Dundee Precious Metals, Inc.
TORONTO, 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 Čoka 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 Čoka 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.
PEA Highlights
(All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted. The reader is advised that the PEA is preliminary…
