The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

DPM Files Technical Report on Chelopech Pyrite Recovery Project

Monday, September 10, 2012

DPM Files Technical Report on Chelopech Pyrite Recovery Project17:53 EDT Monday, September 10, 2012TORONTO, ONTARIO--(Marketwire - Sept. 10, 2012) - Dundee Precious Metals Inc. (TSX:DPM)(TSX:DPM.WT.A) ("DPM" or "the Company") is pleased to announce that it has today filed a National Instrument 43-101 - Standards of Disclosure for Mineral Projects technical report (the "Report") on Sedar at on its Chelopech Pyrite Recovery Project, Bulgaria. The Report was prepared in support of a news release issued on July 26, 2012 by the Company announcing the positive technical results outlined in a preliminary economic assessment of the pyrite recovery project at its Chelopech Mine in Bulgaria, supporting the potential to increase Chelopech metal recoveries to 90%.Dundee Precious Metals Inc. is a well-financed, Canadian based, international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals. The Company's principal operating assets include the Chelopech operation, which produces a gold, copper and silver concentrate, located east of Sofia, Bulgaria; the Deno Gold operation, which produces a gold, copper, zinc and silver concentrate, located in southern Armenia; and the Tsumeb smelter, a concentrate processing facility located in Namibia. DPM also holds interests in a number of developing gold properties located in Bulgaria, Serbia, and northern Canada, including interests held through its 51.4% owned subsidiary, Avala Resources Ltd., its 47.3% interest in Dunav Resources Ltd. and its 10.7% interest in Sabina Gold & Silver Corp.FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan GoodmanDundee Precious Metals Inc.President & Chief Executive Officer(416) 365-2408jgoodman@dundeeprecious.comORLori BeakDundee Precious Metals Inc.Senior Vice President, Investor & Regulatory Affairsand Corporate Secretary(416)