TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) announced today that the Company has submitted a technical report for its Čoka Rakita gold allocation in Serbia. . The purpose of the report was Čoka Rakita’s first mineral resource estimate, as previously stated in the Company’s December 11, 2023 press release.
This white paper has been prepared in accordance with the Canadian Securities Authority’s National Instrument 43-101 Mineral Project Disclosure Standards. Both the White Report and the December 11, 2023 press release are available on SEDAR (www. sedarplus. ca) and the Company’s website (www. dundeeprecious. com).
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About Dundee Precious Metals
Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth. The Company’s resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM).
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Cautionary Note Regarding Forward-Looking Statements
This press release includes “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) that involve a number of threats and uncertainties. Forward-looking statements are statements that are not past facts and are sometimes, but not always, referred to by the use of forward-looking terminology such as “plans,” “expects,” “is expected,” “budgets,” “plans. ” , “estimates”, “forecasts”, “outlooks”, “intends”, “anticipates”, “believes” or variants of those words and expressions or that imply that certain actions, occasions or effects “possibly”, “may also simply” , “would”, “may also simply” or “will be” taken, happened or achieved, or the negative form of any of those terms or similar expressions. The forward-looking statements contained in this press release relate to, among other things: mineral resource estimates and the achievement of such mineral estimates. Forward-looking statements are based on certain key assumptions and the reviews and estimates of qualified and controlling persons, as of the date such statements are made, and involve known and unknown threats, uncertainties and other points that may influence effects and changes. real. or the achievements of the Company are materially different from any long-term effects, appearance or achievements expressed or implied by the forward-looking statements. In addition to the points already discussed in this press release, those points include, but are not limited to, fluctuations in steel and sulfuric acid prices, toll rates and exchange rates; threats arising from the current inflationary environment and its effect on operating prices and other monetary parameters, in addition to threats of recession and the threat of electricity subsidies being suspended in Bulgaria; the initiation, continuation or escalation of geopolitical and/or intrastate conflicts and crises, including, among others, in Ukraine, the Middle East, Ecuador and other jurisdictions from time to time, and their direct or indirect effects on the Company’s operations ; the continuation of the Council of Europe’s sanctions exemption for Bulgaria regarding the import of Russian oil and economic sanctions against Russia and Russians, which may also have an effect on supply chains; regulatory adjustments, additional adjustments affect the complex concentrate market; imaginable diversifications in ore grade and recovery rates; uncertainties inherent in the conclusions of economic evaluations and economic studies; adjustments to allocation parameters, adding schedule and budget, as plans continue to be refined; uncertainties related to the actual effects of ongoing exploration activities; the insecurities and threats inherent in the advancement and bringing into production of new mines, which would possibly be subject to unexpected delays; the insecurities inherent in conducting business in foreign jurisdictions where corruption, civil unrest, political instability and rule of law insecurities could have an effect on the Company’s operations; limitations on insurance coverage; accidents, labor disputes and other threats from the mining industry; delays in obtaining government approvals or funding or in completing progression or structure activities; actual effects of ongoing and planned recovery activities; the opposition of social and non-governmental organizations to mining assignments and merger operations; unexpected name disputes; claims or disputes; failure to achieve certain cost savings or potential benefits from any upgrades and/or expansions; increased physical costs and threats, coupled with extreme weather events and resource scarcity, such as climate change; the uncertainties inherent in the Company’s ability to achieve its objectives, objectives and methods related to sustainable progress, the environment and the alleviation of greenhouse gas emissions, which could be affected by unforeseeable events beyond its control. its control or through advertising need not yet known; cyberattacks and other cybersecurity threats; similar threats to the implementation, collection and realization of benefits from virtual initiatives; threats related to the Company’s operations at times and the effect of epidemics, pandemics or other public health emergencies, including COVID-19, resulting in adjustments in the Company’s supply chain, product shortages, delivery problems and shipping, factory closures and/or breakdowns, appliances or processes working as expected, infected painters and contractors, low vaccination rates, many lost work hours, and a shortage of hard labor; as well as the threat points discussed or mentioned in any other document (including, without limitation, the most recent annual configuration of the Company) filed from time to time with the securities regulatory government of all provinces and territories of Canada and available at SEDAR at www. sedar. com. The reader is cautioned that the above list is not exhaustive of all points that could possibly have been used. Although the Company has attempted to identify vital points that could also cause actual actions, events or effects to differ materially from those described in the forward-looking statements, there may be other points that cause actual actions, events or effects to be materially different from those described. in forward-looking statements. The results are not expected, estimated or foreseen. There can be no assurance that forward-looking statements will prove to be accurate, as actual effects and long-term events may also differ materially from those anticipated in such statements. The Company’s forward-looking statements reflect existing expectations regarding long-term events and speak only as of the date hereof. Except as required by securities laws, the Company assumes no legal responsibility to update forward-looking statements if estimates or revisions of cases or control should change. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.
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