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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

Metals & Mining Gold
Dundee Precious Metals Inc. is an international gold mining company. The Company assets includes Chelopech Mine, Ada Tepe Mine, Coka Rakita, Loma Larga, Tierras Coloradas and Timok. The Chelopech Mine is an underground copper-gold mine located in Bulgaria, approximately 75 kilometers east of the capital city of Sofia. The Ada Tepe Mine is a high-grade, open-pit gold mine located three kilometers south of the municipality of Krumovgrad in southern Bulgaria. The Coka Rakita prospect is located three kilometers southeast of its Timok gold project and is 100% owned by the Company. The Loma Larga is an underground development project. The Tierras Coloradas concessions consist of four exploration licenses totaling 6,955 hectares (70 square kilometer), located in the province of Loja in southern Ecuador, near the border of Peru. The Timok gold project is a sediment-hosted gold deposit located in the central-eastern region of the Republic of Serbia.


TSX:DPM - Post by User

Dundee Precious Metals Inc
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Post by Betteryear2on May 01, 2024 5:27pm
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Post# 36018290

Positive Preliminary Economic Assessment T.DPM

Positive Preliminary Economic Assessment T.DPMTORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) is pleased to announce the results of a preliminary economic assessment (“PEA”) for its oka Rakita project in Serbia. The PEA supports an underground mining operation with an 850,000 tonne per annum processing facility and an initial 10-year mine life, and highlights oka Rakita’s potential to offer meaningful production growth with attractive all-in sustaining costs and very robust economics at a $1,700 per ounce gold price assumption. Based on the positive results of the PEA, the Company is proceeding with a pre-feasibility study (“PFS”) and project permitting activities.

Dundee Precious Metals Announces Positive Preliminary (globenewswire.com)
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