TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) ("DPM" or "the Company") is pleased to announce preliminary production results for the three and six months ended June 30, 2026.
"Driven by strong performance from Chelopech and the ongoing ramp-up of Vareš, we delivered increased gold equivalent production in the second quarter," said David Rae, President and Chief Executive Officer of DPM Metals.
"Our continued return of capital program, which totaled over US$49 million of share repurchases during the second quarter, reflect our confidence and excitement for DPM's continued exploration success, including the significant new discovery of the high-grade Brevene South Porphyry we announced in June."
Preliminary Second Quarter 2026 Production Highlights
Preliminary results for the second quarter of 2026 are provided below:
|
Unit |
Chelopech |
Ada Tepe |
Vareš |
Consolidated |
Ore processed |
Kt |
549 |
218 |
117 |
884 |
Metals contained in concentrate produced |
|
|
|
|
|
Gold |
Koz |
43 |
11 |
8 |
62 |
Silver |
Koz |
216 |
8 |
1,043 |
1,267 |
Copper |
Mlbs |
8 |
- |
1 |
9 |
Zinc |
Mlbs |
- |
- |
14 |
14 |
Lead |
Mlbs |
- |
- |
10 |
10 |
Gold equivalent ounces ("GEO")1 |
Koz |
56 |
11 |
35 |
102 |
Payable metals in concentrate sold |
|
|
|
|
|
Gold |
Koz |
38 |
11 |
6 |
55 |
Silver |
Koz |
178 |
7 |
900 |
1,085 |
Copper |
Mlbs |
6 |
- |
- |
6 |
Zinc |
Mlbs |
- |
- |
9 |
9 |
Lead |
Mlbs |
- |
- |
7 |
7 |
GEO1 |
Koz |
50 |
12 |
25 |
87 |
The Company uses conversion ratios for calculating GEO for its silver, copper, zinc and lead production and sales, which are calculated by multiplying the volumes of metal produced or sold, as applicable, by the respective average market metal prices for the quarter, and dividing the resulting figure by the average market gold price. See section titled "Gold Equivalent Calculation" on page 3 for the average market metals prices used in the calculation of second quarter gold equivalent production.
Preliminary results for the first half of 2026 are provided below:
|
Unit |
Chelopech |
Ada Tepe |
Vareš |
Consolidated |
Ore processed |
Kt |
1,056 |
365 |
196 |
1,617 |
Metals contained in concentrate produced |
|
|
|
|
|
Gold |
Koz |
75 |
23 |
15 |
113 |
Silver |
Koz |
333 |
16 |
1,955 |
2,304 |
Copper |
Mlbs |
15 |
- |
2 |
17 |
Zinc |
Mlbs |
- |
- |
24 |
24 |
Lead |
Mlbs |
- |
- |
18 |
18 |
GEO1 |
Koz |
99 |
23 |
64 |
187 |
Payable metals in concentrate sold |
|
|
|
|
|
Gold |
Koz |
68 |
23 |
9 |
100 |
Silver |
Koz |
304 |
13 |
1,378 |
1,695 |
Copper |
Mlbs |
13 |
- |
- |
13 |
Zinc |
Mlbs |
- |
- |
14 |
14 |
Lead |
Mlbs |
- |
- |
11 |
11 |
GEO1 |
Koz |
90 |
24 |
39 |
153 |
The Company uses conversion ratios for calculating GEO for its silver, copper, zinc and lead production and sales, which are calculated by multiplying the volumes of metal produced or sold, as applicable, by the respective average market metal prices for the quarter, and dividing the resulting figure by the average market gold price. See section titled "Gold Equivalent Calculation" on page 3 for the average market metals prices used in the calculation of the first half of 2026 gold equivalent production.