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Montserrat

Variscan Mines (ASX:VAR) has reported that drilling has commenced at the former operational Udias Mine, situated within the Novales-Udias Project, located in Cantabria, northern Spain.  

➡ Underground drilling has commenced at Udias Mine; which has previously been untested by Variscan 

➡ Udias Mine offers substantial brownfield opportunity; on strike and connected to San Jose Mine  

➡ Priority drill targets were defined utilizing assays from historic underground face-sampling and drilling which show very high-grade zinc-lead results & confirm mineralization outside of the current Mineral Resource Estimate footprint.    

Variscan’s Managing Director & CEO, Stewart Dickson said: “We are very excited to be drill-testing the Udias Mine complex for the first time. We do so with confidence as results from historical face sampling and drilling show excellent grades most of which are outside the existing Mineral Resource Estimate model. With the commencement of drilling, we are poised to unlock further value from one of the highest-grade, development stage zinc deposits in Europe, as we continue to make progress towards re-starting production.”

Variscan Mines (ASX:VAR) underground drilling campaign commenced at Udias Mine