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 (OTCQX: DNRSF, Cboe CA: DMET) generates frequent news as a Canadian junior mining company advancing precious metals and polymetallic projects in Colombia and Spain. Its disclosures highlight operational milestones, project development updates, financing activities and technical reporting related to its portfolio.
News releases often focus on the Zancudo gold-silver project in Colombia, where Denarius Metals has commenced mining operations. Investors can follow announcements on early production results, shipments of material to Trafigura under a prepayment and offtake arrangement, and progress on construction of a 1,000 tonnes per day processing plant following receipt of an industrial facility permit from the local environmental authority.
Another key stream of news covers the company’s Spanish assets, including the Aguablanca nickel-copper project in Extremadura, the Lomero polymetallic project in the Iberian Pyrite Belt and the Toral zinc-lead-silver project in the Leon Province. Updates may include permitting developments, plant refurbishment work at Aguablanca, new investigation permits such as Cruzadillo near Lomero, and the design of future exploration and drilling campaigns.
Denarius Metals also issues regular releases on financing and capital structure, particularly around its convertible unsecured debentures due in 2029 and 2030. These announcements detail monthly interest payments, the number of common shares issued in lieu of cash interest, and related consent processes. In addition, the company reports on private placements, prepayment facility advances and the filing of interim financial statements and management’s discussion and analysis.
Technical and regulatory news includes NI 43-101 technical reports, updated Mineral Resource estimates for Zancudo, and commentary from independent qualified persons on geology, resource modeling and quality assurance protocols. For investors and analysts tracking DNRSF, this news page provides a centralized view of operational, financial and technical developments across Denarius Metals’ portfolio.
Denarius Metals Corp. announced an initial Inferred Mineral Resource estimate for its Lomero-Poyatos Project in southern Spain. The estimate includes 10.66 Mt at 0.45% Cu, 1.02% Zn, 0.41% Pb, 21 g/t Ag, and 2.0 g/t Au, equating to 1.59% CuEq, containing approximately 48 kt Cu and 7.4 Moz Ag. The resource is characterized by both open pit and underground mining potential. Following a successful Phase 1 drilling program with 26,000 m completed in 83 holes, Denarius plans further drilling to validate historical data and expand the resource, which remains open for exploration.
Denarius Metals Corp. (OTCQB: DNRSF) has released its unaudited interim financial results for Q2 and H1 2022. The company reported a net loss of $0.8 million for Q2 and $1.6 million for H1, significantly reduced from $3.9 million and $22.5 million, respectively, in the previous year. Denarius completed 22,543 meters of drilling at its Lomero Project, confirming geological grades and widths. It plans a Mineral Resource estimate update by Q3 2022 and an exploration campaign at its Zancudo Project following the termination of IAMGOLD's agreement. The company has a cash position of $7.5 million for future projects.
Denarius Metals announced the completion of assays for 31 drill holes totaling 8,236 meters at its Lomero-Poyatos Project in Spain. This brings the total drilling to 22,543 meters across 75 holes. Validation and infill drilling has confirmed the grades and widths from prior campaigns. Notably, drill hole LM22053 intersected significant mineralization, with 1.69% copper, 115.44 g/t silver, and 9.56 g/t gold. Additionally, geophysical surveys suggest potential for new deposits to the east and down-dip of the current site, enhancing growth prospects. A mineral resource estimate is anticipated by Q3 2022.
Denarius Metals Corp. (OTCQB: DNRSF) has filed its unaudited interim financial statements for Q1 2022, reporting a net loss of $0.8 million compared to a net loss of $18.5 million in Q1 2021. The company spent $2.1 million on exploration, mainly on its Lomero Project in Spain. As of March 31, 2022, Denarius has $11.6 million in cash, positioning it well for ongoing projects. The current drilling program is 83% complete, and metallurgical testing is set to begin in June.
Denarius Metals Corp. (TSXV: DSLV; OTCQB: DNRSF) reported its audited financial results for the year ending December 31, 2021. The company recorded a net loss of $25.4 million ($0.16 per share) for the year, compared to a loss of $85,000 in 2020. As of December 31, 2021, Denarius holds $14.8 million in cash with no debt, fully funding its exploration programs in Spain and Colombia. The company has initiated a significant drilling campaign at its Lomero Project and expects to complete its Guia Antigua Project's current drilling by mid-2022, aiming for a mineral resource estimate by Q3 2022.
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Denarius Metals Corp. (TSXV: DSLV; OTCQB: DNRSF) announced the completion of assays for nine additional infill drill holes at its Lomero-Poyatos Project in southern Spain, totaling 2,788 meters. The drilling program, now reaching approximately 12,500 meters, confirms high-grade copper, zinc, and gold mineralization. Key findings include continuous mineralization at depth and enriched zones across significant strike lengths. Denarius has engaged consulting firms for advanced geophysical surveys to further assess mineralization potential.
Denarius Metals Corp. (OTCQB: DNRSF) has announced the completion of assays for four drill holes totaling 1,289 meters at its Lomero-Poyatos Project in Southern Spain. This is part of an ongoing diamond drilling program that has completed about 8,600 meters across 28 holes. Notably, all drilled holes have intercepted massive sulfide mineralization, confirming previous geological models and indicating significant gold enrichment. The company plans to intensify drilling with a third rig to expedite the project, aiming for an updated NI 43-101 compliant mineral resource estimate.
Denarius Metals Corp. (OTCQB: DNRSF) will begin trading on the OTCQB Market in the U.S. on February 17, 2022. This move aims to enhance visibility and accessibility for its growing shareholder base. The company focuses on acquiring and developing mining projects, particularly in high-grade districts like the Lomero-Poyatos Project in Spain and the Guia Antigua Project in Colombia. Denarius also owns an interest in the Zancudo Project being explored by IAMGOLD Corp.