Kopy Goldfields AB is a Swedish gold exploration company listed at NASDAQ in Stockholm. The Company has some 4,700 shareholders. The company operates in Irkutsk and Amur regions of Russia. The Company holds 8 bedrock and 3 alluvial exploration and production licenses covering total 2,248 sq km. Total resource base under JORC is 1.8 Moz.
Key project of the Company is “Krasny”, which was discovered in 2011 and has been developed since 2014 as a JV with GV Gold. Krasny has 1.8 Moz of Inferred and Indicated resources. During recent years, an exploration program of >80,000 meters core drilling was completed incl resource reporting in accordance with JORC and GKZ.
In addition to Krasny, the Company holds 12 licenses, grouped into two gold exploration projects –Maly Patom, a highly prospective greenfield project with an area of 1,941 sq km, and a new Amur project with 104 sq. km.