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Nexa Resources Achieves 92% of 2024 Drilling Plan, Eyes Expansion

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Nexa Resources Achieves 92% of 2024 Drilling Plan, Eyes Expansion

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Nexa Resources SA ( (NEXA) ) has provided an announcement.

Nexa Resources reported its 2024 drilling results, achieving 92% of its planned exploration activities. The company completed 63,779 meters of exploration drilling, focusing on expanding its mineral portfolio and the future extension of mine life. Significant mineralization was confirmed at several sites, including Cerro Lindo, Aripuanã, Vazante, and El Porvenir. For 2025, Nexa plans to drill a total of 82,340 meters, with a majority of activities concentrated in Peru.

More about Nexa Resources SA

Nexa Resources S.A. is a company involved in the mining industry, focusing on the exploration and extraction of zinc, lead, copper, silver, and gold. It is engaged in near-mine expansion, brownfield and infill drilling, and exploring promising greenfield projects, with a market focus on extending the life of its mines and expanding its mineral portfolio.

YTD Price Performance: -19.86%

Average Trading Volume: 123,218

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $781.4M

Learn more about NEXA stock on TipRanks’ Stock Analysis page.

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