06:27 AM EDT, 06/12/2024 (MT Newswires) -- Dundee Precious Metals ( DPMLF ) overnight Tuesday said it has filed a technical report for its 100%-owned Coka Rakita gold project in Serbia.

The report supports the preliminary economic assessment for Coka Rakita completed in April. Based on project economics outlined in that assessment, Dundee will continue to accelerate the project and is advancing to a pre-feasibility study targeted for completion in the first quarter of 2025.

Dundee's share price fell 0.9% to $10.81 on Tuesday.