Belvedere Resources Limited (Belvedere) is focused on exploring and developing nickel and gold projects in Finland. The produced approximately 2,200 tons of nickel in concentrate per annum. In addition, the Company has a portfolio of gold properties in close proximity to the mill and in other areas of Finland which are rapidly being moved down the development pipeline towards production. The Kopsa project is the satellite gold projects that Belvedere is developing with the intention of processing through their 100% owned nearby Hitura mill. Kopsa lies only 13 kilometers from the mill. Its properties include Hitura Nickel Mine, Kopsa Gold Property, Antikanpera Gold Property and Rantasalmi Gold. A drilling programme that consisted of 15 holes over 1,670 meters was completed on the Osikonmaki East deposit.