Viscaria Project
Viscaria
Country Sweden 
Status ADVANCED DISCOVERY 
Latitude / Longitude 67 N 50 / 20 E 0
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Last updated on 11/15/2010 - Terms of Use
Risk and valuation analysis of the Viscaria Project
Status Risk : Advanced discovery
Country Risk : Very Low
Title(s) of the Viscaria Project
Avalon Minerals Limited
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Location of the Viscaria Project
The historic Viscaria Copper mine is located in the Norrbottens area of Northern Sweden, 4km from the 2.3 billion tonne (at 68% Fe) Kiruna mine, Sweden’s largest iron ore mine and the world’s second largest underground mine.
 
History of the Viscaria Project
The project was acquired by Phelps Dodge in 2003 after the mine had been closed and rehabilitated by Outokumpu. At the time of its closure, the spot copper price was approximately US$1.00/lb compared to a spot price of over US$3.60/lb today. Only minimal exploration and no drilling has been conducted at Viscaria since the mine closed in 1998.
 
Location
Data last updated on : 10/1/2010
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