MEDIA RELEASE
January 10 2008 - 4:07PM
Marketwired
TORONTO, ONTARIO (TSX: DPM.WT), in connection with an accident
at its underground mine in Armenia.
"Deno Gold Mining Company CJSC (the "Company"), a subsidiary of
Dundee Precious Metals Inc., regrets to announce that on the night
of January 9, 2008 a tragic accident occurred in the northern area
of the Shahumyan underground mine in Kapan, Armenia. Two miners
have been affected by the accident; one was recovered dead at the
scene and the other miner was injured and has been transported to
the medical centre of Kapan where he is conscious and receiving
medical attention.
The affected area of the mine has been isolated and the
Company's health and safety team, together with the Armenian
National Centre of Technical Security, is fully investigating the
incident.
The Company would like to take this opportunity to express its
deepest condolences to the family and friends of the deceased and
to all employees of the mine who have lost a valued colleague."
Contacts: DUNDEE PRECIOUS METALS INC. Jonathan Goodman President
& Chief Executive Officer (416) 365-2408 Email:
jgoodman@dundeeprecious.com DUNDEE PRECIOUS METALS INC. Gabriela M.
Sanchez Vice President Investor Relations (416) 365-2549 Email:
gsanchez@dundeeprecious.com
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