ALMAR has extended exploration licenses at the Beenchime and Khatystakh sites until 2025

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AK&M 06 February 2023 18:18

ALMAR has extended the validity of licenses for geological exploration of the Beenchime and Khatystakh license areas, the rights to which belong to the company since 2016. This is stated in the company's message.

The terms of licenses on the Khatystakh section have been extended until May 31, 2025, and on the Beenchime section - until November 31, 2025.

In accordance with the development plan, ALMAR consistently performs exploration volumes provided for by geological projects and ensures sustainable development of subsurface areas.

PJSC ALMAR is a resident of the Arctic zone of the Russian Federation, plans to create about 300 jobs, of which 2/3 are in the Arctic. The company's investment volume will amount to 3.5 billion rubles.