Welcome to our dedicated page for Denarius Silver news (Ticker: DNRSF), a resource for investors and traders seeking the latest updates and insights on Denarius Silver stock.
Denarius Silver Corp. (DNRSF) is a Canadian mining company advancing high-grade polymetallic projects in Colombia and Spain. This page aggregates official press releases and verified news about operational milestones, resource estimates, and strategic initiatives.
Investors and industry observers will find timely updates on drilling results, financing arrangements, and partnership developments with global commodity leaders. The curated collection includes earnings announcements, project feasibility studies, and operational progress across key assets like the Zancudo and Aguablanca projects.
All materials adhere to NI 43-101 standards and reflect the company's focus on precious/base metal exploration and strategic financing through partners like Trafigura. Content is organized chronologically for efficient tracking of material events.
Bookmark this page for direct access to DNRSF's official communications, including resource estimate updates, offtake agreements, and corporate governance announcements. Check regularly for developments impacting the company's position in global mining markets.
Denarius Metals Corp. (OTCQB: DNRSF) has completed its maiden Mineral Resource estimate (MRE) for the Zancudo Project in Colombia. The estimate, prepared by SRK Consulting, reveals Inferred Resources of 2.8 million tonnes at a grade of 6.5 g/t gold and 112 g/t silver, totaling 576,000 ounces of gold and 10 million ounces of silver. The project aims for near-term production with local contract miners while focusing on exploration for long-term growth. Denarius also terminated the Guia Antigua license agreement with Aris Mining, securing approximately US$2.2 million to fund initial investments in Zancudo, including infrastructure improvements.
Denarius Metals Corp. reported its unaudited interim financial results for the three and nine months ending September 30, 2022. The company incurred a net loss of $0.7 million ($0.03 per share) for Q3 2022, and $2.3 million ($0.11 per share) for the nine months, significantly improved from a loss of $23.4 million in the same period last year. A total of $7 million was spent on exploration, mainly at the Lomero Project. Denarius has an initial mineral resource estimate of 10.66 million tonnes at the Lomero Project and requires additional capital for further operations.
Denarius Metals Corp. has entered a definitive option agreement with Europa Metals Ltd. to acquire up to an 80% interest in the Toral Zn-Pb-Ag Project in Spain. The first phase allows Denarius to acquire a 51% equity interest by investing $4 million over three years, including a mining license application by July 31, 2023. A second option permits acquiring an additional 29% interest post a prefeasibility study for $2 million. Denarius will also pay a $300,000 finder's fee through the issuance of shares. The project shows promise due to its location in a historically rich mining area.
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