Toronto, October 8, 2009 - Dundee Precious Metals Inc. (TSX: DPM; DPM.WT; DPM.WT.A) (the “Company” or “DPM”) will be holding an analyst call to present its Third Quarter 2009 Financial Results on Thursday, November 5, 2009 at 8:30 a.m. (EST).  The call will be hosted by Jonathan Goodman, President and Chief Executive Officer, who will be joined by Stephanie Anderson, Executive Vice President and Chief Financial Officer.

The call will be webcast live (audio only) at: 
http://events.digitalmedia.telus.com/dundee/110509/index.php

The corresponding press release and financial statements will be issued prior to the call and posted on the Company’s website at www.dundeeprecious.com.

Dundee Precious Metals Inc. is a Canadian based, international mining company engaged in the acquisition, exploration, development and mining of precious metals.  DPM owns the Chelopech Mine, a producing gold/copper mine, and the Krumovgrad Gold Project, a mining development project, both located in Bulgaria, as well as a 95% interest in the Kapan Mine in Armenia.  In addition, it is engaged in mineral exploration activities in Serbia.

For further information please contact:

DUNDEE PRECIOUS METALS INC.

Jonathan Goodman
President & Chief Executive Officer
Tel: (416) 365-2408
Email: jgoodman@dundeeprecious.com

Lori Beak
Vice President, Investor Relations
and Corporate Secretary
Tel: (416) 365-5164
Email: lbeak@dundeeprecious.com