05:27 PM EDT, 09/30/2025 (MT Newswires) -- Dundee Precious Metals (DPM.TO), after trade Tuesday, released an updated feasibility study and permitting update for its Loma Larga project in Ecuador.

Key results from the study show an after-tax net present value (NPV) of US$488 million with an internal rate of return (IRR) of 18.1%, based on gold at US$1,900 per ounce, silver at US$27.50 per ounce, and copper at US$4 per pound, the company said.

The project is expected to generate strong margins, with a life-of-mine average all-in sustaining cost of US$873 per ounce of gold sold, the company said, adding that "Loma Larga has been designed in line with the highest environmental and water management standards."

The company also said it has paused its planned 23,000-meter drilling program, which was set to begin in the second half of the year. The move comes after some stakeholders in the nearby city of Cuenca raised concerns about the project's environmental impact.

The company received its environmental licence from the Ministry of Environment, Water, and Ecological Transition in the second quarter of 2025, according to the statement.

"The company will continue to engage with stakeholders to address their concerns, and work with the government to understand its expectations for resuming DPM's planned activities," it added.