Adriatic Metals PLC - developing Vares silver project in Bosnia & Herzegovina - Says Rupice underground mine plan "optimised", targeting the central higher-grade zones, which results in 26% increase in silver-equivalent contained metal mined during the first 24 months. Also notes demolition of the old processing plant site is nearing completion. A geotechnical drilling program to test the structural integrity of the original concrete pad has been completed, and the urban planning permit and exploitation permit for Rupice are on course to be received later this quarter.
Current stock price: 128.00 pence
Year-to-date change: up 3.2%
By Paul McGowan; paulmcgowan@alliancenews.com
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Adriatic Metal. (ADT1)