In this episode of the Prospector Podcast, host Michael Fox is joined by Mike Davies CFO of Denarius Metals. The company is excited with the progress to production on 3 projects, 1 in Colombia and 2 in Spain. Denarius is moving to finalizing construction with partner Trafigura at the Zancuda Gold and Silver Project in Colombia with production expected in the next 2 Months

Meanwhile in Spain, the company is also focused on developing the Lamero project. They are planning to bring the Agua Blanca Rio Narcia underground mine back into operation and have already started working on the plans for this. This will have a processing facility on site for both the ore coming from Agua Blanco and Lomero (once construction is complete) By incorporating a roaster at the Agua Blanca plant they believe that they will significantly increase the financial returns out of Lamero when it starts up in about two years. The construction decision for Lamero is expected to be made next year, following drilling activities and full engineering studies.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts. Denarius Metals is commencing production from its Zancudo Project in Colombia in the first quarter of 2025 and expects to commence operations in the next 12 months at the Aguablanca Project in Spain.

In Spain, Denarius Metals owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, and a 50% interest in Rio Narcea Recursos, S.L., which owns a 5,000 tonnes per day processing plant and has the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura, Spain, approximately 88 km northwest of the Lomero Project. Denarius Metals also owns a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

In Colombia, Denarius Metals is commencing operations at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km SW of Medellin.

Denarius Metals