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Denarius Metals Corp ( (TSE:DMET) ) has issued an announcement.
Denarius Metals Corp received approval for its Environmental Impact Study for the Zancudo Project in Colombia, allowing it to start mining operations. The company plans to begin production by the end of the quarter and has arranged to sell mined material to Soma Gold Corp, aiming to generate cash flow. Additionally, Denarius Metals announced a management update, with Federico Restrepo-Solano assuming the CEO role, as part of a strategic leadership strengthening amid anticipated growth.
More about Denarius Metals Corp
Denarius Metals Corp is a mining company focused on the extraction and processing of precious metals like gold and silver. It operates primarily in Colombia with projects such as the Zancudo Project, positioning itself within the mining industry to leverage high-grade mineral resources.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$36.29M
For a thorough assessment of DMET stock, go to TipRanks’ Stock Analysis page.