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Denarius Metals Corp. has announced a joint venture with ProGrowth Ltd. to explore mining opportunities in Saudi Arabia. This partnership aims to establish processing and commercialization arrangements for Denarius' Lomero and Toral projects in Spain.

Additionally, the collaboration will focus on acquiring and developing gold and nickel mining concessions in Saudi Arabia. Denarius Metals currently operates mining projects in Colombia and Spain, with a processing plant in Colombia set to begin producing concentrates by Q3 2026.