Meråker Location

Primary access to the Meråker property is via paved road, with the village of Meråker itself located within 1 km of the northeastern edge of the property. The town itself is situated directly on the E14 highway linking the city of Trondheim to Sweden; it an approximately 1 hour drive (80 km) from Meråker to Trondheim. Paved and maintained roads are present along the eastern edge of the property, allowing vehicle access to within several kilometers of the southern end of the property. Likewise, a network of unpaved roads extending south from the town of Meråker provides access to the central part of the property. Overall, the road network is such that no point on the property is more than a few kilometers from paved road access. The village of Meråker offers a limited range of services, including fuel, groceries, restaurants and hotels; it is expected that unskilled labor for any work programs can be sourced from there.

Electrical power is actively supplied along a 132 kV line to the town of Meråker by Statnett, the state-owned enterprise responsible for operating the constructing the Norwegian power grid. It is expected that the power needs of any future mining operations can be supplied by this existing infrastructure.

Concentrates could be shipped through the port of Trondheim. Passenger rail service to the village of Meråker is frequent, with several trains running daily; the journey takes approximately 1 hour and 15 minutes from Trondheim. The nearest airport is in Trondheim, with multiple daily flights to Oslo and international destinations.

The Norwegian Geological Survey is headquartered in Trondheim, and it is expected that a pool of both unskilled and skilled labor relating to the mining industry are to be found there. The property is bordered on its western side by the Skarvan og Roltdalen National Park.

Reference: 2021 Technical Report on the Meråker Project by David Swanton, M.Sc., P.Geo. dated January 26, 2021