Denarius Silver Corp., earlier known as ESV Resources Ltd., is a metal mining company that primarily acquires, explores, develops, and eventually operates mineral projects. Denarius Silver Corp. became a public listed company in March 2021. The mineral exploration company started trading its common shares effective from March 8, 2021, on the TSX Venture Exchange market under the ticker symbol DSLV.
The Toronto-based natural resource miner has three mineral projects:
The Lomero-Poyatos Project is situated on the north-eastern edge of the Iberian Pyrite Belt in Huelva, Spain. The Project is equipped with proper infrastructure services, including road connectivity, port access, water availability and power supply. The Project is close to the Matsa JV project, which holds several processing plants and villages, indicating the availability of labor, accommodation and general facilities.
The project comprises two distinct on-the-surface deposits -- Lomero and Poyatos, which combine into one prime deposit while moving to depth. The deposit hosts gold-bearing massive sulfide and semi-massive sulfide zones. In addition, the central part of the mine hosts copper mineralization, while the eastern and western part of the mine hosts copper, zinc, lead, gold mineralization.
The Guia Antigua Project lies in the Segovia Mining District in Colombia. The project consists a mineral license agreement covering a total area of 386 hectares. The project consists of three veins discovered from 2018 drilling operations. The past exploration programs show that the project is highly prospective, and further exploration might lead to additional discoveries.
The Zancudo Project is situated along the Titiribí Mining District in Antioquia, Colombia. The project includes a past-producing deposit named Independencia Mine and mineral claims spanning a total area of 1,052 hectares. Denarius Silver Corp. entered into an option agreement with IAMGOLD Corporation to explore the Zancudo Project. According to the agreement, IAMGOLD can acquire a majority stake in the project. For the details of the agreement, please refer to the company’s website.