Dundee Precious Metals Reports High-Grade Intercepts at Dumitru Potok of 131.6 metres grading 3.93% CuEq and 76 metres at 2.47% CuEq
Globenewswire·2025-09-10 10:30

Core Insights - Dundee Precious Metals Inc. (DPM) reported high-grade copper-gold-silver intercepts from its Serbian exploration program, particularly from the Dumitru Potok prospect, indicating significant mineralization potential [1][3][4] Exploration Results - The company has completed approximately 45,000 metres and 70 drill holes year-to-date in the Rakita camp, with 15 drill holes currently in progress [2] - DPM plans to report three maiden Inferred Mineral Resource estimates by year-end 2025 for the Dumitru Potok, Rakita North, and Frasen prospects [2][4] Drilling Highlights - Significant intercepts include 131.6 metres grading 3.93% CuEq from hole DPDD032, with additional strong mineralization indicated in the ongoing drilling of DPDD032B [5][7] - The exploration drilling has expanded high-grade copper-gold-silver mineralization along a strike length of approximately 450 metres and vertical development of over 300 metres [6] Future Plans - DPM has increased its exploration budget to approximately $28 million to $30 million, up from previous guidance of $23 million to $25 million, and plans to drill an additional 15,000 to 20,000 metres by year-end [23] - The focus will be on completing target delineation drilling programs at Dumitru Potok, Rakita North, and Frasen to support the maiden Inferred Mineral Resource estimates [23] Community Engagement - The company emphasizes building strong partnerships with local communities and governments, having maintained a local presence in Serbia since 2004 [24]

Dundee Precious Metals Reports High-Grade Intercepts at Dumitru Potok of 131.6 metres grading 3.93% CuEq and 76 metres at 2.47% CuEq - Reportify