Adriatic scopes out attractive-looking Vares numbers

SANDFIRE Resources-backed Adriatic Metals will need to find in the order of US$180 million to develop a zinc-silver-lead project in Bosnia & Herzegovina, with the metrics for the Vares project delivering attractive headline numbers in scoping work.

Adriatic scopes out attractive-looking Vares numbers Adriatic scopes out attractive-looking Vares numbers Adriatic scopes out attractive-looking Vares numbers Adriatic scopes out attractive-looking Vares numbers Adriatic scopes out attractive-looking Vares numbers

Scoping numbers for Vares look very nice

Those metrics include a post-tax net present value of $916 million (using an 8% discount rate), and an internal rate of return of 107%.

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