REG-Altyn Plc Expansion of the Tailing Storage Facility at Sekisovskoye Gold Processing Plant

AltyngoldAnnouncement

13/10/2020 07:00

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Expansion of the Tailing Storage Facility at Sekisovskoye Gold Processing
Plant

 

Altyn Plc

("Altyn" or the "Company")

Expansion of the Tailing Storage Facility at Sekisovskoye Gold Processing
Plant

The design of the construction of section IV of tailing storage facility (TSF)
at Sekisovskoye gold processing plant is nearing completion as of October
2020. The construction work is planned to start in Q2 2021 as soon as the
required permits and approvals from state supervision authorities are
obtained. As such, an additional storage facility will be built for stowing
over 1.0 mln m3 of tailing solids, which should allow uninterruptible
operation of the gold processing plant until 2024.

Furthermore, preliminary design work on the construction of section V of TSF
has commenced. It is expected that this will be commissioned in 2023 which
will ensure the continuity in operation of the gold processing plant after
2024.

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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.altyn.uk&esheet=52304965&newsitemid=20201012005734&lan=en-US&anchor=www.altyn.uk&index=1&md5=9aef560d561013e8d794e913026f2f8e)



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Altyn Plc


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