DPM Dundee Precious Metals Inc

Dundee Precious Metals Inc. (TSX:DPM)(TSX:DPM.WT)(TSX:DPM.WT.A)  ("DPM" or "the
Company") is pleased to announce that it has today filed a National Instrument
43-101 - Standards of Disclosure for Mineral Projects technical report (the
"Report") on Sedar at www.sedar.com on its Krumovgrad Gold Project: Ada Tepe
Deposit, Bulgaria. 


The Report was prepared in support of a news release issued on November 30, 2011
by the Company announcing the results of the new definitive feasibility study
for the construction and operation of its Krumovgrad gold project undertaken in
cooperation with Lyntek Incorporated, Denver, USA, and Golder Associates,
Montreal, Canada. 


Dundee Precious Metals Inc. is a well-financed, Canadian based, international
gold mining company engaged in the acquisition, exploration, development, mining
and processing of precious metals. The Company's principal operating assets
include the Chelopech operation, which produces a gold, copper and silver
concentrate, located east of Sofia, Bulgaria; the Kapan operation, which
produces a gold, copper, zinc and silver concentrate, located in southern
Armenia; and the Tsumeb smelter, a concentrate processing facility located in
Namibia. DPM also holds interests in a number of developing gold properties
located in Bulgaria, Serbia, and northern Canada, including interests held
through its 51.4% owned subsidiary, Avala Resources Ltd., its 47.7% interest in
Dunav Resources Ltd. and its 11.5% interest in Sabina Gold & Silver Corp.

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