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DPM Metals Inc. has announced an updated mineral resource and reserve estimate for its Chelopech mine in Bulgaria, extending its operational life to 2036. Proven and probable mineral reserves increased to 23.2 million tonnes, a 42% rise in tonnage, with gold content up 12% and copper content up 10%.

The mine is projected to sustain average production of 160,000 gold equivalent ounces per year, totaling 1.2 million ounces of gold over its life. The update includes the Sharlo Dere prospect and anticipates further exploration drilling results from the Wedge Zone Deep target.