Mines and Money Presentation

RNS Number : 6702R

Adriatic Metals PLC

01 July 2020

 

Adriatic Metals PLC 

('Adriatic Metals' or the 'Company')

MINES AND MONEY PRESENTATION

Adriatic Metals Plc (ASX:ADT, LON:ADT1 ) advises that the Mines & Money presentation   has been released to the Australian Securities Exchange. 

A full PDF version of the announcement is available from the Company's website: https://www.adriaticmetals.com/investors/asx-announcements/

For further information please contact:

Paul Cronin
Managing Director & CEO
[e-mail]

** ENDS **

MARKET ABUSE REGULATION DISCLOSURE

Certain information contained within this announcement is deemed by the Company (LEI: 549300OHAH2GL1DP0L61) to constitute inside ‎information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. The person ‎responsible for arranging the release of this announcement on behalf of the Company is Paul Cronin, Managing Director and CEO.

ABOUT ADRIATIC METALS

Adriatic Metals Plc (ASX:ADT, LON:ADT1) is a precious and base metals explorer and developer that owns the world-class advanced polymetallic Vares project in Bosnia & Herzegovina.

The Vares project consists of two high-grade polymetallic deposits, located at Rupice and Veovaca. Bosnia & Herzegovina is well-positioned in central Europe and boasts a strong mining history, pro-mining environment, highly-skilled workforce as well as extensive existing infrastructure and logistics.

The Vares project's captivating economics and impressive resource inventory have attracted Adriatic's highly experienced team, which is expediting exploration efforts to expand the current JORC resource. Results of a recent scoping study indicate an NPV8 of US$917 million and IRR of 107%. Leveraging its first-mover advantage, Adriatic is rapidly advancing the project into the development phase and through to production.

For further information please visit  www.adriaticmetals.com , @AdriaticMetals on Twitter, 

or contact:

Adriatic Metals Plc	Tel: [phone]
Paul Cronin / Emma Chetwynd Stapylton
Tavistock Communications Charles Vivien, Edward Lee, Gareth Tredway	Tel: [phone]

 

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