Developing High-Grade Cu-Zn-Pb-Au-Ag Projects in Spain and Colombia
Stock Code:
TSXV: DSLV, OTCQX: DNRSF
Company Exposure:
Copper, Zinc, Lead, Gold, Silver
Project Locations:
Colombia, Spain
Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development, and eventual operation of polymetallic mining projects in high-grade districts, with its principal focus on the Lomero Project in Spain. The company signed a definitive option agreement with Europa Metals Ltd. in November 2022 pursuant to which Europa has granted Denarius Metals two options to acquire up to an 80% ownership interest in the Toral Zn-Pb-Ag Project, Leon Province, northern Spain. The company’s 100%-owned Zancudo Project in Colombia provides an opportunity to develop near-term production and cash flow through local contract miners and long-term growth through exploration.
Zancudo Project - 100% - Fully funded to start production in 2024
- Municipality of Titiribí, department of Antioquia, ~30km SW of Medellin
- Mining of high-grade gold-silver-quartz veins was carried out in the Zancudo district from 1793 to 1948 with an estimated production of 1.4 – 2.0Moz Au Eq
- Project includes the former producing Independencia mine
- Project has access to labour, the Colombian national power grid, and ample water resources
- Acquired by Denarius in the 2021 RTO
- Updated inferred MRE of 1.06Moz Au Eq
- PEA announced in October 2023
- An opportunity to develop near-term production and cash flow through local contract miners and long-term growth through exploration