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Echo Energy ( (GB:NTVO) ) has shared an announcement.
Nativo Resources Plc has announced updates on its operations at the Bonanza Gold Mine in Peru. Temporary access to the mine has been established, allowing for stability assessments and sample collection. The appointment of a mining contractor is expected soon, with operations commencing in January 2026, despite minor delays due to high activity levels in Peru’s mining sector. Upgrades to the central operations camp are underway to support increased personnel capacity. Geological studies continue, with preliminary findings indicating potential new mining zones. The company remains on track to resume small-scale mining in early 2026, with plans to expand production capacity in the future.
More about Echo Energy
Nativo Resources Plc is a gold-focused mining company with interests in Peru. The company engages in primary gold mining, gold ore processing, and the recovery of gold from tailings. It has acquired or optioned several projects for development and aims to expand its operations. Nativo’s immediate goal is to scale operations on the Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Additionally, the company plans to allocate portions of its free cash flow and future fundraises to Bitcoin purchases as a long-term treasury reserve asset.
Average Trading Volume: 20,584,031
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.8M
For a thorough assessment of NTVO stock, go to TipRanks’ Stock Analysis page.