REG-Altyn Plc Underground mine development update

AltyngoldAnnouncement

10/03/2021 07:00

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Underground mine development update

 

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 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

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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.altyngold.uk&esheet=52393232&newsitemid=20210309005836&lan=en-US&anchor=www.altyngold.uk&index=1&md5=61ecfc79bdacee9c205de5d52761fff7)



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Altyn Plc


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