{"success":true,"data":{"pressRelease":{"id":"120238","rtpr_id":"nGNX13s3f1","ticker":"DPM","exchange":"TSX","all_tickers":["DPM"],"title":"DPM Metals Announces Commercial Production at Vareš","author":"Globe Newswire","published_at":"2026-08-17T10:45:00.089Z","article_body":"TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX:\nDPM) (ARBN: 689370894) (“DPM” or “the Company”) is pleased to announce\nit achieved commercial production at its Vareš silver-gold mine located in\nBosnia and Herzegovina on August 10, 2026.\n\nDPM achieved commercial production at Vareš by exceeding an average of 60% of\ndesign throughput capacity and recoveries over a period of 30 consecutive\ndays. During this period, daily throughput averaged 72% of the plant’s\ndesign capacity, exceeding the Company’s benchmark for commercial\nproduction. This reinforces DPM’s confidence in the stability and\nconsistency of the processing plant and positions Vareš to achieve the full\nproduction run-rate of 850,000 tonnes per annum by year-end 2026.\n\n“Achieving this milestone for Vareš ahead of schedule is a testament to\nDPM’s track record of building, expanding and optimizing mining operations,\nas well as our commitment to unlocking value by investing in our people and\nour assets,” said David Rae, President and Chief Executive Officer of DPM\nMetals.\n\n“From day one, we focused on embedding DPM’s health and safety standards,\ninvesting in training and leadership development of the local team and\ntransferring our proven operating practices, which has laid the foundation for\nVareš to deliver near-term production growth for DPM and long-term value for\nour shareholders.\n\n“I want to congratulate our entire team for their exceptional dedication and\nhard work and extend my sincere gratitude to the communities and stakeholders\nin Bosnia and Herzegovina, whose partnership and continued support have been\ninstrumental to our success.”\n\nBased on production results in the first half of 2026 and continued strong\nperformance, DPM now expects Vareš’ production in 2026 to be at the higher\nend of its guidance range of 105,000 to 130,000 gold equivalent ounces. For\nmore information regarding DPM’s guidance for 2026, refer to the\nmanagement’s discussion and analysis for the period ended June 30, 2026,\navailable on our website at www.dpmmetals.com and SEDAR+ at www.sedarplus.ca.\n\nAbout DPM Metals Inc.\n\nDPM Metals Inc. is a Canadian-based international gold mining company with\noperations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia\nand Ecuador. Our strategic objective is to become a mid-tier precious metals\ncompany, which is based on sustainable, responsible and efficient gold\nproduction from our portfolio, the development of quality assets, and\nmaintaining a strong financial position to support growth in mineral reserves\nand production through disciplined strategic transactions. This strategy\ncreates a platform for robust growth to deliver above-average returns for our\nshareholders. DPM trades on the Toronto Stock Exchange (symbol: DPM) and the\nAustralian Securities Exchange as a Foreign Exempt Listing (symbol: DPM).\n\nFor further information please contact:\n\nJennifer Cameron\nDirector, Investor Relations\nTel: (416) 219-6177\njcameron@dpmmetals.com\n\nCautionary Note Regarding Forward Looking Statements\n\nThis news release contains “forward looking statements” or “forward\nlooking information” (collectively, “Forward Looking Statements”) that\ninvolve a number of risks and uncertainties. Forward Looking Statements are\nstatements that are not historical facts and are generally, but not always,\nidentified by the use of forward looking terminology such as “plans”,\n“expects”, “is expected”, “budget”, “scheduled”,\n“estimates”, “forecasts”, “outlook”, “intends”,\n“anticipates”, “believes”, or variations of such words and phrases or\nthat state that certain actions, events or results “may”, “could”,\n“would”, “might” or “will” be taken, occur or be achieved, or the\nnegative of any of these terms or similar expressions. The Forward Looking\nStatements in this press release relate to, among other things: the\nCompany’s future business plans, objectives, and strategy; anticipated rates\nof production at the Vareš operation; and the anticipated timing for\nachievement of the full run-rate at the Vareš operation.. Forward Looking\nStatements are based on certain key assumptions and the opinions and estimates\nof management, as of the date such statements are made, and they involve known\nand unknown risks, uncertainties and other factors which may cause the actual\nresults, performance or achievements of the Company to be materially different\nfrom any other future results, performance or achievements expressed or\nimplied by the Forward Looking Statements. In addition to factors already\ndiscussed in this news release, such factors include, among others, possible\ninaccurate estimates relating to future production, operating costs and other\ncosts for operations; possible variations in ore grade and recovery rates;\nrisks inherent to mining operations and the mining industry more broadly; , as\nwell as those risk factors discussed or referred to in the MD&A, the Company's\nmost recent Annual Information Form in any other documents filed from time to\ntime with the securities regulatory authorities in all provinces and\nterritories of Canada and available on SEDAR+ at www.sedarplus.ca . The reader\nhas been cautioned that the foregoing list is not exhaustive of all factors\nwhich may have been used. Although the Company has attempted to identify\nimportant factors that could cause actual actions, events or results to differ\nmaterially from those described in Forward Looking Statements, there may be\nother factors that cause actions, events or results not to be anticipated,\nestimated or intended. There can be no assurance that Forward-Looking\nStatements will prove to be accurate, as actual results and future events\ncould differ materially from those anticipated in such statements. The\nCompany’s Forward Looking Statements reflect current expectations regarding\nfuture events and speak only as of the date hereof. Unless required by\nsecurities laws, the Company undertakes no obligation to update Forward\nLooking Statements if circumstances or management’s estimates or opinions\nshould change. Accordingly, readers are cautioned not to place undue reliance\non Forward Looking Statements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/de0e1050-57d3-4588-98c7-47a0e00f1962)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX13s3f1","title":"DPM Metals Announces Commercial Production at Vareš","author":"Globe Newswire","ticker":"DPM","created":"2026-08-17T10:45:00.089Z","tickers":["DPM"],"exchange":"TSX","article_body":"TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX:\nDPM) (ARBN: 689370894) (“DPM” or “the Company”) is pleased to announce\nit achieved commercial production at its Vareš silver-gold mine located in\nBosnia and Herzegovina on August 10, 2026.\n\nDPM achieved commercial production at Vareš by exceeding an average of 60% of\ndesign throughput capacity and recoveries over a period of 30 consecutive\ndays. During this period, daily throughput averaged 72% of the plant’s\ndesign capacity, exceeding the Company’s benchmark for commercial\nproduction. This reinforces DPM’s confidence in the stability and\nconsistency of the processing plant and positions Vareš to achieve the full\nproduction run-rate of 850,000 tonnes per annum by year-end 2026.\n\n“Achieving this milestone for Vareš ahead of schedule is a testament to\nDPM’s track record of building, expanding and optimizing mining operations,\nas well as our commitment to unlocking value by investing in our people and\nour assets,” said David Rae, President and Chief Executive Officer of DPM\nMetals.\n\n“From day one, we focused on embedding DPM’s health and safety standards,\ninvesting in training and leadership development of the local team and\ntransferring our proven operating practices, which has laid the foundation for\nVareš to deliver near-term production growth for DPM and long-term value for\nour shareholders.\n\n“I want to congratulate our entire team for their exceptional dedication and\nhard work and extend my sincere gratitude to the communities and stakeholders\nin Bosnia and Herzegovina, whose partnership and continued support have been\ninstrumental to our success.”\n\nBased on production results in the first half of 2026 and continued strong\nperformance, DPM now expects Vareš’ production in 2026 to be at the higher\nend of its guidance range of 105,000 to 130,000 gold equivalent ounces. For\nmore information regarding DPM’s guidance for 2026, refer to the\nmanagement’s discussion and analysis for the period ended June 30, 2026,\navailable on our website at www.dpmmetals.com and SEDAR+ at www.sedarplus.ca.\n\nAbout DPM Metals Inc.\n\nDPM Metals Inc. is a Canadian-based international gold mining company with\noperations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia\nand Ecuador. Our strategic objective is to become a mid-tier precious metals\ncompany, which is based on sustainable, responsible and efficient gold\nproduction from our portfolio, the development of quality assets, and\nmaintaining a strong financial position to support growth in mineral reserves\nand production through disciplined strategic transactions. This strategy\ncreates a platform for robust growth to deliver above-average returns for our\nshareholders. DPM trades on the Toronto Stock Exchange (symbol: DPM) and the\nAustralian Securities Exchange as a Foreign Exempt Listing (symbol: DPM).\n\nFor further information please contact:\n\nJennifer Cameron\nDirector, Investor Relations\nTel: (416) 219-6177\njcameron@dpmmetals.com\n\nCautionary Note Regarding Forward Looking Statements\n\nThis news release contains “forward looking statements” or “forward\nlooking information” (collectively, “Forward Looking Statements”) that\ninvolve a number of risks and uncertainties. Forward Looking Statements are\nstatements that are not historical facts and are generally, but not always,\nidentified by the use of forward looking terminology such as “plans”,\n“expects”, “is expected”, “budget”, “scheduled”,\n“estimates”, “forecasts”, “outlook”, “intends”,\n“anticipates”, “believes”, or variations of such words and phrases or\nthat state that certain actions, events or results “may”, “could”,\n“would”, “might” or “will” be taken, occur or be achieved, or the\nnegative of any of these terms or similar expressions. The Forward Looking\nStatements in this press release relate to, among other things: the\nCompany’s future business plans, objectives, and strategy; anticipated rates\nof production at the Vareš operation; and the anticipated timing for\nachievement of the full run-rate at the Vareš operation.. Forward Looking\nStatements are based on certain key assumptions and the opinions and estimates\nof management, as of the date such statements are made, and they involve known\nand unknown risks, uncertainties and other factors which may cause the actual\nresults, performance or achievements of the Company to be materially different\nfrom any other future results, performance or achievements expressed or\nimplied by the Forward Looking Statements. In addition to factors already\ndiscussed in this news release, such factors include, among others, possible\ninaccurate estimates relating to future production, operating costs and other\ncosts for operations; possible variations in ore grade and recovery rates;\nrisks inherent to mining operations and the mining industry more broadly; , as\nwell as those risk factors discussed or referred to in the MD&A, the Company's\nmost recent Annual Information Form in any other documents filed from time to\ntime with the securities regulatory authorities in all provinces and\nterritories of Canada and available on SEDAR+ at www.sedarplus.ca . The reader\nhas been cautioned that the foregoing list is not exhaustive of all factors\nwhich may have been used. Although the Company has attempted to identify\nimportant factors that could cause actual actions, events or results to differ\nmaterially from those described in Forward Looking Statements, there may be\nother factors that cause actions, events or results not to be anticipated,\nestimated or intended. There can be no assurance that Forward-Looking\nStatements will prove to be accurate, as actual results and future events\ncould differ materially from those anticipated in such statements. The\nCompany’s Forward Looking Statements reflect current expectations regarding\nfuture events and speak only as of the date hereof. Unless required by\nsecurities laws, the Company undertakes no obligation to update Forward\nLooking Statements if circumstances or management’s estimates or opinions\nshould change. Accordingly, readers are cautioned not to place undue reliance\non Forward Looking Statements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/de0e1050-57d3-4588-98c7-47a0e00f1962)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-17T10:45:00.135731038Z","server_sent_at_ms":1786963500135},"received_at":"2026-08-17T10:45:00.194Z","source_url":"https://www.globenewswire.com/news-release/2026/08/17/3345926/0/en/dpm-metals-announces-commercial-production-at-vareš.html"},"analysis":{"id":"109226","press_release_id":"120238","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"DPM Metals achieved commercial production at its Vareš silver-gold mine in Bosnia on August 10, exceeding the 60% throughput benchmark with an average of 72% over the past 30 days.\n\nThe company is now positioned to reach a full production run-rate of 850,000 tonnes per annum by the end of 2026.\n\nBased on the strong performance, management expects 2026 production to be at the higher end of its guidance range of 105,000 to 130,000 gold equivalent ounces.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Vareš mine reaches commercial production ahead of schedule with throughput exceeding targets."},"keyFigures":{"guidance":"105,000 to 130,000 gold equivalent ounces","customDimensions":{"full_run_rate_tpa":850000,"throughput_avg_percent":"72%","benchmark_threshold_percent":"60%"}},"quotedText":"Achieving this milestone for Vareš ahead of schedule is a testament to DPM’s track record of building, expanding and optimizing mining operations","namedEntities":{"people":[{"name":"David Rae","role":"President and Chief Executive Officer"},{"name":"Jennifer Cameron","role":"Director, Investor Relations"}],"products":["Vareš silver-gold mine"],"companies":[{"name":"DPM Metals Inc.","ticker":"DPM"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"Achieving commercial production is a critical de-risking milestone for a mining company. Exceeding the 60% throughput benchmark (averaging 72%) and reaffirming high-end guidance demonstrates operational execution and revenue generation capability."},"tickerRelevance":{"others":[],"primary":"DPM"},"globalImportance":35,"audienceRelevance":25,"eventTypeSecondary":["guidance_update"],"importanceComponents":{"tickerTier":"mid-cap_miner","eventGravity":"commercial_production_milestone","sectorWeight":"materials"}},"event_type":"operations_update","event_type_secondary":["guidance_update"],"sentiment":"bullish","material_impact_score":4,"narrative":"DPM Metals achieved commercial production at its Vareš silver-gold mine in Bosnia on August 10, exceeding the 60% throughput benchmark with an average of 72% over the past 30 days.\n\nThe company is now positioned to reach a full production run-rate of 850,000 tonnes per annum by the end of 2026.\n\nBased on the strong performance, management expects 2026 production to be at the higher end of its guidance range of 105,000 to 130,000 gold equivalent ounces.","key_figures":{"guidance":"105,000 to 130,000 gold equivalent ounces","customDimensions":{"full_run_rate_tpa":850000,"throughput_avg_percent":"72%","benchmark_threshold_percent":"60%"}},"named_entities":{"people":[{"name":"David Rae","role":"President and Chief Executive Officer"},{"name":"Jennifer Cameron","role":"Director, Investor Relations"}],"products":["Vareš silver-gold mine"],"companies":[{"name":"DPM Metals Inc.","ticker":"DPM"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-17T10:46:11.777Z","global_importance":35,"audience_relevance":25,"importance_components":{"tickerTier":"mid-cap_miner","eventGravity":"commercial_production_milestone","sectorWeight":"materials"}},"durationMs":71497,"modelName":"glm-4.7"}}