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.





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