Denarius Metals Achieves Significant Milestones in Annual Filings and Production Goals

In a significant stride towards operational success, Denarius Metals Corp. has filed its 2025 annual documents, presenting detailed information regarding its financial performance and project advancements. The company, which has garnered attention for its Zancudo Project in Colombia, disclosed its filed audited financial statements, management discussions, and analyses, expressing optimism about its ongoing mining operations.

As of December 31, 2025, Denarius Metals reported $1.7 million in revenue generated from the extraction of gold and silver, an inspiring outcome for a company in the early stages of production. The Zancudo Project, which is situated in the rich Cauca Belt, initiated its mining operations in June 2025 and has reported excellent early results, with an average grade of 7.9 grams per tonne for gold and 222.7 grams per tonne for silver. This output translates to approximately 532 ounces of gold and 14,977 ounces of silver shipped to Trafigura Pte. Ltd., aiding the company in generating operational cash flow during its early production phase.

The financial documents released reflect the ambitious goals of Denarius Metals as it progresses toward establishing commercial production of high-grade gold-silver concentrates by the third quarter of 2026. The company is continuously working on the construction of a new processing plant capable of handling 1,000 tonnes per day, a project that is already making remarkable progress. Currently, site preparations are well underway, with civil works set to commence in the second quarter of 2026.

Furthermore, Denarius Metals has entered into an agreement with a local civil engineering firm, which has a wealth of experience in extractive industries. This partnership will facilitate the development and eventual operational management of the new processing facility, showcasing the company's commitment to leveraging local expertise in its endeavors.

On the exploration front, Denarius Metals has updated its Mineral Resource estimate for the Zancudo Project, benefiting from an extensive drilling campaign conducted in 2024. This new estimate highlights an increase in both the indicated and inferred resources, reinforcing the project's potential for further expansion.

In a separate strategic move, the company is also focused on its Aguablanca Project in Spain, recognized by the EU as a pivotal project, which has all necessary permits to initiate operations. Denarius Metals recently completed a financing round valued at $7 million, allowing it to bring this project to fruition and start producing minerals crucial for meeting demand in the market.

Despite the promising developments, the company reported a net loss of $31.2 million for the year 2025. This loss was attributed primarily to non-cash expenses connected to financial instruments impacted by market fluctuations in gold prices and the company's shares. However, with a stable cash position bolstered by recent financing efforts, Denarius Metals is optimistic about overcoming these challenges and focusing on enhancing production capabilities.

As Denarius Metals moves forward, it is set to commence another drilling campaign aimed at converting additional inferred resources into the indicated category, signifying the firm’s dedication to optimizing the Zancudo Project's resource potential. This continued investment in exploration and operational efficiency positions Denarius Metals as a key player in the mining industry, building a pathway toward long-term success and sustainability.

With its sights firmly set on increasing production and expanding its mining operations globally, Denarius Metals remains committed to achieving its strategic goals. Stakeholders and investors are encouraged to monitor further developments from the company as it navigates the complexities of the mining sector, promising to capitalize on the rich mineral resources at its disposal.

For more information about Denarius Metals and its projects, please visit their official website at www.denariusmetals.com.