LONGUEUIL, QUEBEC — (Marketwired) — 11/25/13 — Dunav Resources Ltd. (TSX VENTURE: DNV) (the „Company“ or „Dunav“) is pleased to present an exploration update on the Bakrenjaca epithermal system located approximately 3 km south of the Kiseljak copper-gold porphyry deposit in Southern Serbia. The Bakrenjaca epithermal system is divided into a northern area („Gubavce“) and a southern area („Bakrenjaca“).
Diamond drill core has been prepared at the laboratory facility the SGS managed laboratory facility at Bor and assayed at the SGS managed laboratory at Bor. Trench and diamond drill samples have been assayed for gold by 50 gram fire assay with an AAS finish whilst copper, silver, lead, zinc and molybdenum have been analysed using an aqua regia digest with either an AAS or ICPMS finish. A one metre sampling interval has been used where possible for the Tulare Copper-Gold Porphyry Project diamond drilling program. Half core is routinely submitted to the laboratory for analysis. Reverse circulation drill samples have been prepared at the laboratory facility at Bor and assayed at the laboratory at Bor. A one meter sampling interval has been used for the Tulare Project reverse circulation drilling program. Following Dunav standard quality assurance procedures, a full suite of field and laboratory duplicates and replicates along with internationally accredited standards and blanks, have been submitted with each batch of samples. At the SGS managed assay facility in Bor, analysis of drill or trench samples for gold is routinely carried out using a 50g fire assay charge with an AAS finish. Silver, lead, zinc and copper are analyzed using an aqua regia digest (0.3g charge) followed by either an AAS or ICP-MS finish. Sulfur is analyzed using an Eltra combustion furnace (0.2g charge).
The metallurgical testwork has been managed and reviewed by an independent qualified person Dr. Deepak Malhotra, SME-Registered Member and President of Resource Development Inc. (RDi). Dr. Malhotra of RDi has reviewed and approved the contents of this press release.
Dr Julian F. H. Barnes, a qualified person under NI 43-101, the Company-s Special Consultant, has approved the preparation of the technical data in this press release.
About Dunav Resources Ltd.: Dunav Resources is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Serbia. The Tulare Copper-Gold Porphyry Project is located in southern Serbia, approximately 230 km from Belgrade and 70 km from the regional centre of Nis. Access to the project is excellent via sealed roads. Additional information about the Company is available on SEDAR at and at .
Dunav had approximately $9.5 million in its treasury at September 30, 2013. Dunav-s issued and outstanding share capital totals 175,319,442 common shares, of which approximately 45.5% is held by Dundee Precious Metals Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Statement
This press release contains forward-looking statements and information. In particular, this press release contains statements concerning exploration results and geological interpretation, planned exploration and development programs, results of drilling and metallurgical testing, and the geological and economic potential of the Tulare Project. Readers should not place undue reliance on forward looking information. By its nature, forward-looking information involves a variety of assumptions, known and unknown risks and uncertainties, and other factors, all of which may cause actual results or events to differ materially from those anticipated in the forward-looking information. Specifically, the Company-s plans regarding Bakrenjaca may be postponed or changed following the review of the economic potential of the project. Although the Company believes, in light of all circumstances, that the expectations reflected in this forward-looking information are reasonable, the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Figures 1 to 4 and tables 1 and 2 are available at the following link:
Contacts: Dunav Resources Ltd. James Crombie, President and Chief Executive Officer +1.450.640.0810
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