Viscaria Copper Project divested to Copperstone Resources
Divestment to Copperstone
March 2019
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to Sunstone Metals on the sale of Viscaria to Copperstone
Buyer
Copperstone (publ) is a public company traded on Nasdaq First North (Stockholm) focused on base and precious metal exploration in the vicinity of the internationally recognised mining region of the Skellefteå-field in northern Sweden
Target
Viscaria consists of a portfolio of exploitation concessions and exploration permissions in the municipality of Kiruna, Sweden. Nearly 345 km of historic drill cores (primarily in mine production phase), currently providing estimated mineral resources indicatively at 52.4 million tonnes at 1.2% copper of different classes; potentially 608,900 tons of copper