| Announcement Date: | 2021-11-29 |
|---|---|
| Announcement Type: | Feasibility Study |
| Announcement Code: | NI43-101 |
| Company name: | Dundee Precious Metals Inc. |
| Project name: | Loma Larga |
| Location: | Ecuador |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Feasibility Study results incl. post-tax NPV (5%) of US$454Mt & IRR of 28.3% |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Dundee Precious Metals Inc. (DPM) is a Canadian mining company headquartered in Toronto, who holds, through DPM Ecuador Holdings Inc. (DPME), a 100% interest in the Loma Larga gold-coppersilver project located in Ecuador. DPM is listed on the Toronto Stock Exchange under the symbol DPM. INV Metals Inc. (INV) initially retained DRA Americas Inc. (DRA); Roscoe Postle Associates Inc., now part of SLR Consulting Ltd. (RPA); Mine Design Engineering Inc. (MDEng) now called RockEng Inc.(RockEng); Itasca Denver Inc. (Itasca); a consortium of environmental consultants; NewFields; Paterson & Cooke Canada Inc. (P&C); and SGS Canada Inc. (SGS) to prepare a Feasibility Study (FS or the Study) for the Loma Larga gold-copper-silver Project (the Project), located in Ecuador. The technical report was initially prepared for INV effective April 8,2020 and filed on SEDAR (www.sedar.com) to summarise the results of the FS. The report was prepared in compliance with the disclosure requirements of the Canadian National Instrument 43-101 (NI 43-101) Standards of Disclosure for Mineral Projects |
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