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Dunav Resources Files Technical Report on Serbian Gold Project; Shares Rise 8%

Dunav Resources Ltd. (DNV.V) has filed a NI 43-101 technical report supporting the initial resource estimate for the Kiseljak project area, part of its Tulare Porphyry Copper-Gold Project located in southern Serbia.

The Kiseljak mineral resource, prepared by AMC, has been estimated at 300,500,000 tonnes grading an average of 0.27% copper and 0.26g/t gold in the inferred resource category for 1.8 billion pounds of copper and 2.5 million ounces of gold, using a 0.25% copper equivalent cut-off grade.

DNV shares gained two cents to $0.27 on volume of 67,000.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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