29 September 2025 – Sydney, Australia | Variscan Mines Limited (ASX:VAR) (“Variscan” or “the Company”) is pleased to announce the completion of a high-resolution 3D underground laser survey at the historic Udías Mine in Northern Spain. The survey marks a significant milestone in the Company’s exploration and development activity within its Novales-Udías Zinc Project.
The digital mapping has revealed over 7,500 metres of historic underground development across six levels and confirmed multiple extensions of high-grade zinc mineralisation. The survey demonstrates that the Udías and San Jose Mines are part of a single, continuous mineral system.
The 3D laser scan, performed using state-of-the-art mobile technology, provides the first accurate geospatial model of the Udías Mine’s underground workings. This model integrates historical drilling as well as face sampling data, along with current exploration results and is expected to directly inform future drill targeting, mine planning, and Mineral Resource Estimate (MRE) updates.
The survey area remains open toward the south-east, where further historic workings (including Los Llagos, La Rasa, and Duña) are located.
Variscan expects the following developments in the coming quarter:
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Further assay results from the ongoing drilling program at Udías
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Results from metallurgical and geotechnical testing to inform the Mine Re-Start (Scoping) Study
Publication of the Mine Re-Start (Scoping) Study
About us:
About Variscan Mines Limited (ASX:VAR)
Variscan Mines Limited is focused on high-grade zinc assets in Europe with a clear strategy to deliver near-term production. Its flagship Novales-Udías Project in northern Spain includes the historic San Jose and Udías Mines and offers strong exploration upside. The Company is actively progressing development toward restarting production, supported by infrastructure, permitting advantages, and historic high-grade zinc output.
For more information, visit: www.variscan.com.au
Contact details:
Jane Morgan
Jane Morgan Management
Investor & Media Relations
[email protected]
