Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh (AU:ADT) has released an update.
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Adriatic Metals PLC has announced significant progress in their operations, including the production ramp-up at the Vares Silver Operation, with expected nameplate production by Q4 2024. The company produced and sold over 250 dmt of silver-lead and over 120 dmt of zinc concentrate in Q2, while also transitioning to an owner-operator model for Rupice Mine. Despite a ruling by the Constitutional Court, which delayed expansion plans, Adriatic Metals remains on track for its production goals with work on alternative tailings storage facilities.
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