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Bullboard - Stock Discussion Forum Denarius Metals Corp N.DMET

Alternate Symbol(s):  DNRSF

Metals & Mining Industrial Metals & Minerals
Denarius Metals Corp. is a Canadian junior company engaged in the acquisition, exploration, development, and eventual operation of polymetallic mining projects in high-grade districts. It owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper-rich Iberian Pyrite Belt. It also holds a 50% interest in Rio Narcea Recursos, S.L. which... see more

NEO:DMET - Post Discussion

Denarius Metals Corp > Denarius Metals announces positive PFS
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Post by sdhaka on Apr 16, 2024 5:12pm

Denarius Metals announces positive PFS

Denarius Metals Corp.announces positive Pre-Feasibility Study (PFS) results supporting a restart of mining operations at its 50% owned Aguablanca nickel-copper project in Spain
 
FRC Opinion: Positive – The study returned an AT-NPV5% of US$83M (100% interest), and a very high AT-IRR of 213%, using US$7.3/lb nickel, and US$3.5/lb copper. Management plans to fast-track Aguablanca to production within the next 12 months. Due to surplus processing capacity at Aguablanca, DSLV can process materials from its flagship Lomero polymetallic project, expediting and reducing the cost of advancing Lomero to production. We will publish a detailed update shortly. 
 
 
*FRC provides issuer paid coverage.
*Past performance is not indicative of future results
 
 
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Denarius Metals Corp