Beowulf Mining Starts Infill Drilling at Sweden's Kallak Project

03:48 AM EDT, 07/15/2026 (MT Newswires) -- Beowulf Mining (BEM.L), alongside its subsidiary Jokkmokk Iron Mines, began a seven-hole, 1,000-meter infill drilling program at its Kallak iron ore project in northern Sweden. The program is focused on the northern section of the Kallak North deposit and is intended to convert near-surface inferred resources to measured and indicated categories. The results are expected to support a future mineral resource estimate update and the project's pre-feasibility study. The company plans to extend the campaign to about 1,500 meters, subject to completion of its recently announced financing.