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 già completato una seconda spedizione di 68 tonnellate con tenori ancora più 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 envío de mineral del Proyecto Zancudo en Colombia. El envío inicial en junio de 2025 consistió en 64 toneladas de mineral de alta ley, que contenían 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 completó un segundo envío de 68 toneladas con leyes aún más altas de 10,5 g/t de oro y 250 g/t de plata. Se espera que las operaciones mineras aumenten en los próximos meses, con la planta de procesamiento programada para comenzar a operar a finales de 2025, pendiente de la obtención del permiso para la instalación industrial.
Denarius Metals (OTCQX:DNRSF)는 콜롬비아 잔쿠도 프로젝트에서 첫 광석 선적을 성공적으로 완료하며 중요한 이정표를 세웠습니다. 2025년 6월 첫 선적은 64톤의 고품위 광석으로, 금 19온스와 은 377온스를 포함하고 있으며, 금 9.4 g/t와 은 184.5 g/t의 뛰어난 품위를 기록했습니다.
회사는 이미 68톤의 두 번째 선적도 완료했으며, 금 10.5 g/t와 은 250 g/t로 더 높은 품위를 보였습니다. 광산 작업은 앞으로 몇 달 내에 확대될 예정이며, 처리 공장은 산업 시설 허가가 완료되는 대로 2025년 말에 가동될 예정입니다.
Denarius Metals (OTCQX:DNRSF) a franchi une étape importante avec son premier envoi de minerai du projet Zancudo en Colombie. La première expédition en juin 2025 comprenait 64 tonnes de minerai de haute qualité, 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 déjà réalisé un deuxième envoi de 68 tonnes avec des teneurs encore plus élevées de 10,5 g/t d'or et 250 g/t d'argent. Les opérations minières devraient s'intensifier dans les mois à venir, avec l'usine de traitement prévue pour démarrer d'ici la fin de 2025, sous réserve 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 höheren Gehalten von 10,5 g/t Gold und 250 g/t Silber abgeschlossen. Die Bergbauaktivitäten sollen in den kommenden Monaten ausgeweitet werden, und die Aufbereitungsanlage soll bis Ende 2025 in Betrieb gehen, vorbehaltlich der Erteilung einer Genehmigung für 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 www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.
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 www.sedarplus.ca. 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
investors@denariusmetals.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258681
FAQ
What were the gold and silver grades in Denarius Metals' (DNRSF) first Zancudo shipment?
When did Denarius Metals (DNRSF) complete its first ore shipment from Zancudo?
How much ore did Denarius Metals (DNRSF) ship in its second Zancudo shipment?
When will Denarius Metals' (DNRSF) Zancudo processing plant be operational?
Who is the buyer of Denarius Metals' (DNRSF) Zancudo ore?
