Reported Earnings • May 05
Full year 2025 earnings released: EPS: CA$0.016 (vs CA$0.11 loss in FY 2024) Full year 2025 results: EPS: CA$0.016 (up from CA$0.11 loss in FY 2024). Revenue: CA$2.07m (flat on FY 2024). Net income: CA$1.08m (up CA$8.67m from FY 2024). Profit margin: 52% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Duyuru • Apr 14
Dundee Sustainable Technologies Inc., Annual General Meeting, Jun 04, 2026 Dundee Sustainable Technologies Inc., Annual General Meeting, Jun 04, 2026. Location: quebec, Canada Duyuru • Apr 04
Dundee Corporation (TSX:DC.A) agreed to acquire remaining minority stake in Dundee Sustainable Technologies Inc. (CNSX:DST) for CAD 0.4 million. Dundee Corporation (TSX:DC.A) agreed to acquire remaining minority stake in Dundee Sustainable Technologies Inc. (CNSX:DST) for CAD 0.4 million on April 1, 2026. The consideration will be CAD 0.03 million in cash per share. In case of termination of transaction, Dundee Corporation will pay a termination fee of CAD 0.03 million and None will pay a termination fee of CAD 0.03 million. The Board, having received the unanimous recommendation of the Special Committee and advice from its financial and legal advisors, unanimously determined that the Transaction is in the best interests of the Corporation and fair, from a financial point of view, to the shareholders (other than Dundee and its affiliates), and recommends that shareholders vote in favour of the Transaction at the special meeting of shareholders to be held to approve the Transaction.
The transaction is subject to approval of offer by target shareholders. The Board of Directors of Dundee Sustainable Technologies Inc. formed a special committee for the transaction and unanimously approved the transaction. The transaction is expected to close in the first half of 2026. Reported Earnings • Nov 27
Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.014 loss in 3Q 2024) Third quarter 2025 results: CA$0.002 loss per share (improved from CA$0.014 loss in 3Q 2024). Revenue: CA$645.2k (up 19% from 3Q 2024). Net loss: CA$145.6k (loss narrowed 84% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.022 loss in 2Q 2024) Second quarter 2025 results: CA$0.01 loss per share (improved from CA$0.022 loss in 2Q 2024). Revenue: CA$461.3k (down 29% from 2Q 2024). Net loss: CA$637.4k (loss narrowed 56% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 33% per year. Duyuru • Aug 19
Revival Gold Inc. Announces Promising Outcome from Collaboration with Dundee Sustainable Technologies Revival Gold Inc. announced promising results from a program of metallurgical testing undertaken in collaboration with Dundee Sustainable Technologies to evaluate the effectiveness of DST's Glasslock Process™? on a high-grade sample from the Joss deposit at the Company's Beartrack-Arnett Gold Project ("Beartrack-Arnett" or, the "Project") located in Idaho, U.S.A. GlassLock Process™? testing on high-grade underground sulphide material at Beartrack- Arnett boosted the concentrate gold grade 31% and cut the arsenic content by 99% with almost no loss in gold. DST's GlassLock Process has been successfully tested globally and used at an industrial scale at the Tsumeb smelter facility in Namibia. 3,900-meter core drilling program will be kicked off later this year to continue to test and expand on the high-grade underground potential at Beartrack-Arnets. The DST work was undertaken subsequent to Dundee Corporation's purchase of a strategic stake in Revival Gold and followed up a previously reported flotation testing program on a 4.6 g/T gold composite from the Joss deposit that yielded a flotation concentrate grading 50 g/T gold, 23% sulphide sulphur and 13.5% arsenic. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. R risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Duyuru • Jun 19
Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 14, 2025 Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 14, 2025. Location: quebec, montreal Canada New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 3.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Shares are highly illiquid. Negative equity (-CA$25m). Earnings have declined by 3.0% per year over the past 5 years. Market cap is less than US$10m (CA$10.3m market cap, or US$7.51m). Minor Risk Revenue is less than US$5m (CA$2.1m revenue, or US$1.5m). Reported Earnings • May 07
Full year 2024 earnings released: CA$0.11 loss per share (vs CA$0.034 loss in FY 2023) Full year 2024 results: CA$0.11 loss per share (further deteriorated from CA$0.034 loss in FY 2023). Revenue: CA$2.05m (down 35% from FY 2023). Net loss: CA$7.60m (loss widened 236% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 17
Third quarter 2024 earnings released: CA$0.014 loss per share (vs CA$0.023 profit in 3Q 2023) Third quarter 2024 results: CA$0.014 loss per share (down from CA$0.023 profit in 3Q 2023). Revenue: CA$542.6k (down 52% from 3Q 2023). Net loss: CA$935.8k (down 162% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: CA$0.022 loss per share (vs CA$0.019 loss in 2Q 2023) Second quarter 2024 results: CA$0.022 loss per share (further deteriorated from CA$0.019 loss in 2Q 2023). Revenue: CA$645.7k (down 36% from 2Q 2023). Net loss: CA$1.44m (loss widened 13% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Duyuru • Jun 13
Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 08, 2024 Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 08, 2024. Location: quebec, thetford mines Canada Reported Earnings • May 16
First quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.02 loss in 1Q 2023) First quarter 2024 results: CA$0.019 loss per share (improved from CA$0.02 loss in 1Q 2023). Revenue: CA$687.4k (down 7.8% from 1Q 2023). Net loss: CA$1.29m (loss narrowed 3.1% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 17
Full year 2023 earnings released: CA$0.034 loss per share (vs CA$0.057 loss in FY 2022) Full year 2023 results: CA$0.034 loss per share (improved from CA$0.057 loss in FY 2022). Revenue: CA$3.15m (down 19% from FY 2022). Net loss: CA$2.26m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: CA$0.023 (vs CA$0.014 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0.023 (up from CA$0.014 loss in 3Q 2022). Revenue: CA$1.12m (up 14% from 3Q 2022). Net income: CA$1.51m (up CA$2.43m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Aug 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Shares are highly illiquid. Negative equity (-CA$18m). Market cap is less than US$10m (CA$6.00m market cap, or US$4.46m). Minor Risk Revenue is less than US$5m (CA$3.6m revenue, or US$2.6m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: CA$0.019 loss per share (vs CA$0.015 loss in 2Q 2022) Second quarter 2023 results: CA$0.019 loss per share (further deteriorated from CA$0.015 loss in 2Q 2022). Revenue: CA$1.01m (up 2.5% from 2Q 2022). Net loss: CA$1.28m (loss widened 27% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Board Change • Aug 09
High number of new directors CEO, President & Director Jean-Philippe Mai was the last director to join the board, commencing their role in 2023. Duyuru • Jul 14
Asbestos Corporation Limited (TSXV:AB.H) entered into an agreement to acquire a portion of Operation and Assets Located at its Thetford Mines Technical Facilities from Dundee Sustainable Technologies Inc. (CNSX:DST) for CAD 0.8465. Asbestos Corporation Limited (TSXV:AB.H) entered into an agreement to acquire a portion of Operation and Assets Located at its Thetford Mines Technical Facilities from Dundee Sustainable Technologies Inc. (CNSX:DST) for CAD 0.85 million on July 13, 2023. DST will receive an amount equivalent to CAD 0.847 million, in return for the operation contract and processing plant equipment. DST's Board of Directors has approved the transaction. Duyuru • Jun 02
Dundee Sustainable Technologies Inc., Annual General Meeting, Jul 10, 2023 Dundee Sustainable Technologies Inc., Annual General Meeting, Jul 10, 2023. Board Change • May 12
High number of new directors CEO, President & Director Jean-Philippe Mai was the last director to join the board, commencing their role in 2023. Reported Earnings • May 10
First quarter 2023 earnings released: CA$0.02 loss per share (vs CA$0.012 loss in 1Q 2022) First quarter 2023 results: CA$0.02 loss per share (further deteriorated from CA$0.012 loss in 1Q 2022). Revenue: CA$745.6k (down 31% from 1Q 2022). Net loss: CA$1.33m (loss widened 71% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Duyuru • May 09
Dundee Sustainable Technologies Inc. Announces Board Changes Dundee Sustainable Technologies Inc. announced the resignation of Mr. David Lemieux from its board of directors. Mr. Lemieux has been an active member of the board since June 21, 2021. His departure represents the final step of the transition out of the corporation since his resignation as CEO on September 30, 2022. The Corporation is also appointing Mr. Jean-Philippe Mai to the Board of Directors to fill the vacancy created by Mr. Lemieux's departure. Mr. Mai acts as President and CEO of DST since October 1, 2022. Following this appointment, the Board of Directors is composed of Messrs. Jean-Philippe Mai, Robert Sellars and Mario Jacob (Chair). Messrs. Sellars and Jacob are independent. Reported Earnings • Mar 29
Full year 2022 earnings released: CA$0.057 loss per share (vs CA$0.054 loss in FY 2021) Full year 2022 results: CA$0.057 loss per share (further deteriorated from CA$0.054 loss in FY 2021). Revenue: CA$3.86m (down 11% from FY 2021). Net loss: CA$3.77m (loss widened 11% from FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: CA$0.014 loss per share (vs CA$0.015 loss in 3Q 2021) Third quarter 2022 results: CA$0.014 loss per share (improved from CA$0.015 loss in 3Q 2021). Revenue: CA$987.3k (down 16% from 3Q 2021). Net loss: CA$918.9k (loss narrowed 4.8% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CA$987.3k (down 27% from 2Q 2021). Net loss: CA$1.01m (loss widened 34% from 2Q 2021). Duyuru • Jun 11
Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 08, 2022 Dundee Sustainable Technologies Inc., Annual General Meeting, Aug 08, 2022. Duyuru • May 15
Dundee Sustainable Technologies Inc. Announces Changes to Its Board of Directors Dundee Sustainable Technologies Inc. announced the nomination of Mario Jacob as the new Chairman of its board. Mr. Jacob has been an active and independent member of the board since 2016. As such, he has developed a good understanding of the company, its projects and technologies that will allow him to lead the board diligently. In addition, DST is announcing the resignation of Mr. Hubert Marleau from its Board of directors. Mr. Marleau has recently joined a NASDAQ listed company and as such, was obligated to reduce its involvement as a director in several companies including DST. Reported Earnings • May 10
First quarter 2022 earnings released: CA$0.012 loss per share (vs CA$0.017 loss in 1Q 2021) First quarter 2022 results: CA$0.012 loss per share (up from CA$0.017 loss in 1Q 2021). Revenue: CA$1.08m (up 51% from 1Q 2021). Net loss: CA$774.2k (loss narrowed 28% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Board Change • May 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Me Jacob was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2021 earnings released: CA$0.054 loss per share (vs CA$0.036 loss in FY 2020) Full year 2021 results: CA$0.054 loss per share (down from CA$0.036 loss in FY 2020). Revenue: CA$4.35m (up 35% from FY 2020). Net loss: CA$3.39m (loss widened 153% from FY 2020). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Duyuru • Mar 03
Dundee Sustainable Technologies Inc. announced that it has received CAD 0.635 million in funding Dundee Sustainable Technologies Inc. announced a non-brokered private placement for the issuance of 3,527,777 units at a price of CAD 0.18 per unit for gross proceeds of CAD 635,000 on March 1, 2022. Each unit consists of one subordinate voting share and one share purchase warrant, with each such warrant entitling its holder to purchase a share of the company at CAD 0.31 over a five year period following the closing. All securities issued pursuant to the transaction are subject to regulatory approval and have a hold period of four months from the date of closing. Reported Earnings • Nov 15
Third quarter 2021 earnings released The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$1.17m (up 36% from 3Q 2020). Net loss: CA$965.3k (loss widened 235% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$1.17m (up 36% from 3Q 2020). Net loss: CA$965.3k (loss widened 235% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: CA$0.012 loss per share (vs CA$0.031 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$1.35m (up 29% from 2Q 2020). Net loss: CA$754.3k (loss widened 32% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • May 13
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$713.2k (up 49% from 1Q 2020). Net loss: CA$1.07m (loss narrowed 30% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2020 earnings released The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$3.22m (up 135% from FY 2019). Net loss: CA$1.34m (loss narrowed 76% from FY 2019). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 05
New 90-day high: CA$0.49 The company is up 46% from its price of CA$0.34 on 04 December 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 25% over the same period. Duyuru • Mar 05
Dundee Sustainable Technologies Inc. and Hatch Ltd. Announce Glasslock Technology Framework Agreement Dundee Sustainable Technologies Inc. (‘DST’ or the ‘Corporation’) announced that it has entered into a Technology Framework Agreement (the ‘Agreement’) with Hatch Ltd. (‘Hatch’) for the utilization of DST's arsenic stabilisation technology, known as the GlassLock ProcessTM (‘GlassLock’ or the ‘Technology’), in combination with Hatch's fluid bed roasting and arsenic dry scrubbing technologies, on gold and arsenopyrite projects. The objective of the Agreement is to synergise Hatch's extensive client base, commercialization and marketing expertise, fluid bed roasting and arsenic dry scrubbing technologies, and large-scale equipment engineering, supply, procurement, and life cycle services capabilities with DST's innovative Technology to identify and develop potential gold and arsenopyrite projects using GlassLock. Is New 90 Day High Low • Feb 10
New 90-day high: CA$0.45 The company is up 48% from its price of CA$0.30 on 11 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 83% over the same period. Duyuru • Jan 28
Dundee Sustainable Technologies Inc. Signs Contract with Quebec Developer for Arsenic Stabilisation Test Work Using its GlassLock Process Dundee Sustainable Technologies Inc. announced that it has entered into an agreement with a Canadian gold developer (the Developer) to conduct arsenic vitrification test work using its GlassLock ProcessTM ("GlassLock" or the Technology) on legacy arsenic trioxide material from a gold project located within the Abitibi Region of Québec (the Project). DST and the Developer discussed the technical feasibility and interest, by the Developer, to evaluate the applicability of the GlassLock ProcessTM on arsenic bearing roaster dusts from the Project. The Project is host to approximately 2,500 tonnes of arsenic bearing dusts. The arsenic concentration within the dusts is known to be between 40 and 60%, mostly in the form of arsenic trioxide. The arsenical dusts also contain a gold content up to 10 g/t of gold. The gold recovery will be investigated, qualified, and quantified as a mean of offsetting the remediation costs associated with the stabilisation of the arsenic. As part of the Developer's environmental compliance plan/policy, the arsenic bearing dusts represent an important liability and there is a requirement for them to be safely and permanently remediated. In December 2020, over 300 kg of the Project arsenic dusts were received at DST's technical facilities for the test work program. The goal of this testing program is to identify the set of conditions for the gold recovery and the successful stabilisation of arsenic using DST's Technology. The GlassLock ProcessTM, developed and patented by DST, is designed for the permanent sequestration of arsenic in a stable glass form. DST successfully demonstrated its Technology at laboratory, pilot and industrial scales. In these demonstrations, arsenical material was processed and generated vitrified arsenical glass, containing up to 20% arsenic while meeting the United States Environmental Protection Agency's (EPA) toxicity characterization leaching procedure (TCLP, Method 1311). The test work program has commenced in January 2021 and is expected to be completed within an 8-week period. Duyuru • Dec 19
Dundee Sustainable Technologies Inc. Announces Licensing Agreement with Newmont Corporation Dundee Sustainable Technologies Inc. entered into a Technology Transfer Licensing Agreement with Newmont Corporation for the utilization of DST's cyanide free gold extraction, known as the CLEVR ProcessTM . As part of the Agreement, DST and Newmont, agreed to: A two (2) year, non-exclusive license for the utilisation of CLEVR at the laboratory scale in its Colorado technical facilities with an option to renew, for an additional two (2) year period under the same terms; Technology implementation support by DST, including all Technology laboratory protocols in addition to technical training sessions to initiate and support the Technology transfer and practical operations; Ongoing Technology support and for DST to review the laboratory test plans, execution, and results conducted by Newmont; and Any process scaling-up requirements, resulting from positive applications of CLEVR, will be conducted jointly with Newmont at DST's technical facilities in Canada and/or onsite using DST's Technology and engineering group expertise. The objective of the Agreement is to facilitate the adoption, understanding and application of CLEVR on various gold projects being, or to be, developed by Newmont. The Agreement has been executed on November 25, 2020. Is New 90 Day High Low • Dec 18
New 90-day high: CA$0.45 The company is up 27% from its price of CA$0.35 on 18 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 38% over the same period. Duyuru • Dec 15
Dundee Sustainable Technologies Inc. Announces Successful Processing of 150 Tonnes, as Part of A 3,800 Tonnes Program Dundee Sustainable Technologies Inc. announced it has successfully completed the processing of 150 tonnes of complex material at its treatment facilities in Thetford Mines, Canada. The 150 tonnes campaign represent the first phase of 3,800 tonnes tolling agreement of the Material at DST's facilities in Thetford Mines in 2021. The Material is an active by-product generated by aluminium smelters. The active nature of the Material is creating an environmental liability and a necessity for the Material to be remediated. For this reason, DST was awarded a first contract to develop a deactivation process to inert the active Material. The processing of the 3,800 tonnes of Material is expected to be executed over a 2-year period and to generate revenues for the Corporation. The processing of the 3,800 tonnes of Material is expected to start in first quarter of 2021. Duyuru • Nov 27
Dundee Sustainable Technologies Inc. Announces Piloting Program on 270 G/T Gold Material Dundee Sustainable Technologies Inc. announced a piloting test program at its facilities in Thetford Mines, Canada. The piloting program is conducted on material from a Senior Canadian Gold Mining Company and administrated by an International Metal Trading Company with whom DST executed the Piloting agreement. The Piloting will be conducted on a ~3-tonne sample of high-grade gold material (the "Material") produced by the Gold Miner. The Material is known to contain 270 g/t of gold, on average, with a minimum of 25 g/t and a maximum of 1,900 g/t of gold, along with >500 g/t of silver and up to 1% of asbestos. The Program's objective is to confirm the successful and complete destruction of asbestos contained in the Material at the pilot scale using DST's technical and processing capacities. The Program also aims to define the terms and conditions associated with an industrial tolling agreement of the Material at DST's facilities in Thetford Mines in 2021 for more than 200 tonnes of similar material. The piloting work will be conducted at DST's facilities in Thetford Mines, Quebec, where previous laboratory work on the Material identified that it is amenable to produce a clean gold product. Duyuru • Oct 06
Dundee Sustainable Technologies Inc. Announces Metallurgical Test Program with a Global Gold Producer on Material from its Gold Producing Operation Located in Brazil Dundee Sustainable Technologies Inc. announced a metallurgical test program with a global gold producer (the "Gold Producer") on material from its gold producing operation located in Brazil (the "Project"). This test work is intended to develop an optimal process flowsheet for the recovery of gold using the CLEVR ProcessTM and for the removal and stabilisation of arsenic using the GlassLock ProcessTM. The Project material has been sent by the Gold Producer and received at DST technical and industrial complex located in Thetford Mines, Quebec. The samples (>30 kg) consist of arsenic bearing streams and high-grade gold concentrate produced and treated at the Gold Producer's operations in Brazil. 