REG - Atalaya Mining PLC - Filing of Proyecto Masa Valverde Technical Report

Atalaya MiningAnnouncement

18/05/2022 07:00

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RNS Number : 8570L  Atalaya Mining PLC  18 May 2022

18 May 2022

Atalaya Mining Plc.

("Atalaya" or "the Company")

Filing of Proyecto Masa Valverde Technical Report

New Mineral Resource Estimate included significant increase in tonnage and
contained copper

 

Atalaya Mining Plc (AIM: ATYM, TSX: AYM) is pleased to announce the filing of
a technical report ("Technical Report") for its 100% owned Proyecto Masa
Valverde ("PMV"), which supports the increased Mineral Resource Estimate
("MRE") that was announced by the Company on 5 April 2022.

PMV is located in the Iberian Pyrite Belt of southern Spain approximately 28
km to the south of Atalaya's 15 Mtpa processing plant at Proyecto Riotinto.
PMV consists of two mineralisation zones, Masa Valverde and Majadales, which
are 1 km apart. As previously announced, the MRE represented a significant
increase in tonnage and contained copper, silver and gold versus the prior
estimate, with increases of 42%, 33%, 26% and 34%, respectively.

The Technical Report is available under the Company's profile on SEDAR at
www.sedar.com (http://www.sedar.com) and on the Company's website at
www.atalayamining.com (http://www.atalayamining.com) .

 

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Axaule Shukanayeva / Max Richardson  + 44 20 3757 6882
 4C Communications          Carina Corbett                                          +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio               +44 20 7523 8000

 (NOMAD and Joint Broker)
 BMO Capital Markets        Tom Rider / Andrew Cameron                              +44 20 7236 1010

 (Joint Broker)
 Peel Hunt LLP              Ross Allister / David McKeown                           +44 20 7418 8900

 (Joint Broker)

 

About Atalaya Mining Plc

Atalaya is an AIM and TSX-listed mining and development group which produces
copper concentrates and silver by-product at its wholly owned Proyecto
Riotinto site in southwest Spain. Atalaya's current operations include the
Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has
the potential to become a centralised processing hub for ore sourced from its
wholly owned regional projects around Riotinto that include Proyecto Masa
Valverde and Proyecto Riotinto East. In addition, the Group has a phased,
earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield
copper project in the northwest of Spain. For further information, visit
www.atalayamining.com (http://www.atalayamining.com)

 

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