Deep-South amends agreement to acquire outstanding interest in the Haib Copper deposit in Namibia
Vancouver, B.C., Canada – June 30, 2020 – Deep-South Resources Inc. (“Deep-South” or “the Company“) (TSX-V: DSM, FRA: DSD) announced today that Teck Namibia Ltd. (“Teck”), a wholly owned subsidiary of Teck Resources Limited, and Deep-South have agreed to amend the sale agreement (the “Sale Agreement”) dated February 14, 2017 whereby Deep-South acquired Teck’s interest […]
Deep-South confirms SEDAR filing of its updated Preliminary Economic Assessment report on Haib Copper in Namibia.
Vancouver, B.C., Canada – May 28, 2020 – Deep-South Resources Inc. (“Deep- South” or “the Company“) (TSX-V: DSM, FRA: DSD) announced today that the Preliminary Economic Assessment report (PEA) on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible at www.sedar.com and on the Deep-South website. About Deep-South Resources […]
Deep-South’s PEA shows robust economics – Pre-Tax NPV us$ 977 million; IRR 30.1% at $2.50 per lb of Copper
The deposit showed to be amenable to Bio-heap leaching; Throughput of 20 Mtpa Copper recovery of 80% Production of 35,332 tpa copper cathodes and 51,080 tpa copper sulfate; Copper price US $ 2.50 per lb: after-tax NPV US $ 611 million; IRR: 22.7%; Low Capex at US $341 million; Low-strip ratio at 1.41:1 Pre-tax payback: […]
Deep-South appoints Paul Smith as Chief Operating Officer and Jean-Luc Roy as Chief Expertise Officer
Vancouver, B.C., Canada – April 27, 2020 – Deep-South Resources Inc. (“Deep- South” or “the Company“) (TSX-V: DSM – Frankfurt: DSD) announces that it has appointed Mr. Paul Smith as Chief Operating Officer (COO) and Jean-Luc Roy as Chief Expertise Officer (CXO). With the CEO, they have formed an Executive Committee that will overview development […]
Deep-South Has Closed a Private Placement and Advanced the Updated 2018 PEA
Vancouver, B.C., Canada – April 2, 2020 – Deep-South Resources Inc. (“Deep- South” or “the Company”) (TSXV:DSM) announces that it has closed a private placement totaling $67,400. The private placement has been subscribed by insiders of the Company. The non-brokered private placement comprises 1,348,000 units (the “Units”) of Deep- South, at a subscription price of $0.05 […]
Deep-South Appoints Paul Smith as Director and Chantelle Collins as CFO and accept the resignation of Ryan Cheung and grant options
Vancouver, B.C., Canada – February 26, 2020 – Deep-South Resources Inc. (“Deep- South” or “the Company“) (TSX-V: DSM – Frankfurt: DSD) announces that it has appointed Mr. Paul Smith to its Board of Directors and has appointed Ms. Chantelle Collins as Chief Financial Officer (“CFO”). Mr. Ryan Cheung has resigned as Director and CFO. Mr. […]
Deep-South appoints Ernest Mast on its advisory board
Vancouver, B.C., Canada – February 18, 2020 – Deep-South Resources Inc. (“Deep-South” or “the Company”) (TSX-V: DSM) announces that it has appointed Ernest Mast to its newly formed Advisory Board. Mr. Mast has 30 years of experience in various technical and executive roles in the mining industry, across a wide range of commodities, geographies and development […]
Deep-south changes its symbol for “DSD” on the Frankfurt Exchange and will attend the Mining Indaba conference in Cape Town, South Africa
Vancouver, B.C., Canada – January 29, 2020 – Deep-South Resources Inc. (“Deep- South” or “the Company“) (TSX-V: DSM) announces that it has changed its trading symbol on the Frankfurt Exchange. The new symbol is “DSD” and is effective immediately. Mining Indaba Deep-South will attend the “Investing in African Mining Indaba Conference” in Cape Town, South […]
Deep-South has closed a second tranche of its Private Placement
Vancouver, B.C., Canada – January 22, 2020 – Deep-South Resources Inc.(“Deep- South” or “the Company”) (TSX-V: DSM) announces that it has closed a second tranche totaling $319,000 of its current private placement. Deep-South has previously closed a first tranche totaling $267,300 of its current private placement. Please see the press release of December 23, 2019. The […]
Deep-South Has Closed a First Tranche of Its Private Placement and Will Update Its 2018 PEA
Vancouver, B.C., Canada – December 23, 2019 – Deep-South Resources Inc. (“Deep- South” or “the Company”) (TSXV:DSM) announces that it has closed a first tranche totaling $267,300 of its current private placement. A second closing will be completed on January 8, 2020. The non-brokered private placement comprises 5,346,000 units (the “Units”) of Deep- South, at a […]
