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Polymetal International Plc

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Summary

Project:

Prognoz

Deposit:Prognoz
Location:Russia
Commodities:Silver-Lead
Date:2/27/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Pre-Feasibility Study
Report details:27-2-2020: Polymetal International Plc announces a Resource Estimation report for its Prognoz deposit at the Prognoz project. Annual statement of mineral resources and ore reserves. Polymetal International plc announces its Ore Reserves and Mineral Resour
Resources:
CP/QP:[Resources]: Valery Tsyplakov (JSC Polymetal Engineering)
ABSTRACT:Polymetal International plc announces its Ore Reserves and Mineral Resources as at 1 January 2020 in accordance with the JORC Code (2012)1 and exploration update for the year ended 31 December 2019. “Significant growth in Ore Reserves at Kyzyl and a two-fold increase in reserves at Veduga were the key drivers behind the Group’s Ore Reserves extension”, said Vitaly Nesis, Group CEO of Polymetal. “In 2020, we will focus on reserves and resources updates at some of our key development projects and will continue exploration activities to extend the life of existing mines”.

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