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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.