DENARIUS METALS ANNOUNCES FURTHER RAMP UP IN ITS THIRD QUARTER AND FIRST NINE MONTHS 2026 PRODUCTION RESULTS FROM ITS ZANCUDO PROJECT IN COLOMBIA
Key Highlights
- ➤6,727 tonnes delivered in Q3 2026, up 72% from Q2
- ➤Q3 revenue US$8.1 million, up 65% sequentially
- ➤First-nine-month 2026 revenue reached US$16.5 million
- ➤Monserrat plant construction and commissioning targeted for Q1 2027
Expert Statements
Serafino Iacono, Executive Chairman of Denarius Metals
“Our daily average mining rates continue to increase during the early production phase at our Zancudo Project.”
Serafino Iacono, Executive Chairman of Denarius Metals
“This has allowed us to increase our shipments to 6,727 tonnes in the third quarter of 2026 representing a 72% increase compared with the second quarter and almost three times what we shipped in the first quarter this year.”
Serafino Iacono, Executive Chairman of Denarius Metals
“Head grades remained solid in the third quarter of 2026, averaging 11.6 g/t for gold and 188.9 g/t for silver, resulting in total revenue for the third quarter of 2026 of US$8.1 million.”
Serafino Iacono, Executive Chairman of Denarius Metals
“This brings our total revenue for the first nine months of 2026 to $16.5 million, up from US$1.7 million reported for our 2025 fiscal year.”
Serafino Iacono, Executive Chairman of Denarius Metals
“With the earthworks phase now complete, we have commenced with structural steel and concrete works at the Monserrat plant site.”
Serafino Iacono, Executive Chairman of Denarius Metals
“Based on our latest schedule, we expect to complete plant construction activities and commissioning in the first quarter of 2027, at which point we can shift into the commercial production of high-grade gold-silver concentrates for sale to Trafigura under our long-term offtake contract.”
DENARIUS METALS ANNOUNCES FURTHER RAMP UP IN ITS THIRD QUARTER AND FIRST NINE MONTHS 2026 PRODUCTION RESULTS FROM ITS ZANCUDO PROJECT IN COLOMBIA PR Newswire
* 6,727 tonnes delivered to Trafigura in the third quarter of 2026, up 72% over the second quarter, reflecting the continued ramp up of mining at the Zancudo Project. * US$8.1 million of total revenue in the third quarter of 2026, up 65% over the second quarter, from the sale of 1,744 ounces of gold and 14,175 ounces of silver. * Total revenue for the first nine months of 2026 of US$16.5 million, up from US$1.7 million for the 2025 fiscal year. TORONTO, Oct. 26, 2026 /PRNewswire/ -- Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the details of the production results achieved in the third quarter and first nine months of 2026 at its Zancudo Project in Colombia as set out in the table below.
Get started
Create a free account to read the full story.