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 9:19am

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Post# 35912900

Evaluation

Aris Mining, also in Colombia, with an annual production of 240,000 ounces of gold, is valued at 540 million. Zancudo alone plans to produce 70,000 ounces of gold (+1 million ounces of silver) valued at CAD 35 million. An evaluation is due at the start of production at the latest. And we're leaving Spain completely out of it for now.

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