GUMSBERG SILVER-ZINC-LEAD, SOUTHERN SWEDEN
Ongoing 2021 exploration work at Gumsberg is focused on expanding the footprint of Broken
Hill-Type (“BHT”) mineralization intercepted at the Fredriksson Gruva historical mine workings in
March 20217. A Phase I geological mapping and sampling program has been completed and
Norden Crown is planning a high resolution magnetic geophysical survey which will be used to
trace strongly magnetic mineralization (magnetite associated) in the subsurface. Precious metal
enriched based metal mineralization at Fredriksson Gruva is spatially associated with a broader
horizon of 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. 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).
An extensive, tightly spaced high resolution ground magnetic survey is planned at Fredriksson
Gruva and is expected to commence in Q4 2021. Results from this survey will be integrated with
geological mapping and soil sampling data to generate a 3-dimensional interpretation of silver-
zinc-lead mineralization at Fredriksson Gruva and will form the basis of a follow up diamond
drilling program to test the continuity, grade and distribution of BHT mineralization.
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Figure 2. The location of the Fredriksson Gruva BHT deposit with the greater ~ 21 kilometre long BHT prospective
magnetic anomaly.
About Norden Crown
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 historical 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.
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Qualified Person
Daniel MacNeil, 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. Mr. MacNeil is Vice President Exploration for Norden Crown.
References
1 See news release dated August 5, 2021.
2 See news release dated March 20, 2019.
3 Intercept reported as seen in drill core. The true width is estimated at 85-100% of the reported
interval.
4 See news release dated March 20, 2019 for discussion of analytical methods, QA/QC and core
handling protocols.
5 Source: NGU Deposit Factsheet, Deposit Area 1943-010, 1997
6 See news release dated June 10, 2020.
7 See news release dated March 1, 2021.
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 [email protected].
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,
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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 exploration program (consisting of diamond drilling, mapping, prospecting, outcrop sampling,
airborne magnetic and ground electromagnetic geophysical surveys) and Norden Crown’s belief in the economic
potential and attractiveness of Burfjord as a bulk tonnage target as discussed herein, the dates the various segments
of the exploration program will commence, the duration of various segments of the exploration program, the
anticipated timing of the results of the exploration programs described herein and the planned uses of the resulting
data. 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,] the ability of the various contracted entities to
complete their duties within the time expected by the Company; inclement weather conditions that may impede,
delay or stop all or part of the exploration program; the effects of the Covid-19 epidemic or other epidemics or
pandemics; mechanical breakdowns of equipment used in the exploration programs, changes in economic
conditions or financial markets; the ability of Norden Crown to obtain the necessary consents required to explore,
drill and develop the projects and, if obtained, to obtain such 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.