Overview

Northland Resources S.A. ( and ), also known as Northland is a publicly traded exploration and development mining company. It currently focuses on iron ore bearing properties located in the northern regions of Sweden and Finland.
The company currently has two principal projects in the development stage: the Kaunisvaara iron concentrate project in Sweden, and the Hannukainen (IOCG)

Iron oxide copper gold ore deposits

Iron oxide copper gold ore deposits are important and highly valuable concentrations of copper, gold and uranium ores hosted within iron oxide dominant gangue assemblages which share a common genetic origin....

 project in Finland. The projects are primarily located within the Pajala shear zone, in the northern Baltic Shield

Baltic Shield

The Baltic Shield is located in Fennoscandia , northwest Russia and under the Baltic Sea. The Baltic Shield is defined as the exposed Precambrian northwest segment of the East European Craton...

 (also sometimes called the Fennoscandian shield ).

Development stage projects

The Kaunisvaara Project is the Company's first development project. It is located in Sweden and is expected to be a near-term producer of high-grade iron ore concentrate, consisting of 69% Fe

Iron

Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...

. Construction on the project is well underway. Mining is expected to begin during the fourth quarter of 2012, with the first shipment of iron ore concentrate to market in the first quarter of 2013. The operation is expected to yield 5 million tonnes per year of iron ore concentrate.
Northland has pre-sold 100% of the Kaunisvaara production via off-take contracts, which will last for at least the first seven years of operation. The Company released a Definitive Feasibility Study on the Kaunisvaara Project in September 2010. The Study was updated in May of 2011.
The second development project in line is the Hannukainen project in Finland. A Definitive Feasibility Study on Hannukainen has commenced and is expected to be completed at the end of 2011.

History

• 1997: Company listed on TSX Venture Exchange as North American Gold Inc. (NAU)
• 2003: Commenced conducting business in Sweden
• 2005: Changed name to Northland Resources Inc.
• 2008: Company's shares were graduated from the TSX Venture Exchange to the TSX
• 2010: Re-domiciled under the laws of Luxembourg on January 18, 2010 and changed name to Northland Resources S.A.