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Nativo Resources Advances Bonanza Mine Operations and Identifies New Mining Opportunities

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Nativo Resources Advances Bonanza Mine Operations and Identifies New Mining Opportunities

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Echo Energy ( (GB:NTVO) ) has provided an announcement.

Nativo Resources plc has announced significant progress in its operations at the Bonanza Gold Mine in Peru. The company has completed a surface trenching program and is advancing mine access rehabilitation, aiming to resume small-scale mining by year-end. Additionally, Nativo has identified five new ore shoots with potential for further mining capacity, enhancing its strategic positioning in the gold mining industry.

More about Echo Energy

Nativo Resources plc is a gold-focused mining company with interests in Peru. The company is involved in primary gold mining, gold ore processing, and the recovery of gold from tailings. Nativo is focused on scaling operations on the Tesoro Gold Concession, particularly at the Bonanza and Morrocota mines, and plans to use portions of free cash flow and future fundraises for Bitcoin purchases as a long-term treasury reserve asset.

Average Trading Volume: 26,177,952

Technical Sentiment Signal: Strong Sell

Current Market Cap: £1.93M

Find detailed analytics on NTVO stock on TipRanks’ Stock Analysis page.

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