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ALTYNGOLD PLC

Regulatory Filings Oct 7, 2020

4922_rns_2020-10-07_db50d2e8-45b0-4ed1-813c-f2d57c730131.html

Regulatory Filings

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National Storage Mechanism | Additional information

Infrastructure development of the Sekisovskoye underground mine

In line with its continued development drive, Altyn is pleased to announce the purchase and commissioning of the following equipment in Q3 2020:

  • Korfmann AL18-2500 ventilator with a capacity of 100 m3/s;
  • Lupamat LKV250 compressors, each compressor with a capacity of 45m3/min; and
  • CFO flower heaters -100.

With the following equipment in place in Q3 2020, Altyn has commenced constructing the main ventilation unit with a warm air blower heater and compressor unit 6kV O/H line. This will allow the construction of transport declines No. 1 and No. 2 in order to access deeper mine horizons (up to 450 m depth) and therefore maintain the positive momentum in ore production

Further Information:

For further information please contact:

Altyn Plc

Rajinder Basra

+44 (0) 207 932 2455

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

Information on the Company

Altyn Plc (LSE:ALTN) is an exploration and development company, which is listed on the main market segment of the London Stock Exchange.

To read more about Altyn Plc please visit our website www.altyn.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20201006005903/en/

Altyn Plc

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