Information  X 
Enter a valid email address

Altyn Plc (ALTN)

  Print      Mail a friend       Annual reports

Tuesday 26 May, 2020

Altyn Plc

Drilling rig delivery

Drilling rig delivery

Altyn Plc

 

26 May 2020

Altyn Plc

("Altyn" or the "Company")

Drilling rig delivery

Altyn is pleased to announce the delivery of the following equipment at its Sekisovskoye mining operation.

Following the agreement with the official dealer of Epiroc AB in Kazakhstan (a Swedish mining equipment manufacturer), the Company has received its drilling rig “Boomer T1D” with a capacity of 400 metres/month. Further information and pictures showing the equipment purchased are available from https://www.epiroc.com and the Company’s website www.altyn.uk in the news section.

This equipment will accelerate the horizontal development of the Sekisovskoye deposit as well as the expansion of the underground transport declines, therefore improving access to the mining blocks and maintaining production growth momentum.

Further equipment deliveries are scheduled to arrive in the coming weeks, to include a Boomer T1D LHD long-hole production drill and Diamec U4 Smart exploration drill rig.

Further Information:

For further information please contact:

Altyn Plc
Rajinder 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

Altyn 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 Altyn Plc please visit our website www.altyn.uk


a d v e r t i s e m e n t