- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Adriatic: Unanimous Approval for Concession Area Expansion at Vares Project
Adriatic said that under the terms of the concession agreement, the company now has three fields: Veovaca I and II and Rupice-Jurasevec Brestic.
Adriatic Metals (ASX:ADST) has announced that the Vares Municiple Council has approved Adriatic’s application for a major land expansion to its existing concession agreement at its Vares project in Bosnia and Herzegovina.
In its release, Adriatic said that under the terms of the concession agreement, the company now has three fields: Veovaca I and II and Rupice-Jurasevec Brestic.
As quoted in the press release:
Following the success of the exploration program that commenced in 2017, coupled with Adriatic’s historical database and recent geophysical and geochemical survey results, Adriatic applied for an expansion to the areas in its current concession agreement with the Zenica-Doboj Canton.
The extension areas include land where the company has identified a strong potential and where additional drilling could identify extensions to the known mineralization or where historical or recent data indicates the potential for new discoveries.
Adriatic is fortunate to have acquired a significant amount of historical data detailing exploration conducted in the Vares region between 1950-1990, and has been able to validate that historical work to a level of confidence that warrants the inclusion of those areas in the expanded concession application.
Click here to read the full Adriatic Metals (ASX:ADT) press release.
The Beginner’s Guide to Investing in Gold (Australia Edition)
Ready to invest in gold? Our beginner's guide makes it simple to get started.
Download your investing guide today.
Learn About Exciting Investing Opportunities in the Gold Sector
Your Newsletter Preferences
Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â
Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
Learn about our editorial policies.