Denarius Metals Announces First Shipment from Its Zancudo Project Completed in June 2025
Denarius Metals (OTCQX:DNRSF) has achieved a significant milestone with its first ore shipment from the Zancudo Project in Colombia. The initial shipment in June 2025 consisted of 64 tonnes of high-grade ore, containing 19 ounces of gold and 377 ounces of silver, with impressive grades of 9.4 g/t gold and 184.5 g/t silver.
The company has already completed a second shipment of 68 tonnes with even higher grades of 10.5 g/t gold and 250 g/t silver. Mining operations are expected to ramp up in the coming months, with the processing plant scheduled to begin operations by the end of 2025, pending the receipt of an industrial facility permit.
Denarius Metals (OTCQX:DNRSF) ha raggiunto un traguardo importante con la sua prima spedizione di minerale dal Progetto Zancudo in Colombia. La spedizione iniziale di giugno 2025 ha riguardato 64 tonnellate di minerale ad alto tenore, contenenti 19 once d'oro e 377 once d'argento, con grade impressionanti di 9,4 g/t di oro e 184,5 g/t di argento.
L'azienda ha gi脿 completato una seconda spedizione di 68 tonnellate con tenori ancora pi霉 elevati di 10,5 g/t di oro e 250 g/t di argento. Le operazioni di estrazione sono previste in aumento nei prossimi mesi, con l'impianto di lavorazione che dovrebbe entrare in funzione entro la fine del 2025, in attesa del rilascio del permesso per l'impianto industriale.
Denarius Metals (OTCQX:DNRSF) ha alcanzado un hito significativo con su primer env铆o de mineral del Proyecto Zancudo en Colombia. El env铆o inicial en junio de 2025 consisti贸 en 64 toneladas de mineral de alta ley, que conten铆an 19 onzas de oro y 377 onzas de plata, con impresionantes leyes de 9,4 g/t de oro y 184,5 g/t de plata.
La empresa ya complet贸 un segundo env铆o de 68 toneladas con leyes a煤n m谩s altas de 10,5 g/t de oro y 250 g/t de plata. Se espera que las operaciones mineras aumenten en los pr贸ximos meses, con la planta de procesamiento programada para comenzar a operar a finales de 2025, pendiente de la obtenci贸n del permiso para la instalaci贸n industrial.
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Denarius Metals (OTCQX:DNRSF) a franchi une 茅tape importante avec son premier envoi de minerai du projet Zancudo en Colombie. La premi猫re exp茅dition en juin 2025 comprenait 64 tonnes de minerai de haute qualit茅, contenant 19 onces d'or et 377 onces d'argent, avec des teneurs impressionnantes de 9,4 g/t d'or et 184,5 g/t d'argent.
L'entreprise a d茅j脿 r茅alis茅 un deuxi猫me envoi de 68 tonnes avec des teneurs encore plus 茅lev茅es de 10,5 g/t d'or et 250 g/t d'argent. Les op茅rations mini猫res devraient s'intensifier dans les mois 脿 venir, avec l'usine de traitement pr茅vue pour d茅marrer d'ici la fin de 2025, sous r茅serve de l'obtention du permis d'installation industrielle.
Denarius Metals (OTCQX:DNRSF) hat einen bedeutenden Meilenstein mit der ersten Erzlieferung vom Zancudo-Projekt in Kolumbien erreicht. Die erste Lieferung im Juni 2025 bestand aus 64 Tonnen hochwertigem Erz, das 19 Unzen Gold und 377 Unzen Silber enthielt, mit beeindruckenden Gehalten von 9,4 g/t Gold und 184,5 g/t Silber.
Das Unternehmen hat bereits eine zweite Lieferung von 68 Tonnen mit noch h枚heren Gehalten von 10,5 g/t Gold und 250 g/t Silber abgeschlossen. Die Bergbauaktivit盲ten sollen in den kommenden Monaten ausgeweitet werden, und die Aufbereitungsanlage soll bis Ende 2025 in Betrieb gehen, vorbehaltlich der Erteilung einer Genehmigung f眉r die Industrieanlage.
- First production milestone achieved with successful ore shipment to Trafigura
- High-grade ore quality with 9.4 g/t gold and 184.5 g/t silver in first shipment
- Second shipment completed with even higher grades (10.5 g/t gold, 250 g/t silver)
- Processing plant on schedule for end-of-year operation
- Currently operating without processing plant, limiting production capacity
- Industrial facility permit still pending approval
Toronto, Ontario--(Newsfile Corp. - July 14, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today that it completed its first shipment in late June of high-grade ore mined at its Zancudo Project in Colombia. The Company's local contract miner commenced mining activities in the second quarter of 2025, comprised of development work, initially focusing on three primary fronts to be ready within six months, and mineral extraction from other areas where high-grade ore is readily accessible. Mined material during this early production phase was stockpiled in the second quarter, and in late June, the first shipment of 64 tonnes was loaded and transported to port where it was sold to Trafigura under the Company's long-term offtake agreement. With the grades averaging 9.4 g/t gold and 184.5 g/t silver, the first shipment contained 19 ounces of gold and 377 ounces of silver.
Serafino Iacono, Executive Chairman of Denarius Metals, commented, "We are now officially in production, having completed our first shipment. This week, we completed our second shipment to Trafigura comprising 68 tonnes grading 10.5 g/t gold and 250 g/t silver. The frequency and quantity of shipments will continue to increase over the next few months as we ramp up our mining operations. We expect to receive our industrial facility permit in the coming weeks and, with this in hand, we will be able to proceed with the construction and installation of our processing plant, maintaining our schedule to have the plant in operation by the end of this year."
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
In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a
Additional information on Denarius Metals can be found on its website at and by reviewing its profile on SEDAR+ at .
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, including mine development plans, timing to receive the industrial facility permit in Colombia and frequency and quantity of future shipments from the Zancudo Project. 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 . 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.
For Further Information, Contact:
Michael Davies
Chief Financial Officer
(416) 360-4653
[email protected]
To view the source version of this press release, please visit
FAQ
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