Västervik

Geologically exciting district whose potential has only just been scratched on the surface

11

number of licenses

2,777

area in hectares

The Västervik district is Crustal's priority and includes Gladhammar as well as several nearby target areas in the Västervik area. The district provides the company with a regional position around an identified mineralisation, where existing deposits can be evaluated and new target areas can be prioritised within the same overall geological environment.

Geologically, Västervik constitutes a coherent environment with documented mineralisation of gold, silver, copper, and other strategic metals, among others. The core is Gladhammar, where the identified gold deposit serves as a technical reference point for the district. Around this, there are additional mineralised zones, historical mining environments, and geophysical anomalies that together point to a broader exploration system rather than a single isolated target.

Crustal's exploration model is based on combining historical data with new field information. The work focuses on understanding how the mineralisation occurs along strike, at depth, and in parallel structures, as well as how magnetic anomalies, historic mining environments, and sampling results relate to one another. Through geophysics, sampling, analysis of historical drill core material, and stepwise target prioritisation, the company can build a more robust technical foundation for future drilling and continued project development.

Licenses

Licenses

Type

Type

Area (ha)

Area (ha)

To

To

Municipality

Municipality

Owner

Owner

Gladhammar K nr 1

Exploitation concession

8

Västervik

Crustal Westbay AB

Gladhammar K nr 1

Type

Exploitation concession

Area (ha)

8

To

Municipality

Västervik

Owner

Crustal Westbay AB

Gladhammar nr 100

Exploration license

1

Västervik

Crustal Westbay AB

Gladhammar nr 100

Type

Exploration license

Area (ha)

1

To

Municipality

Västervik

Owner

Crustal Westbay AB

Gladhammar nr 101

Exploration license

152

Västervik

Crustal Westbay AB

Gladhammar nr 101

Type

Exploration license

Area (ha)

152

To

Municipality

Västervik

Owner

Crustal Westbay AB

Gladhammar nr 104

Exploration license

535

Västervik

Crustal Westbay AB

Gladhammar nr 104

Type

Exploration license

Area (ha)

535

To

Municipality

Västervik

Owner

Crustal Westbay AB

Fårhult nr 101

Exploration license

132

Västervik

Crustal Exploration AB

Fårhult nr 101

Type

Exploration license

Area (ha)

132

To

Municipality

Västervik

Owner

Crustal Exploration AB

Kyrksjön nr 101

Exploration license

234

Västervik

Crustal Exploration AB

Kyrksjön nr 101

Type

Exploration license

Area (ha)

234

To

Municipality

Västervik

Owner

Crustal Exploration AB

Lebo nr 101

Exploration license

152

Västervik

Crustal Exploration AB

Lebo nr 101

Type

Exploration license

Area (ha)

152

To

Municipality

Västervik

Owner

Crustal Exploration AB

Lebo nr 102

Exploration license

483

Västervik

Crustal Exploration AB

Lebo nr 102

Type

Exploration license

Area (ha)

483

To

Municipality

Västervik

Owner

Crustal Exploration AB

Marieborg nr 101

Exploration license

514

Västervik

Crustal Exploration AB

Marieborg nr 101

Type

Exploration license

Area (ha)

514

To

Municipality

Västervik

Owner

Crustal Exploration AB

Ringsbo nr 101

Exploration license

445

Västervik

Crustal Exploration AB

Ringsbo nr 101

Type

Exploration license

Area (ha)

445

To

Municipality

Västervik

Owner

Crustal Exploration AB

Ringsbo nr 102

Exploration license

121

Västervik

Crustal Exploration AB

Ringsbo nr 102

Type

Exploration license

Area (ha)

121

To

Municipality

Västervik

Owner

Crustal Exploration AB

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.