LUXEMBURG, LUXEMBURG--(Marketwire - Mar 26, 2013) - Northland Resources S.A. (NAUR.OL)(NPK.F)(NAURO.ST) together with its subsidiaries, "Northland" or "the Company") announces that it will postpone its Audited Financial Statements and MD&A for the Fiscal Year ended December 31, 2012, including the Q4 results. The new release date will be announced three days prior to dissemination of the reports.
"Karl-Axel Waplan", President & CEO, Northland Resources S.A.
Northland is a producer of iron ore concentrate, with a portfolio of production, development and exploration mines and projects in northern Sweden and Finland. The first construction phase of the Kaunisvaara project is complete and production ramp-up started in November 2012. The Company produces high-grade, high-quality magnetite iron concentrate in Kaunisvaara, Sweden, where the Company will exploit two magnetite iron ore deposits, Tapuli and Sahavaara. Northland has entered into off-take contracts with three partners for the entire production from the Kaunisvaara project over the next seven to ten years. The Company is also preparing a Definitive Feasibility Study ("DFS") for its Hannukainen Iron Oxide Copper Gold ("IOCG") project in Kolari, northern Finland and for the Pellivuoma deposit, which is located 15 km from the Kaunisvaara processing plant.