ALTYN PLC: Expansion of the Tailing Storage Facility at Sekisovskoye Gold Processing Plant
October 13 2020 - 2:00AM
UK Regulatory
TIDMALTN
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
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201012005734/en/
CONTACT:
Altyn Plc
SOURCE: Altyn Plc
Copyright Business Wire 2020
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October 13, 2020 02:00 ET (06:00 GMT)
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