Kopy Goldfields AB, listed at NASDAQ in Stockholm, is a gold exploration company operating in Lena Goldfields, Bodaibo, Russia. Total resource base according to JORC is 1.1 Moz. Key project is “Krasny”, a joint venture with the Russian major producer GV Gold, with 955 koz Inferred and Indicated resources @1.47 g/t (JORC) for Central part of the mineralization, still open along the strike and to the depth. Exploration and FS are ongoing and production is planned for 2019. In Addition, the Company also holds six licenses with a total area of 1,852 sq. km within the Maly Patom area of Lena Goldfields with geology and age of rock similar to Sukhoy Log, a closely located 60 Moz deposit. All licenses have long history of alluvial mining still on-going. The target is to develop this project under partnership.