TIDMALTN 
 
 

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

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20200525005008/en/

 
    CONTACT: 

Altyn Plc

 
    SOURCE: Altyn Plc 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

May 26, 2020 02:00 ET (06:00 GMT)

Altyngold (LSE:ALTN)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Altyngold Charts.
Altyngold (LSE:ALTN)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Altyngold Charts.