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Gorno

Location: Oltre il Cole, Lombardy Region, Italy

Project Type: Brownfield Mine Redevelopment

Company: Vedra Metals Srl

Ownership: 79% Altamin Limited (via 100% interest in Energia Minerals Italia Srl ‘EMI’) and 21% Appian Italy B.V. (‘Appian’)

Website:  www.vedrametals.com

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Overview

The Gorno project is an advanced stage brownfields mine re-development with well-defined zinc, lead and silver mineralised resources located in the Lombardy region of northern Italy. The project has a rich legacy of historic mining activity which provides significant existing infrastructure. An estimated >20km of useful primary development in place provides underground access to efficiently develop and further explore the extensive mineralisation within the project area.

 

The project is owned and operated by Vedra Metals Srl, a special purpose joint venture company established in 2022 to complete a definitive feasibility study to support a final investment decision for the financing and construction of the planned mine re-development.

 

The primary project aim is to extract and process the rich ore to meet the growing demand for high-grade, clean zinc and lead concentrates for delivery to smelters and offtake customers in Europe.

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Project Highlights

LOW-COST RESTART

Established infrastructure & logistics with well developed UG and surface access.

 

DEVELOPING GORNO

Targeting a de-risked development decision leveraging off existing technical studies.

 

REGIONAL SUPPORT

Supportive local communities and regulators in an industrialised area with extractive industries nearby.

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