The Vares Project - Bosnia

2020 Vares Project Pre-Feasibility Study

The Pre-Feasiblity Study for The Vares Project was released
on 15th October 2020.


Vares Project Geology and Regional Prospects

The Vares Project consists of 42km2 of highly prospective concession area, which contains a number of regional targets.


Veovaca Deposit

The Veovaca Project is an historic open cut zinc, lead, barite and silver mine which operated between 1983 and 1987, and ultimately shut down due to emerging hostilities in the region.


The Vares Project Overview

The Exploration Concession covers two main advanced polymetallic projects located near the town of Vareš, which is approximately 50km north by sealed road from Sarajevo, the capital city of Bosnia & Herzegovina.


Vares Project Resource Estimates

Resource estimate announcements for the Rupice and Veovaca deposits


Rupice Deposit

The Rupice Project is an advanced exploration project which exhibits exceptionally high grades of base and precious metals and is located approximately 12km North West of the Veovaca Project.


2019 Vares Project Scoping Study

This Scoping Study assesses the potential viability of running an underground mining operation at Rupice followed by an open-pit operation at Veovaca, with all mined material being centrally processed on the site of the derelict processing plant at Veovaca, which will be cleared for construction of a new processing plant.


Metallurgical Testwork Results

Metallurgical test-work confirms excellent metallurgical recoveries and concentrate grades from representative samples collected across the Rupice and Veovaca deposits.


Bosnia and Herzegovina Facts

Adriatic’s flagship operation in full swing in a new modern-day jurisdiction


Project History

The Vares silver project consists of two high-grade polymetallic deposits, located at Rupice and Veovaca.