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Euro Sun Welcomes Romania's Steps to Adopt the European Union's Critical Raw Materials Act and Reports Stronger Project Economics With NPV Rising to US$1.78 Billion at Rovina Valley

TORONTO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“ Euro ...

articleEuro Sun Mining Inc.November 14, 20253/company/euro-sun-mining-inc/news/euro-sun-welcomes-romanias-steps-to-adopt-the-european-unions-critical-raw-materials-act-and-reports-stronger-project-economics-with-npv-rising-to-usdollar178-billion-at-rovina-valley
Euro Sun Welcomes Romania's Steps to Adopt the European Union's Critical Raw Materials Act and Reports Stronger Project Economics With NPV Rising to US$1.78 Billion at Rovina Valley

About this update from Euro Sun Mining Inc.

[{"type":"text","content":"Euro Sun Welcomes Romania’s Steps to Adopt the European Union’s Critical Raw Materials Act and Reports Stronger Project Economics With NPV Rising to US$1.78 Billion at Rovina Valley\n\n\n\n TORONTO, Nov. 14, 2025 (GLOBE NEWSWIRE) --\n \n Euro Sun Mining Inc.,\n \n (TSX: ESM) (“\n \n Euro Sun\n \n ”, “\n \n ESM\n \n ”, or the “\n \n Company\n \n ”) is delighted to announce that under an\n \n Emergency Ordinance\n \n , the Romanian Government has established a national regulatory and administrative framework for creating a\n \n Single Point of Contact\n \n to implement the European Union’s Critical Raw Materials Act (“\n \n CRMA\n \n ”). This is aimed to fast-track permitting and simplify procedures for projects with strategic status.\n \n\n Along with the completion of Euro Sun’s environmental impact assessment technical report, the Company is also pleased to share the results of its optimized and updated definitive feasibility study (“\n \n DFS\n \n ”) respecting CAPEX and OPEX revalidation and economic modelling, finalized this week for the Colnic and Rovina open pits - representing the first stage of development at the Company’s flagship Rovina Valley Copper-Gold Project. All amounts summarized below are in US dollars unless otherwise indicated.\n \n\n\n Key Highlights Include (summary table set out in Table 1):\n \n\n\n\n\n Pre-tax net present value (“NPV”) increased 173% to $1,776 million, with a pre-tax internal rate of return (“IRR”) of 39.7%, based on $4.5/lb copper and $3,300/oz gold\n \n\n\n\n Estimated to produce 403Mlbs of copper and 1.472Moz of gold over the life of the project (first stage development) at an all-in sustaining costs (“AISC”) of $1,206.3/gold equivalent ounce\n \n\n\n\n The updated study incorporates the most current cost and capital expenditure (“CAPEX”) data, with initial CAPEX of $607.1 million\n \n\n\n\n The Rovina Valley Project incorporates dry stack tailings and is a cyanide free operation\n \n\n\n\n Commenting on the latest developments, Grant Sboros, Chief Executive Officer of Euro Sun said, “It has been a good week for Euro Sun. We are obviously jubilant that finally the\n \n Single Point Of Contact\n \n part of the EU’...

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