Precious Metals

PJSC Polyus (LSE, MOEX – PLZL) (“Polyus” or the “Company”), the largest gold producer in Russia, announces that its subsidiary company LLC SL Gold (“SL Gold”) has started a 180,000 metre drilling campaign at its Sukhoi Log deposit, one of the world’s largest undeveloped gold deposits and the biggest gold greenfield project in Russia. As quoted in the press release: The campaign, which is scheduled to last two years, will provide the basis for Polyus …

PJSC Polyus (LSE, MOEX – PLZL) (“Polyus” or the “Company”), the largest gold producer in Russia, announces that its subsidiary company LLC SL Gold (“SL Gold”) has started a 180,000 metre drilling campaign at its Sukhoi Log deposit, one of the world’s largest undeveloped gold deposits and the biggest gold greenfield project in Russia.
As quoted in the press release:

The campaign, which is scheduled to last two years, will provide the basis for Polyus to update the block model for the deposit and for both Ore Reserve and Measured and Indicated Mineral Resource estimates in accordance with the JORC Code.

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