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1,135.00    35.00 (3.18%)
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Spread: 15.00 (1.327%)
Market Cap: £310.23m
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Underground mine development update

10 Mar 2021 07:00

 

AltynGold Plc

("AltynGold" or the "Company")

Underground mine development update

Since the beginning of 2021, the operations at Sekisovka underground mine has been transitioning to ore breaking by small-diameter boreholes (64mm) using Boomer TID LHD drilling rigs.

The introduction of this measure in mining operations has reduced the impact of seismic factors from blasting on the stability of ore masses and host rocks, thus reducing the oversize yield and importantly, reducing the dilution of ores during stoping.

Since October 2020, the Company has seen a systematic improvement in the quality of mined ore delivered for processing. As of February 2021, at 1.75g/t there has been more than a 15% increase in the average grade of ore year on year.

Further Information:

For further information please contact:

AltynGold PlcRajinder Basra+44 (0) 207 932 2455

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

Information on the Company

AltynGold Plc (LSE:ALTN) is an exploration and development company, which is listed on the main market segment of the London Stock Exchange.

To read more about AltynGold Plc please visit our website www.altyngold.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20210309005836/en/

Copyright Business Wire 2021

Date   Source Headline
7th Dec 201211:22 amBUSOffer Update
30th Nov 20123:55 pmBUSOffer Update
23rd Nov 20124:11 pmBUSOffer by African Resources
21st Nov 20123:14 pmRNSUpdate - Recommended Cash Only Partial Offer
19th Nov 20122:30 pmBUSHolding(s) in Company
19th Nov 20129:00 amBUSHolding(s) in Company
15th Nov 20125:30 pmBUSHolding(s) in Company
12th Nov 201212:06 pmRNSDirector's Shareholding
9th Nov 20124:56 pmRNSDirector's Shareholding
2nd Nov 201212:02 pmBUSOffer by African Resources
2nd Nov 20127:07 amRNSRecommended Cash Only Partial Offer
29th Oct 20127:30 amBUSChange of Adviser
24th Oct 20123:08 pmBUSUpdate
22nd Oct 20123:41 pmBUSDirector/PDMR Shareholding
11th Oct 20127:00 amBUSProduction update
28th Sep 20121:55 pmRNSDirector Dealing
14th Sep 20121:16 pmBUSHalf-yearly Report
13th Sep 20123:18 pmBUSUpdate
29th Aug 201211:14 amBUSUpdate
12th Jul 20127:00 amBUSProduction update and appointment of Director
29th Jun 20121:56 pmBUSResult of AGM
21st Jun 201210:46 amBUSUpdate on fines
14th Jun 20123:53 pmRNSUpdate on Dore Export
14th Jun 20123:49 pmRNSDrilling Update
6th Jun 201211:32 amBUSEBRD Loan Agreement
28th May 201210:28 amBUSFinal Results
15th May 20122:57 pmBUSDrilling Update
30th Apr 20128:00 amBUSTotal Voting Rights
25th Apr 201212:21 pmBUSPotential share fraud
25th Apr 201211:58 amBUSHolding(s) in Company
20th Apr 20127:00 amBUSProduction Update
11th Apr 201210:33 amBUSHolding(s) in Company
5th Apr 20126:13 pmBUSProgress Update
22nd Feb 201210:35 amBUSHolding(s) in Company
22nd Feb 20129:20 amBUSLoan Agreement
21st Feb 201211:53 amBUSDrilling Update
17th Feb 20121:52 pmBUSResult of EGM
1st Feb 20129:41 amBUSPlacing of Shares
27th Jan 20124:43 pmBUSEBRD approval
19th Jan 20127:00 amBUSDrilling Report
16th Jan 20121:38 pmBUSProduction Update
12th Jan 20123:34 pmBUSPotential investment by EBRD - Replacement
12th Jan 201211:51 amBUSPotential investment by EBRD
29th Dec 201110:44 amBUSFine for tailings dam leak
8th Nov 20117:00 amBUSCommencement of Underground Mining
7th Nov 20114:36 pmBUSProcess Plant Update
2nd Nov 20115:20 pmBUSProcess Plant Interruption
1st Nov 20115:53 pmBUSDirector/PDMR Shareholding - Replacement
1st Nov 20114:51 pmBUSDirector/PDMR Shareholding
17th Oct 20117:00 amBUSDrilling Update

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