Rathdowney Resources Ltd. announced that its 2020 focus will be exclusively on securing a mining license for the Project Olza zinc-lead-silver project in Poland. This strategic shift includes the departure of President and CEO Dick Whittington, with David Copeland serving as interim CEO.
Rathdowney Resources provided an update on Project Olza in Poland, highlighting an increased NPV of US$219 million when applying a 5% discount rate. The company has completed the second phase of required geological documentation for its mining license application and maintains an Inferred resource of 24 Mt at 7.02% Zn-Pb.
Rathdowney Resources announced its AGM results and a new two-year strategic plan focused on securing a mining license for the Olza project in Poland. The company highlighted its current inferred resource of 24 Mt at 7.02% Zn+Pb and provided a new Exploration Target Range of 54-92 Mt.
