DPM Metals releases preliminary 2025 production results

Executive Summary

• DPM Metals Inc. announced preliminary production results for the three and 12 months ended December 31, 2025, marking the 11th consecutive year the company achieved its gold production guidance.
• The company reported strong operational performance at its Ada Tepe and Chelopech mines, with Ada Tepe delivering its highest quarterly production of the year.
• DPM Metals confirmed the timing for its fourth quarter and full-year 2025 financial results, scheduled for release after market close on February 10, 2026, followed by a conference call on February 11, 2026.

Key Details

• Production Guidance Milestone: 2025 marks the 11th consecutive year DPM Metals has achieved its gold production guidance.
• Chelopech Performance (Q4 2025): Produced approximately 45,700 ounces of gold and 9.9 million pounds of copper.
• Ada Tepe Performance (Q4 2025): Delivered its strongest production quarter of the year, producing approximately 24,500 ounces of gold.
• Vares Operations:
  • Q4 2025 production was minimal as the company prioritized safety practices, training, and decline development.
  • Target is to achieve an 850,000-tonne-per-year operating rate by the end of 2026.
  • 2026 production is expected to exceed previous anticipations, with higher ore processed and higher gold and silver grades compared to the Vares technical report (effective April 1, 2025).
  • A three-year outlook and detailed 2026 guidance for Vares, along with corporate guidance, will be provided in February 2026.
• Financial Results Schedule:
  • Release Date: Fourth quarter and full-year 2025 operating and financial results, MD&A, and audited consolidated financial statements will be posted on SEDAR+ and the company website after market close on Tuesday, February 10, 2026.
  • Conference Call: Wednesday, February 11, 2026, at 9:00 a.m. ET.
  • Replay: Archive will be available on the DPM website.
• Technical Review: Technical and scientific information was reviewed and approved by Ross Overall, Director of Corporate Technical Services, a qualified person under National Instrument 43-101.

Notable Quotes

• David Rae, President and CEO: "We ended 2025 on a very strong note, with Ada Tepe and Chelopech delivering the highest quarterly production of the year... I'm proud to report that 2025 marks the 11th consecutive year we have achieved our gold production guidance, a remarkable milestone and a testament to our operating strengths."
• David Rae, President and CEO: "We are very pleased with the progress we are making at Vares. We are on target to achieve an 850,000-tonne-per-year operating rate by the end of 2026, and we are continuing to advance training and improve development rates to accelerate precious metals production."