07:26 AM EDT, 03/27/2020 (MT Newswires) -- Euro Sun Mining Inc. (ESM.TO) said overnight Thursday that the COVID-19 crisis may have "minimal" impact on the development of the Rovina Valley gold and copper project in Romania.

The company said it has two key milestones in progress for completion or substantial completion in 2020. The two targeted deliverables include the Construction Permit and the Definitive Feasibility Study. While the current global COVID-19 crisis may have an impact on timing that currently is hard to predict, but the company is confident that any delays "may be minimal." It added that ehese deliverables are ":significant risk reduction events for Euro Sun and should have a materially positive effect on the company."

Rovina Valley hosts Europe's second largest gold deposit with reserves of about 10 million ounces of gold equivalent.

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