Echo Energy (GB:ECHO) has released an update.
Echo Energy PLC, through its joint venture Boku Resources, has acquired the Ana Lucia polymetallic concession in Peru, which shows potential for small-scale mining operations with initial work suggesting significant geological potential. Additionally, the company has announced a second drawdown of a convertible loan note, infusing £135,750 in capital after fees. Echo’s strategic move into the Peruvian market aligns with its focus on gold and silver production, including cleaning of tailings with measured resources.
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