Euro Sun Mining Inc T.ESM

Alternate Symbol(s): CPNFF

Metals & Mining Industrial Metals & Minerals

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.

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Euro Sun Mining Inc

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Comment by urai58on Apr 17, 2019 12:56pm

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Post# 29638899

RE:RE:RE:RE:RE:RE:mooseslayer = Management by Helicopter

Ingy77 wrote: Plus 2% nsr royalty

Please read carefully and try to understand: "In addition, Yamana wants to retain a 2.0% net smelter return (NSR) royalty on future gold production from the Suruca gold deposit ..."

The Deposit Suruca has yet to be developed. The gross margin is not included in the $ 200m; that comes in addition, on top. So the 2% NSR does not have to be considered.

urai58

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