Mine plans and appointment news due8 Aug 2025 16:10
A further month of fieldwork, sampling and modelling studies has been defined with IGH and is required to prepare mine plans for Bonanza and Morrocota. The Company anticipates it will be able to restart production at Tesoro and initiate production at Morrocota approximately two months after completion of the mine plan, subject to the outcome of the study and engagement of a contract mining firm.
In addition, in order to accelerate the development of the tailings cleaning opportunity in Peru, Nativo is in discussions to appoint a Vice President of Tailings for Peru, reporting to Mr Pinedo, who will help accelerate the growth of the tailings deposit inventory. The final award of a feasibility study contract for Toma La Mano, the first optioned tailings project, will be determined in consultation with the new Vice President for Tailings in due course