Dundee Precious Metals Reports High-Grade Intercepts at Dumitru Potok of 131.6 metres grading 3.93% CuEq and 76 metres at 2.47% CuEq

Executive Summary

• Dundee Precious Metals reported several high‑grade copper‑gold‑silver intercepts from its Serbian exploration program, highlighted by a 131.6 m interval grading 3.93% CuEq at the Dumitru Potok prospect.
• The company increased its 2025 Serbia exploration budget to $28‑$30 million (up from $23‑$25 million) and plans an additional 15,000–20,000 m of drilling by year‑end.
• DPM expects to release three maiden Inferred Mineral Resource estimates (Dumitru Potok, Rakita North, Frasen) by the end of 2025.

Key Details

• Dumitru Potok – Hole DPDD032: 131.6 m @ 3.93% CuEq (1.53 % Cu, 2.41 g/t Au, 12 g/t Ag) from 1,126 m depth; includes 71 m @ 2.52% Cu, 3.97 g/t Au, 19.3 g/t Ag and a separate 76 m @ 2.47% CuEq.
• Dumitru Potok – Hole DPDD032 (additional interval): 76 m @ 2.47% CuEq (1.01 % Cu, 1.43 g/t Au, 10.37 g/t Ag) from 1,277 m depth.
• Rakita North – Hole RADD055A: 159 m @ 0.70% Cu, 0.48 g/t Au, 2.04 g/t Ag (438 m depth); includes higher‑grade sub‑intervals of 8 m @ 1.30% Cu, 0.83 g/t Au, 3.20 g/t Ag and 12 m @ 1.17% Cu, 0.88 g/t Au, 1.60 g/t Ag.
• Rakita North – Hole RADDGTH009: 194 m @ 0.48% Cu, 0.29 g/t Au, 1.59 g/t Ag (1,072 m depth); includes 15 m @ 1.40% Cu, 0.79 g/t Au, 3.60 g/t Ag and 12 m @ 1.76% Cu, 0.93 g/t Au, 2.80 g/t Ag.
• Frasen – Hole BIDD242: 188 m @ 0.89 g/t Au, 0.24 % Cu (105 m depth) – best intercept to date at Frasen.
• Total drilling to date in Serbia: ~45,000 m and 70 drillholes completed YTD; 15 drillholes currently in progress; 7 rigs active across the project.
• Budget Increase: Exploration spend raised to $28‑$30 million for 2025 (previous guidance $23‑$25 million).
• Planned Drilling: Additional 15,000–20,000 m of drilling slated before year‑end to support maiden Inferred Resource estimates.
• Future Milestones: Target to file three maiden Inferred Mineral Resource estimates (Dumitru Potok, Rakita North, Frasen) by end‑2025.

Notable Quotes

“We continue to be excited by the impressive drill results at Dumitru Potok… The Rakita camp is clearly demonstrating the existence of a large copper‑gold system… we are targeting resource estimates for the Dumitru Potok, Rakita North and Frasen targets by year‑end.” – David Rae, President & CEO

“We are also increasing our exploration budget to extend the scout drilling program, targeting additional high‑potential areas within the six‑kilometre trend we have identified to date.” – David Rae, President & CEO