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Adriatic to elevate Balkan adventure in 2021

After a year of solid progress including delivery of a prefeasibility study pointing to strong returns from its flagship polymetallic project near Vares in Bosnia & Herzegovina, the challenge now for Adriatic Metals is getting a new mine off the ground in the next 18 months.

Adriatic to elevate Balkan adventure in 2021 Adriatic to elevate Balkan adventure in 2021 Adriatic to elevate Balkan adventure in 2021 Adriatic to elevate Balkan adventure in 2021 Adriatic to elevate Balkan adventure in 2021

Adriatic Metals' Veovaca deposit, part of its Vares project, located 50km north from Sarajevo

Adriatic's Rupice PFS pointed to an IRR of 113% and annual EBITDA of US$251 million over the first five years.
 
The company is hoping to kick off construction by July next year.

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