ALTYN PLC: Drilling rig delivery
May 26 2020 - 2:00AM
UK Regulatory
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)
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