Dundee Corp T.DC.A

Alternate Symbol(s): DDEJF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include mining investments, mining services, and corporate and others. Its asset base includes investments in precious and base metals projects across four continents. Its subsidiaries include Dundee Sustainable Technologies Inc. (Dundee Technologies), Dundee Resources Limited, and Goodman & Company, Investment Counsel Inc. The Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. Through the development of its patented processes, the GlassLock Process and the CLEVR Process, Dundee Technologies extracts precious and base metals from ores and concentrates, while stabilizing contaminants such as arsenic.

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Dundee Corp

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Post by zack50on Mar 30, 2021 8:54am

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Post# 32904700

Dundee Corporation still owns about 20% I believe!

Dundee Precious Metals Extends Life of Chelopech mine in Bulgaria

30 Mar 2021 08:18 ET

08:18 AM EDT, 03/30/2021 (MT Newswires) -- Dundee Precious Metals Inc. (DPM.TO) said Tuesday that the life of the Chelopech mine in Bulgaria was extended to 2029 after an updated resource estimate outlined an increase in proven and probable reserves.

The mine now hosts 18.6 million tonnes of proven and probable reserves grading 2.89 g/t gold, 7.73 g/t silver and 0.84% copper for 1.7 million ounces of gold, 4.6 million ounces of silver and 344.4 million pounds of copper.

Measured and indicated resources totaled 17.4 million tonnes grading 2.63 g/t gold, 8.71 g/t silver and 0.82% copper for 1.5 million ounces of gold, 4.9 million ounces of silver and 315 million pounds of copper.

In 2021, Dundee plans to continue extending the mine life through 44,000 meters of in-mine drilling and 38,000 meters of brownfield exploration. The company set aside an exploration budget of $13 million to $15 million for the year, with 50% allocated for Chelopech.

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