Denarius Metals, incorporated under the laws of the Province of British Columbia, is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts in Spain and Colombia. The Company is listed on the Cboe Canada (“Cboe CA”) under the symbol “DMET” and also trades on the OTCQX® Best Market (“OTCQX”) in the United States under the symbol “DNRSF”.
In Colombia, Denarius Metals is carrying out construction activities 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 commenced mining operations at Zancudo, in the second quarter of 2025 and is now fully permitted. Construction of the Zancudo Project’s 1,000 tonnes per day processing plant commenced in late October 2025 and is expected to start producing high-grade gold-silver concentrates by the end of the second quarter of 2026. Crushed ore from the current early production phase, and concentrate production after the plant is operational, will be sold to Trafigura under a long-term offtake contract.
In Spain, the Company holds a 21% interest in Rio Narcea Recursos, S.L., which owns a 5,000 tonnes-per-day processing plant and the rights to the historic Aguablanca nickel-copper mine, located in Monesterio, Extremadura. The Project was recently designated a Strategic Project by the European Commission and is expected to resume production within the next 12 months. Aguablanca is set to play a pivotal role to accelerate development of the Company’s nearby Lomero Project, located within the Iberian Pyrite Belt—one of the world’s largest districts of pyrite-rich massive sulphide deposits. In northern Spain, we are continuing our exploration program at our 100%-owned Toral Zn-Pb-Ag Project.
Denarius Metals is led by a seasoned team with a proven track record and the belief that long-term ESG strategies are a cornerstone in the development of its mining projects. The management and technical teams for our projects in Spain are based in the Madrid offices of our subsidiary, Alto Minerals. In Colombia, the management and technical teams are based in the Medellin offices of our subsidiary, Zancudo Metals. The Company’s corporate office is located in Toronto, Ontario, Canada.
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