A gold and copper asset with proven resources is hugely undervalued
Catching wind of the latest investment opportunity, before anyone else, is such a great feeling. Nowadays with investing ability at our fingertips and news streams firing 24/7, it can often feel like we’re late to the party. But every now and again a little-known gem appears as if from nowhere. And that’s what it feels like when reading about Euro Sun Mining.
Once the market takes notice of this UNDERVALUED gold and copper mining investment opportunity, look out, because by then it will be too late to get in at the rock-bottom price displayed today.
Seriously, you don’t want to miss out.
There are so many great reasons to invest in Euro Sun Mining, but the number one reason is the sheer size of the resource compared to its unbelievably low valuation. Euro Sun has already drilled over 150,000 meters to discover the extent of gold and copper in the depths of the deposits. And this has illuminated an outstanding 10 million ounces of gold and 1.5 billion pounds of copper available for the taking. This is high-quality ore with gold thoroughly dispersed throughout the deposits.
Read on to understand the extent of this fantastic wealth-generating opportunity.
The Rovina Valley in Romania has been producing large quantities of gold and copper since 1974. And here junior mining company Euro Sun Mining now sits on a proven quantity of gold and copper, 100% owned by the company.
In an unusual twist to a usual mining tale, the company has the goods, but is awaiting the regulatory sign offs to get the go-ahead to mine. This makes it a very exciting investment opportunity because once the environmental permitting goes through, the potential upside is explosive!
Reason for investor confidence
Romania is not a rich country, but it’s operating within the European Union, which makes it less of a risky jurisdiction than many alternative mining projects.
Euro Sun is sitting on such a big resource that the likelihood of permitting seems a no brainer. It will bring infrastructure, many jobs, and economic security to a region that’s seen its fair share of economic troubles.
The Romanian government already awarded Euro Sun its Exploitation and Mining licences in November 2018. And to have come so far, it’s unlikely the government would want to stall production at this late stage. The rewards are simply too great to ignore.
Romania’s extensive mines were a major part of its culture and a symbol of its industrial strength. This is a part of its cultural heritage the country is incredibly proud of and keen to preserve. With jobs scarce and emigration rife, it remains a vital part of the economy.
Euro Sun Mining’s recent definitive feasibility study shows extensive potential with the chance to process 21,000 tonnes of commodity per day, incorporating simple flotation and dry stack tailings. This would result in Phase 1 production of over 1.3 million ounces of gold and 400 million pounds of copper (185k tonnes) over 16.8 years.
Scott Moore, Euro Sun’s CEO states,
“The 2021 Definitive Feasibility Study highlights a positive economic project for our initial phase of development at the Rovina Valley Project. An expanded life of mine to almost 17 years coupled with a conservative metal price model has delivered an NPV almost 100% higher than the PEA of 2019.”
The CEO and investors are excited and reassured by this study because it highlights a much greater level of confidence in the potential to build out this project at a lower cost than expected.
With gold and copper spot prices currently more favourable than the study determined, this almost doubles the NPV again. Further leveraging a major money-spinning opportunity for shareholders.
Download our exclusive report on why Euro Sun Mining could be sitting on the biggest steal in the EU
Trading at a massive discount to value
Euro Sun’s Rovina Valley Project comprises three gold-copper porphyry systems, Rovina to the North, Colnic Central, and the Ciresata deposit to the south. This is an area that’s enjoyed mining production for decades, even dating back to Roman times. Thus, it’s well equipped for a new mine and has the necessary road, and rail infrastructure in place, and nearby power ready to switch on.
Plus, it has two international airports less than 180km from the project location. With the nearby town of Brad 5km from the project site, it offers a substantial source of local skilled labour at the ready.
Moreover, Euro Sun Mining has the proof it can continue to mine the region successfully. Its feasibility study of the Colnic and Rovina open pits shows the company owns an abundance of gold and copper. Specifically, retrieving at least 106,000 ounces of gold and 19 million pounds of copper per annum is readily achievable.
The company has compiled decades of historical data, accurately leveraging this to establish the most lucrative targets to focus on within its three intricate and extensive porphyry systems.
Euro Sun Mining has done the hard part in finding a wealth of gold and copper. Now it’s building a gold mine in the heart of the beautiful Rovina Valley. Here it intends to develop this outstanding European gold asset into an enviable producing mine.
And it’s not the massive challenge it may at first seem. Indeed, the Rovina Valley project is in the “Golden Quadrilateral”, widely considered one of Europe’s largest gold-producing regions. In fact, this is the second largest undeveloped mining project in the continent. Now that’s something for investors to get excited about!