DPM Metals Reports Promising Feasibility Results for Serbian Project
Toronto, Wednesday, 26 November 2025.
DPM Metals Inc. reveals a net present value of $782 million and a 36% internal rate of return for the Čoka Rakita project, highlighting substantial growth potential and economic viability.
Economic Viability and Projected Returns
DPM Metals Inc. (TSX: DPM, ASX: DPM) has announced the results of a feasibility study for its Čoka Rakita project in Serbia, showcasing a net present value (NPV) of $782 million and an internal rate of return (IRR) of 36% at a $1,900 per ounce gold price assumption. These figures underscore the project’s robust economic viability and potential for high-margin returns [1][2]. The study indicates that, with a $3,500 gold price assumption, the NPV could soar to $2.2 billion with a 68% IRR, further highlighting the project’s potential profitability [2].
Enhanced Production Capabilities
The feasibility study reveals a 10% increase in mineral reserves tonnage and an 11% rise in contained gold compared to previous estimates. This increase supports higher gold production, projected to average 189,000 ounces annually over the first five years [1]. The project is designed with a first quartile all-in sustaining cost of $644 per ounce, ensuring its competitiveness in the global market [2].
Strategic Development and Community Impact
DPM Metals plans to commence construction in early 2027, with initial ore production expected by 2028 and gold concentrate production targeted for the first half of 2029 [1][3]. The project is expected to create over 500 jobs, benefiting the local economy by utilizing local suppliers and workforce to the greatest extent possible [2]. The company has also achieved a permitting milestone, advancing the Special Purpose Spatial Plan process, which is crucial for the project’s timely initiation [1].
Investor Engagement and Future Prospects
DPM Metals is set to host an investor day on December 4, 2025, to further elaborate on the Čoka Rakita feasibility study results and discuss ongoing exploration efforts at the Rakita Camp and other projects [3]. A virtual Q&A session will follow on December 5, 2025, offering investors an opportunity to engage directly with the company’s leadership [3]. This initiative aims to foster transparency and maintain investor confidence as the company progresses towards its strategic goals [3].