Adriatic Metals PLC (ASX: ADT & FSE: 3FN) ('Adriatic' or the 'Company') has been informed that Sandfire Resources NL relevant interest in Adriatic has increased to 28,052,232 securities (or 15.785% of all Adriatic shares) as at 2 December 2019.
ABOUT ADRIATIC METALS
Adriatic Metals PLC (ASX:ADT) ('Adriatic' or 'Company') is an ASX-listed precious and base metals explorer and developer via its 100% interest in the VareS Project in Bosnia & Herzegovina. The Project comprises a historic open cut mine at Veovaca and brownfield exploration at Rupice, an advanced proximal deposit which exhibits exceptionally high grades of base and precious metals. Adriatic's short-term aim is to expand the current JORC resource at high-grade Rupice deposit, as well as conduct exploration on a number of other prospects within the expanded Concession. Adriatic has attracted a world class team to expedite its exploration efforts and to rapidly advance the Company into the development phase and utilise its first mover advantage and strategic assets in Bosnia.
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