Construction of the Talitsky mine underground and surface facilities, as well as external engineering network and line infrastructure

Exploration of the VPMSD East Talitsky area completed; two vertical shafts in frozen rock drilled.

Construction of temporary buildings and structures for two vertical shafts sinking

The Talitsky mine construction design developed; approval from the state expert review board obtained; Talitsky mineral resources and ore reserves assessed under revised 2012 JORC Code

Mineral reserves evaluated under JORC code; the feasibility study to evaluate subsurface conditions and estimate ore reserves approved by the Russian State Commission for Mineral Reserves (Rosnedra)

The subsoil licence for the Talitsky area obtained; geologic exploration and preliminary study of main construction solutions for the Talitsky mine performed