Variscan Mines Limited (ASX:VAR) Reports Further Information on September 2020 Quarterly Results

Variscan Mines Limited (ASX:VAR) has recently reported the mining exploration and evaluation details concerning its September 2020 quarterly activities report released in early November. Variscan informed that the Company spent $288k on exploration activities in the September 2020 quarter, substantively all of which related to its flagship Spanish Zinc project.

These exploration activities were connected with:

  • Underground 3D survey undertaken on the Novales mine;
  • Rock chip sampling, soil geochemistry, and analysis;
  • Tenement administration, reporting and management;
  • Geological mapping;
  • Technical consulting fees; and
  • Directly-attributable corporate overheads and administration costs.

The Company further informed that no mining development or production activities were carried out during the September quarter.

Variscan shares last traded at $0.030 on 12 November 2020.

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK