Dunav Resources Files Technical Report; Retains Investor Relations Firm

Dunav Resources Ltd. (TSX VENTURE:DNV) (the "Company" or "Dunav") is pleased to
report the filing on SEDAR of a NI 43-101 technical report supporting the
initial resource estimate for the Kiseljak project area, part of its Tulare
Porphyry Copper-Gold Project located in southern Serbia, as announced in a press
release on November 26, 2012. The technical report was prepared by Chris Arnold,
MAusIMM (CP), of AMC Consultants (UK) Limited ("AMC") and Deepak Malhotra, P.
Eng, PhD (SME), of Resource Development Inc. 


The Kiseljak mineral resource, prepared by AMC, an independent mining consulting
firm, has been estimated at 300,500,000 tonnes grading an average of 0.27%
copper and 0.26g/t gold in the inferred resource category for 1.8 billion pounds
of copper and 2.5 million ounces of gold, using a 0.25% copper equivalent
cut-off grade. The copper and gold prices used in this estimate are $3.60/lb and
US$1,500/oz, respectively. 


The technical report is available on SEDAR (www.sedar.com) and will be available
on the website of Dunav (www.dunavresources.com).


Dr Julian F. H. Barnes, a qualified person under NI 43-101, a director and the
Company's special consultant, has reviewed the technical data in this press
release.


Investor Relations

Dunav is also pleased to announce that, subject to TSX Venture Exchange
approval, it has retained Profinnotiv AG ("Profinnotiv") to develop a European
investor and public relations strategy for the Company. Based in Switzerland,
Profinnotiv has extensive relationships with European institutional and retail
investors and significant experience working with Canadian-based natural
resource issuers. The contract with Profinnotiv is for a 12 month period and
provides for total fees to Profinnotiv of C$204,000 payable in quarterly
instalments for services to Dunav including investor communications and
relationship management within the European investment community. 


About Dunav Resources Ltd.: Dunav Resources is a mineral exploration company
focused on the acquisition, exploration and development of mineral properties in
Serbia. Additional information about the Company is available on SEDAR at
www.sedar.com and at www.dunavresources.com. 


Cautionary Statement

This press release contains 'forward-looking information' within the meaning of
applicable Canadian securities legislation. Forward-looking information is based
on reasonable assumptions that have been made by Dunav as at the date of the
information and is subject to known and unknown risks, uncertainties, and other
factors that may cause actual results or events to differ materially from those
anticipated in the forward-looking information. Forward looking information in
this news release includes information with respect to the Kiseljak mineral
resource estimate. Mineral resources which are not mineral reserves do not have
demonstrated economic viability. The estimate of mineral resources may be
materially affected by environmental, permitting, legal, title, taxation,
sociopolitical, marketing, or other relevant issues. The quantity and grade of
reported inferred resources in this estimation are uncertain in nature and there
has been insufficient exploration to define these inferred resources as
indicated or measured mineral resources.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dunav Resources Ltd.
James Crombie
President and Chief Executive Officer
+1.450.640.0810
info@dunavresources.com
www.dunavresources.com

(TSXV:DNV)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024