Beowulf Mining starts infill drilling at Kallak iron ore project in Sweden

• Beowulf Mining launched an infill drilling campaign at its Kallak iron ore project in northern Sweden to upgrade near-surface resources.
• Initial program targets 1,000 meters across seven holes at the northern part of Kallak North to convert Inferred material to Measured and Indicated.
• First hole, KAL26008, reached 174 meters; on-site readings indicated extensive magnetite mineralization, with core sent for independent lab assays.
• Program could extend to about 1,500 meters, subject to completion of a financing announced on July 7, 2026.
• Updated assay results are expected to feed a future Mineral Resource Estimate update, aimed at supporting a pre-feasibility study.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beowulf Mining plc published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.