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Company Information for Northland Resources Inc

Company stock charts - 12 Month chart

Exchange TSX.V; NAU


View full financial data

Company Statement

Northland Resources is a well financed Vancouver based junior focused on exploring and developing quality iron, copper and gold projects in Sweden and Finland. The Company aims to establish itself as a mining company with iron, copper and gold production on the doorstep of the major industrial manufacturing regions of Europe Northland's senior management have been involved in the discovery and/or construction of at least 8 mines. They are backed by a team that has raised over $100m in equity financings over the last 3 years. Aggressive exploration programs are currently underway on a portfolio of high priority iron-copper-gold targets in Lappland, straddling the border between Sweden and Finland, and at the Barsele gold project in Sweden.


Current Operations

Northland's iron, copper and gold properties are located in the mining-friendly countries of Sweden and Finland. Both countries offer political stability, superior technology, and established mining environments. The region has a long history of mining, and the Geologic Surveys of both countries make their extensive databases and drill core archives available to exploration companies.
Sweden and Finland are major mineral suppliers to Europe, and a modern and efficient shipping infrastructure is well-established via roads, rail and water. Swedish iron ore is significantly cheaper for European consumers due to lower shipping costs compared to southern hemisphere iron ore imports.

Sweeden
 - Barsele - rapidly growing gold resource
 - Stora Sahaavara - advanced project with significant iron ore resource
 - Lannavaara and Saarijarvi - numerous early stage IOCG targets
 - Tapuli - advanced drill project moving to resource estimation

Finland
 - Hannukainen - former producer with expansion potential
 - Rautuvaara - former underground mine with numerous expansion targets


Geographical Spread

Sweden and Finland


Board of Directors and Key Management

Arden (Buck) Morrow B.Sc. President and Director
Stuart Pettifor Director
Birger Solberg Director
Tuomo Mäkelä Director
Nicholas Glass, LI.B Director

William S. Wagener COO
Allen Gordon Vice-President, Mine Development and Operations
Paul Marsden Vice-President, Metallurgical Development and Operations
Simon T. Ridgway Chairman & Director
Ralph Rushton Investor Relations & Director
Dr. Vladimir Benes Vice-President, Explorations
Aurelian Bukatko CFO
Dr Hardy Lindroos Regional Director of Exploration

Company Address

Suite 830
355 Burrard Street
Vancouver, V6C 2G8

Telephone:604 408 7965
Facsimile:604 662 8829
Website:http://www.northlandresourcesinc.com

Additional Address/Key Contact

Toll Free: 1-866-719-8962

Capital

ISSUED CAPITAL: 108,725,565
FULLY DILUTED: 117,878,565

Annual General Meeting

Vancouver, Canada

Year End

January 31

Broker/Analyst Reports

27/02/07 - Pareto Private Equity ASA

Major Shareholders

NameShares% ownership
1MinMet (Isle of Man) Limited3,000,0005.44%
2Credit Suisse Securities (nominee)2,871,4435.20%
3Odin Norden2,258,3074.09%
4SEB London (nominee)2,052,2083.72%
5Goldman Sachs International1,900,0003.44%
6UBS AG, London Branch (nominee)1,636,0002.97%
7Marathon Resource Partners I LP1,500,0002.72%
8Skagen Kon-Tiki900,0001.63%
9Skagen Vekst800,0001.45%
10Nocavi AS641,7001.16%
11Gundyco555,5541.01%
12Banque de Luxembourg S.A.500,0000.91%
13Umbtru & Co. FBO OCM Gold Funds450,0000.82%
14Polesworth Investments Limited436,2420.79%
15Ridgway400,0000.72%
16Yves Gervais350,0000.63%
17Mill Street Services Ltd.350,0000.63%
18Anglo American Exploration BV Holland filial Sv.325,9800.59%
19Falkenfonds Cash & Value300,0000.54%
20Marathon Resource Partners II Precious Metals Fund LP300,0000.54%
Totals21,527,43439.02%

Related News

24/06/08 - Northland Resources Ought Now To Be Bullet Proof On Its Assumptions For Its Scandinavian Iron Ore Projects
16/01/08 - Northland Resources Could Hit Its Magnetite Targets Quite Early This Year
22/07/07 - What Next for Iron Ore Prices?
11/04/07 - Northland Resources Has A Magnetic Attraction

Most Recent Statement

05/08/08 - Northland Appoints Deborah Craig Vice President, Strategic Development
14/07/08 - Northland Begins to Outline New Open Pit Iron Resources at Pellivuoma, Sweden
09/07/08 - Pajala Municipality in Sweden Receives EU Funding to Initiate Infrastructure Planning for Northland's Projects
04/07/08 - Sweden's Deputy Prime Minister Visits Northland's Iron Projects
23/06/08 - Northland's Restates Preliminary Economic Assessment, Maintains Robust Project Valuation
18/06/08 - Northland's Iron Projects Return Robust Preliminary Economic Valuations

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