Adriatic Metals

Primary ticker: ASX:ADT
Stage of development: Exploration
Primary minerals: Lead, Zinc, Silver, Gold, Copper and Barite
Project to promote: Vares

Live financials

Adriatic Metals PLC is a UK based exploration and development company, and owner of the Vareš Mining Concession in Bosnia and Herzegovina. The project was acquired in 2017, comprising two advanced stage brownfield exploration assets Veovača and Rupice.
In July 2019, Rupice was confirmed as a high-grade polymetallic deposit with significant silver and gold credits, with 80% of the Mineral Resource in the Indicated Resources category. The Mineral Resource begins at surface and currently extends to depths of 300m, remaining open with significant potential to increase the size of the Mineral Resource.

View Research Report by Hartleys on 9 Oct 2019

Management Profile

Paul Cronin – Executive Director

Mr Cronin is a co-founder and Director of Adriatic Metals and is Managing Director of ASX listed Black Dragon Gold Corp, in addition to being a Director of TSX listed Global Atomic Corporation.

Mr Cronin has over 20 years of experience in corporate finance, investment banking, funds management, and commodity trading, with a strong European mining focus.
Previously, he was Vice President of RMB Resources, the highly successful resource investment arm of First Rand Bank and has a B.Com and MBA from the Queensland University of Technology.