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BRIEF-Dundee Precious Metals Achieves First Gold Concentrate Production From Its Krumovgrad Open Pit Gold Mine

Published 2019-03-14, 08:42 a/m
© Reuters.  BRIEF-Dundee Precious Metals Achieves First Gold Concentrate Production From Its Krumovgrad Open Pit Gold Mine
DPM
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March 14 (Reuters) - Dundee Precious Metals Inc DPM.TO :

* DUNDEE PRECIOUS METALS INC - ACHIEVED FIRST GOLD CONCENTRATE PRODUCTION FROM ITS KRUMOVGRAD OPEN PIT GOLD MINE.

* DUNDEE PRECIOUS METALS INC - FORECAST CAPITAL COST FOR MINE REMAINS AT US$164 TO US$166 MILLION, COMPARED WITH ORIGINAL ESTIMATE OF US$178 MILLION.

* DUNDEE PRECIOUS METALS INC - GOLD CONTAINED IN CONCENTRATE AT KRUMOVGRAD IS EXPECTED TO BE BETWEEN 55,000 AND 75,000 OUNCES IN 2019

* DUNDEE PRECIOUS METALS- KRUMOVGRAD WILL PRODUCE ON AVERAGE 100,000 OUNCES OF GOLD CONTAINED IN CONCENTRATE PER YEAR FOR FIRST 5 YEARS OF PRODUCTION

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