The Vares Project contains two advanced exploration deposits, Veovaca and Rupice, which have previously been mined for Lead, Zinc and Barite. Operations ceased prior to the commencement of hostilities in the Balkans in the early 1990s. The deposits have been subject to extensive exploration, and contain significant quantities of Lead, Zinc, Silver, Gold, Copper and Barite. The precious metals were irregularly assayed during exploration, but were present in produced concentrates.
Paul Cronin, the CEO of Adriatic Metals, a company engaged in the exploration and exploitation of zinc and lead mineral resources in the municipality of Vareš, spoke about the company's past successes, challenges, and what we can expect from them in the future.
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The project for the exploration and exploitation of mineral resources has been granted the status of a project of special significance for Bosnia and Herzegovina.
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Our very own Almedina Likić made it!
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On November 9, 2022, the constitutive session of the new convocation of the PLC was held in the town hall of the Municipality of Vareš.
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SCHOLARSHIPS IN THE AMOUNT OF 100,00 KM FOR THE 10 BEST RANKED IN THE SCHOOL DIRECTION "MINER IN UNDERGROUND EXPLOITATION"
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Eric Rasmussen discussing EBRD's strategy for Bosnia and Herzegovina, why they invested in Adriatic Metals and how partnering with us contributes to their plans for the region's future.
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