InvestSMART

DPM Metals Inc. (ASX:DPM)

ALERT: Price-sensitive ASX Announcement for DPM
Current share price for DPM : $44.200 -2.35 (-5.05%)+
Announcement
Release
4 Jun 2026 8:17AM
Price at Release
$46.550
Full Release
download
Summary
DPM Metals Inc. announced a significant discovery of high-grade gold-copper porphyry mineralization adjacent to the Chelopech Mine, specifically at the Brevene South Porphyry (BSP) target. The discovery includes an intercept from drillhole EX_BRESPO_03, which returned 713 metres grading 2.52 g/t gold equivalent (AuEq), comprising 1.31 g/t gold (Au) and 1.16% copper (Cu). This discovery demonstrates the potential for expansion of the mineralization footprint, supported by the proximity to existing mine infrastructure. The BSP target remains open with further drilling planned to assess its economic potential, with up to 15,000 metres of additional drilling scheduled through the end of 2026. This discovery marks the fourth significant find by DPM since 2023, emphasizing the geological potential of the Western Tethyan Belt.
Key Points
  • Discovery of high-grade gold-copper porphyry mineralization at BSP target.
  • Major intercept of 713 metres grading 2.52 g/t AuEq.
  • Presence of a significant porphyry system southeast of Chelopech mine.
  • Potential for mine life extension due to proximity to existing infrastructure.
  • Planned continuation of intensive drilling with 15,000 metres to be completed by end of 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.