DENARIUS METALS FILES NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT FOR ITS ZANCUDO PROJECT IN COLOMBIA

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Denarius Metals (OTCQX: DNRSF) filed a National Instrument 43-101 technical report supporting an updated Mineral Resource estimate for its 100%‑owned Zancudo Project in Titiribí, Antioquia, Colombia.

The report, titled Technical Report for the Zancudo Gold‑Silver Mineral Deposit, has an effective date of October 31, 2025, was prepared by Resource Development Associates, and supports disclosures made on November 3, 2025. The report is available on the company website and on SEDAR+.

TORONTO, Dec. 18, 2025 /PRNewswire/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the filing of a National Instrument 43-101 – Standards of Disclosure for Mineral Projects compliant technical report in support of the updated Mineral Resource estimate for its 100%-owned Zancudo Project in Colombia. The technical report, entitled "Technical Report for the Zancudo Gold-Silver Mineral Deposit, Municipality of Titiribí, Department of Antioquia, Republic of Colombia, South America" with an effective date of October 31, 2025, was prepared by Resource Development Associates and supports the disclosures made by the Company in its news release dated November 3, 2025. The technical report can be found on the Company's website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Market in the United States under the symbol "DNRSF".

In Colombia, Denarius Metals commenced mining operations in the second quarter of 2025 at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

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SOURCE Denarius Metals Corp.

FAQ

What did Denarius Metals (DNRSF) file on December 18, 2025 about Zancudo?

Denarius Metals filed a NI 43‑101 technical report supporting an updated Mineral Resource estimate for the Zancudo project, effective October 31, 2025.

Who prepared the Zancudo technical report for DNRSF and what is the effective date?

The report was prepared by Resource Development Associates and has an effective date of October 31, 2025.

Where can investors access Denarius Metals' Zancudo NI 43-101 report (DNRSF)?

The report is available on Denarius Metals' website and on SEDAR+ at www.sedarplus.ca.

Does the Zancudo technical report (DNRSF) change the company disclosures made on November 3, 2025?

The technical report is filed to support the company's updated Mineral Resource estimate and the disclosures dated November 3, 2025.

What type of disclosure standard does the Zancudo report comply with for DNRSF?

The report complies with National Instrument 43‑101, the Canadian standard for mineral project disclosure.