Click here to read a news item about further resource upgrade in the Rönnbäcken nickel project, published in Mining Journal – 2012-01-27

IGE Resources AB (OSE: IGE) is pleased to announce a significant upgrade of Mineral
Resources at the Rönnbäcken Nickel Project (the Project). The latest Mineral Resource
Estimate incorporates down-dip extension drilling at the Rönnbäcknäset deposit and has
resulted in a conversion of 86.5 million tonnes (Mt) from the Inferred to the Indicated category.
Further, an additional 8 Mt of Indicated plus 12 Mt of Inferred were defined at Rönnbäcknäset
as a result of this drilling campaign. SRK Consulting (Sweden) AB (SRK) prepared the Mineral
Resource Statement on behalf of Nickel Mountain Resources AB (publ) (the Company), who
wholly own the Project. Notably, for the Project as a whole, 97% of Mineral Resources now lie
in the Measured and Indicated categories, an important milestone for the Company which now
aims to convert these Mineral Resource to Reserves, as part of the forthcoming Prefeasibility
Study (PFS). The entire Mineral Resource for the Project as a whole now includes a total of
668.3 Mt in the Measured and Indicated categories.

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Click here to read a news item about the Rönnbäcken nickel project, published in The International Resource Journal January issue 2012

Nickel Mountain Resources AB (publ), a subsidiary of IGE Resources AB (publ), submitted to the Mining Inspectorate of Sweden (“Bergsstaten”), its application for Exploitation Concession for the Sundsberget deposit at the Rönnbäcken Nickel Project.  Click here to view entire news release.

IGE Resources AB (OSE: IGE) is pleased to present assay results from drilling of the down dip extension of the Rönnbäcknäset deposit at the Rönnbäcken Nickel Project. Positive results from the five down dip drill holes confirm the continuation of the mineralization which remains open at depth. SRK has been commissioned to prepare an updated Independent resource estimate which is expected to be delivered mid-January 2012.

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Click here to view appendix to press release.

Assay results from the down dip extention drilling at the Rönnbäcknäset deposit have potential to further increase the recource.  Click here for more background info.

Raw Material Group webcast – 8th Annual Exploration & Mining Investment Conference 2010. Presentation held by Fredric Bratt (CEO) in Stockholm on November 15, 2011.

Click here to read a news item about further cost decline in the Rönnbäcken nickel project, published in Mining Journal – 2011-11-18

IGE Resources AB (OSE: IGE) is pleased to announce the completion of an updated Preliminary Economic Assessment (PEA) for the Rönnbäcken Nickel Project, incorporating a high-grade magnetite iron concentrate by-product from nickel flotation tailings. The update of the PEA includes additional results to those reported in the press release of October 11, 2011. A higher magnetite recovery of 90% along with reduced magnetite processing costs have raised the estimated pre-tax Net Present Value (NPV) of the Rönnbäcken Nickel Project by US$226 million to US$1,045 million at SRK’s base case nickel price of a $9.00/lb (US$19,800/tonne), and reduced the C1 cash cost from $4.10/lb (US$9,034/tonne) to $3.55/lb (US$7,826/tonne) of nickel.

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Click here to read a news item about the Sundsberget resource increase of 60%, published in Mining Journal – 2011-11-04