Media

Polymetallic Holding Group Seligdar (hereinafter referred to as the Holding Group, Seligdar; MOEX: SELG) obtained a license from the Federal Subsoil Resources Management Agency on geological survey and exploration of the Fedorovskaya area within the Elkonskiy gold-uranium ore cluster situated in the Aldan district of the Republic of Sakha (Yakutia).

The process is carried out within the framework of strategic cooperation with Rosgeologia JSC to increase the mineral reserve base of the Holding Group. Seligdar's specialists are additionally awaiting a decision on obtaining a similar license for Udachnaya area, which is also located within the Elkonskiy cluster.

Development of survey and evaluation projects and projects review are scheduled for 2025. As of January 1, 2024, in accordance with the State balance of mineral reserves, the probable reserves of ore gold in the C2 category comprise 1.2 tonnes, off-balance reserves in the C2 category, 2.0 tonnes and silver reserves in the C2 category are 3.9 tonnes, off-balance reserves in the C2 category, 6.3 tonnes, in the Fedorovskaya area deposit of the Elkonskiy gold-uranium ore cluster.