08:46 AM EDT, 10/09/2025 (MT Newswires) -- DPM Metals ( DPMLF ) , which gained 3.6% and hit 52 week highs yesterday, announced Thursday preliminary production results for the three and nine months ended September 30, 2025.

"The integration of Vares into our operating portfolio is proceeding well. As we advance our priorities to achieve full production at Vares by the end of 2026, we continue to be excited about the growth potential of this high-quality asset," said David Rae, president and chief executive officer.

He added: "We continue to deliver solid, consistent results from our operations, with gold and copper production increasing in the third quarter as planned. Both mines are on track to achieve our 2025 guidance."

On production highlights, DPM noted Chelopech produced approximately 44,300 ounces of gold and 7.8 million pounds of copper during the third quarter, with gold grades increasing during the quarter, in line with the mine plan. Chelopech is on track to achieve its 2025 production guidance, it said.

It also noted Ada Tepe increased gold production in the third quarter as anticipated, producing approximately 19,400 ounces of gold. Ada Tepe is on track to achieve its gold production guidance for the year, it added.

DPM noted on September 3, 2025, it completed the acquisition of Adriatic Metals, integrating the Vares operation into its portfolio. It said: "Integration activities have progressed well, and DPM continues to advance its priorities for Vares with a focus on achieving an 850,000 tonne per year operating rate by year-end 2026."

DPM added: "The integration team immediately started introducing DPM's health and safety practices and transforming local personnel training programs and stakeholder engagement activities. These initial steps are integral to the company's priorities of driving the decline to the bottom of the orebody and progressing the construction of the paste backfill plant in 2026."

The company plans to release its third quarter 2025 operating and financial results after market close Thursday, November 13, 2025.