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 Metals Corp. reports developments tied to its precious metals and polymetallic mining portfolio in Colombia and Spain. The company is a Canadian junior mining issuer with the producing Zancudo gold-silver mine in Colombia and the Aguablanca nickel-copper project in Spain, and its securities trade on Cboe Canada under DMET and on the OTCQX Market under DNRSF.
Recurring news includes operating and financial results, annual disclosure filings, material agreements, shareholder voting and governance matters, and capital-structure updates. Company announcements also cover convertible unsecured debenture interest payments, gold premium payments, warrant exercises, and portfolio-scale initiatives across gold, silver and critical-minerals projects.
Denarius Metals Corp. (DNRSF) has announced high-grade gold and silver results from its ongoing infill drilling program at the Zancudo Project in Colombia. The program, designed to upgrade Inferred Resources to the Indicated category, has yielded significant intersections at the Los Albertos target, including:
- 22.37 g/t Au and 2,752 g/t Ag over 0.40 m (Manto Antiguo)
- 53.51 g/t Au and 154 g/t Ag over 0.40 m (Ortiz Vein System)
- 37.60 g/t Au and 1,190 g/t Ag over 0.40 m (Ortiz B Vein)
The results confirm high-grade mineralization on multiple structures and have delineated a NW-SE trending ore-shoot on the main Manto Antiguo structure, which remains open along strike and to the west. The drilling program, which began in April 2024, is expected to be completed in Q4 2024.
Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) has signed a long-term agreement with Boliden Commercial AB for the sale of 100% of nickel-copper concentrates from its Aguablanca Project in Spain. The initial term extends through mid-2031, with annual renewals thereafter. The concentrates will be shipped to Boliden's low-emission nickel flash smelting facilities in Harjavalta, Finland.
Additionally, Denarius Metals has completed its non-brokered private placement, issuing 8,473,332 common shares at CA$0.45 per share for total gross proceeds of CA$3,812,999.40. The company now has 74,665,084 issued and outstanding common shares. The funds will be used to support the Aguablanca Project, Zancudo Project in Colombia, and general corporate purposes.
Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) announced its Q2 and H1 2024 results. The company is advancing two mines, Zancudo in Colombia and Aguablanca in Spain, towards production within 6-12 months. Key highlights include:
- H1 2024 exploration and capital expenditures of $5.9 million, with $4.5 million for Zancudo Project.
- Zancudo Project construction progressing well, awaiting EIS approval expected in September.
- 10,000-meter infill drilling program at Zancudo commenced in April 2024.
- Aguablanca Project Pre-Feasibility Study completed, showing economic viability.
- Raised additional funding through NSR sale, offtake agreement, and private placements.
- Reported net income of $8.5 million in Q2 2024, with a net loss of $2.6 million for H1 2024.
Denarius Metals Corp. (OTCQX: DNRSF) announced the results of its Annual General and Special Meeting of Shareholders held on June 5, 2024. Shareholders owning 55.06% of the outstanding shares were represented by proxy. Key outcomes include the election of six directors, approval of KPMG LLP as auditors, and the ratification of amendments to the company's stock option plan. Additionally, ordinary resolutions were passed to designate Serafino Iacono, Aris Mining , and WS Ruffer Gold Fund as new Control Persons of the company.
Denarius Metals announced the filing of a National Instrument 43-101 compliant technical report supporting its Preliminary Feasibility Study for the Aguablanca Project in Spain. The report, effective from March 24, 2024, was prepared by Resource Development Associates. This study covers Denarius' 50% stake in the Aguablanca Nickel-Copper Mineral Deposit. Investors can access the full report on Denarius Metals' website or SEDAR+.
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