TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) — DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or the “Company”) announces that, as a result of the review (“Review”) of the existing technical report regarding the Vares Mine by staff of the Ontario Securities Commission (“OSC”), the Company is issuing the following press release regarding the disclosure of information regarding the Vares Mine.
In connection with the review, the Company amended and refiled a technical report entitled “Technical Report NI 43-101 for the Vares Mine, Bosnia and Herzegovina” with an effective date of April 1, 2025 and an issue date of June 9, 2025 (the “Vares Technical Report”).
The changes to the Varesh Technical Report are as follows: (i) deletion of the disclosure that minor amounts of inferred mineral resources have been included in the production forms constituting a mineral reserve and related immaterial incidental changes to the mineral reserve report and economic analysis section; and (ii) the replacement of the author responsible for paragraphs 16.1 and 26.2 of the Varesh Technical Report, Mr. Michael Di Giovinazzo, MAusIMM, with Neil Marshall, MIMMM, since Mr. Di Giovinazzo does not meet the requirements necessary to act as a “qualified person” as that term is defined in National Instrument 43-101 – Disclosure Standards for Mineral Projects (“B 43-101”).
Varesh's amended and restated technical report is available on the company's SEDAR+ profile at: www.sedarplus.caand on the company website at www.dpmmetals.com.
Sabine Anderson is independent from the Company and the qualified person as defined in NI 43-101 who has received and approved the technical information contained in this press release.
About DPM Metals Inc.
DPM Metals Inc. is an international gold mining company headquartered in Canada with operations and projects in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. Our strategic goal is to become a mid-tier precious metals company based on the sustainable, responsible and efficient production of gold from our portfolio, developing quality assets and maintaining a strong financial position to support the growth of mineral reserves and production through disciplined strategic operations. This strategy creates a platform for sustainable growth and above-average returns for our shareholders. DPM trades on the Toronto Stock Exchange (symbol: DPM) and on the Australian Securities Exchange as a foreign exempt listing (symbol: DPM).
For more information contact:
Jennifer Cameron
Director of Investor Relations
Tel: (416) 219-6177
[email protected]
Warning
DPM is not required to report Mineral Exploration Results, Mineral Resources and Ore Reserves under Chapter 5 of the ASX Listing Rules or the JORC Code 2012 in connection with DPM's exemption from foreign listing on the ASX. DPM's Mineral Reserves and Mineral Resources are prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Standards of Definition adopted by the CIM Council on May 10, 2014, in accordance with the requirements of the Canadian securities regulatory authorities, which may differ from the requirements of the ASX Listing Rules and the 2012 JORC Code.
