November 9, 2026
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Svea Mining reports 16.4 g/t gold sample at Swedish property

Svea Mining, a Swedish exploration company, reported on 6 November that selected rock samples from its Stöverfors property in northern Sweden graded 16.4 and 9.58 grams per tonne of gold. Its first systematic field campaign covered Stöverfors and Kalvträsk, with work also carried out in the nearby Gruvkläppen area.

The campaign comprised three rounds of fieldwork in May, August and September. Stöverfors is near the Skellefteå district. The 16.4 grams per tonne sample came from a rock heap beside a former mining pit, while the 9.58 grams per tonne sample was collected near historical workings.

These were selected surface and waste-rock assays, not drilling intersections from a defined orebody. They indicate gold-bearing material but cannot reliably establish the average grade, thickness or continuity of underground mineralisation.

Field observations and targets

At Stöverfors, the team recorded 60 outcrop observations and identified a north-northeast-trending geological structure associated with quartz and arsenopyrite veins. It also found three old drillhole casings, suggesting the high-grade zone had been tested previously. Assay results are pending for further samples from Stöverfors and Gruvkläppen.

At Kalvträsk, work focused on tracing historical gold-bearing boulders to a possible bedrock source. A sample from the apparent remains of one boulder returned 0.425 grams per tonne of gold and more than 1% arsenic. Svea investigated 31 till-sampling locations to refine targets beneath glacial cover.

Next exploration decisions

The properties are in a mature mining region with established geological expertise. Gold associated with arsenopyrite can require careful metallurgical assessment, and individual high-grade samples cannot be extrapolated across a wider geological structure.

Svea’s next step is to combine outstanding laboratory results with field mapping and historic records before deciding where to undertake more focused exploration. The project has no declared mineral resource or mine development decision; its commercial significance depends on demonstrating continuous mineralisation in bedrock.

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