Grängesberg Exploration Holding AB (publ) presented the results of the completed Scoping study that indicates good conditions regarding the restart of the Dannemora mine. The study shows that it's possible to produce an iron ore concentrate with very high quality. The overall conclusion of the comprehensive study is that with the proposals on how a restart of the Dannemora mine can be carried out and with the cost calculations prepared, there are good conditions to restart the Dannemora mine and produce an iron ore concentrate, containing 67.9 % iron, that is in high demand on the market. Based on the results of the Scoping Study, and future market expectations, the conclusion is that the project should be taken to a Pre-Feasibility stage. The metallurgical test work completed during the Scoping Study clearly indicates that there is a good opportunity to increase the Fe-concentrate grade, which would further enhance the viability and sustainability of the project, with the sale of a premium product, high in demand. Much of the work carried out as part of this Scoping Study is based on information/data and knowledge gained by key individuals (now part of the Scoping Study team) who previously worked at Dannemora during the 2012-2015 period. This level of knowledge and input to the Scoping Report is invariably of a high-level and contains more detail and certainty than is normal for a Scoping Study. Golder states that large parts of the study maintain a higher level of information than is normal for an international Scoping study according to JORC 2012 and work is underway to identify the parts that need to be supplemented to achieve a Pre-feasibility status according to the JORC code. The mineral resources in the study were estimated out in accordance with JORC 2012 and carried out by M.Sc. Thomas Lindholm, GeoVista AB.