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Highlights
Adriatic Metals (ADT) achieves key development steps at the Vares silver project
Advancement at Raska zinc deposit underpins regional materials exposure
Operations align with benchmarks of the ASX Materials Index and ASX All Ordinaries
Operating in the materials sector under the ASX Materials Index and ASX All Ordinaries, Adriatic Metals (LSE:ADT) continues to advance its flagship Vares silver project in Bosnia & Herzegovina alongside progress at the Raska zinc deposit in Serbia.
Vares Project Development
At the Vares site, delineation of high-grade zones has proceeded through phased drilling and geological modelling. Core galleries have been extended to access mineralised veins, with ground support systems installed to maintain safe haulage routes. Geotechnical studies support ramp designs and ventilation planning, enabling efficient ore extraction workflows.
Raska Deposit Progress
In Serbia, the Raska deposit has moved from resource delineation into early stage development under the ASX Materials Index framework. Preliminary dewatering of historic workings has been completed, while access declines are under construction to reach zinc-rich lenses. Mechanical and electrical infrastructure is being mobilised to support underground services and ore handling systems.
Operational Workforce and Infrastructure
Both Bosnian and Serbian sites benefit from established mining skillsets and transport networks. A multi-disciplinary project team has been assembled, combining local expertise in underground excavation with international best practices for mine operations. Road and rail links facilitate inbound delivery of processing reagents and outbound logistics for concentrate dispatch.
Technical and Safety Standards
Adherence to international classification society guidelines has been prioritised throughout development. Structural monitoring systems track ground movement, while automated pumping stations manage inflows. Occupational health protocols include routine inspections and emergency response drills. Environmental management plans outline water treatment and waste rock placement criteria in compliance with local permitting conditions.
Financial and Regulatory Milestones
Disclosure filings under the London Stock Exchange Listing Rules have been lodged to reflect step-out drilling results and capital injection agreements. Currency hedging arrangements and warrant structures have been registered to support funding of ongoing site works. All required licences for tailings storage and processing plant expansions have been secured, ensuring alignment with corporate governance standards.
