Announcement Date: 2022-03-31
Announcement Type: Deposit Estimation
Announcement Code: NI43-101
Company name: Dundee Precious Metals Inc.
Project name: Chelopech
Location: Bulgaria
Commodities: Gold,Silver,Copper
Highlight: Updated mineral resources and reserves at project
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: CSA Global (UK) Limited (CSA Global), an ERM Group company, was requested by Dundee Precious Metals Chelopech EAD (DPMC), a subsidiary of Dundee Precious Metals Inc. (“DPM” or “the Company”), to verify data collected during recent in-mine Mineral Resource development drilling completed between October 2020 and September 2021 and to supervise the preparation of, and validate, a Mineral Resource estimate (MRE) update as well as review technical study elements completed by DPMC resulting in the update of the Mineral Reserve estimate for its Chelopech underground copper and gold mine. The change being reported in this NI 43-101 Technical Report is an update to the Mineral Resource and Mineral Reserve estimates previously reported by DPM in 2020 and includes an update to net smelter return (NSR) assumptions. DPM is a public company headquartered in Toronto, Canada and is listed on the Toronto Stock Exchange (TSX: DPM). This report has been prepared for DPM to fulfil the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) on properties owned and controlled by DPM and its subsidiaries. Mineral Resources and Mineral Reserves for the Chelopech Mine have been prepared in accordance with CIM guidelines.
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