SCANDINAVIAN MINERALS LIMITED

Scandinavian Minerals Limited (“Scandinavian Minerals”), formerly named Scandinavian Gold Limited, is a Canadian public company listed on the Toronto Stock Exchange under the symbol SGL. Its corporate objective is the exploration and development of base and precious metal properties in northern Europe, with emphasis on Finland.

Scandinavian Mineral's current focus is the development of the Kevitsa nickel-copper-PGE (Platinum Group Elements) project in northern Finland.

Keivitsa nickel-copper-PGE
One of the largest mineral discoveries in Finland's history, the development-stage Kevitsa property hosts a measured and indicated resource of 287 million tons at a 0.1% nickel cutoff, together with a further 544 million ton inferred resource. Kevitsa is one of the world’s major undeveloped nickel sulphide deposits and is situated in an area of excellent infrastructure.

In July 2006 Scandinavian Minerals announced the completion of a positive pre-feasibility study examining the economics of an open pit mining operation, mining 4.5 million tons of ore per year, with production of smelter-grade nickel and copper concentrates.