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 has the rights to exploit the historic producing Aguablanca nickel-copper mine, including a 5,000 tpd processing plant, located in Monesterio, Extremadura, Spain, 88 km from its Lomero Project. The Company is carrying out construction activities at its 100%-owned Zancudo Project in Colombia, which includes the historic producing Independencia mine. It is also carrying out an exploration campaign on the Toral Zn-Pb-Ag Project located in the Leon Province, Northern Spain for an option to acquire up to 80% of Europa Minerals Iberia in two stages; Europa Minerals Iberia owns 100% of the Toral Project.

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Denarius Metals Corp

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Post by Marcello44on Mar 04, 2024 7:44am

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Post# 35912721

Reassessment

Assuming the final approvals are granted and both projects progress towards production, then Zancudo alone would have to be valued at a minimum of CAD 100 million (after-tax NPV $206.3, POG 1.800). We're not even talking about Aguablanca...the rating here, including Lomero, should be a lot higher. A reassessment is imminent here.

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