Denarius Metals Corp at Red Cloud Fall Mining Showcase Transcript
Good morning, everyone. Thank you, Red Cloud, for having us here to give you an update on what we're doing in Spain. Forward-looking statement, everyone can take a look at that, if you'd like.
So what is Denarius Metals? We are a polymetallic exploration and development company focused on two assets in Spain. Our flagship asset is the Lomero-Poyatos project that has a 20 million tonne multi-metal historic resource when we took the deposit in -- the company in 2020. And we've since done quite a bit of drilling, our first phase of drilling. And we've then now proved up to 10.6 million tonnes with a multi metal as well. And in October of this year, we actually signed an LOI with an asset in Toral in Northern Spain that has a lead-zinc asset.
Why do we choose Spain? Spain is actually a great place to do business. It has the fourth largest economy in the EU and actually is quite mining friendly. The region that we're in, the Iberian Pyrite, has a lot of major companies, which you'll see in a moment when I show you the map, but it is actually
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