RE: π₯π₯ L211 Aug 2025 18:23
My fair maiden alas NTVO did more today and so I bid that this is the wrong board to be commenting this info. Back to Nativo Tesoro Gold Concession
operations at Bonanza and Morrocota mines with internal estimates of greater than 213,000 oz contained Au
. Mining and sales from Bonanza shaft initiated Dec-24
whixch focused on high grade mineralised veins (on pause at mo)...
First shipment averaged 63.6 g/t Au, recovery rates over
90%
. Currently developing optimised mine plan to resume operations with
contract mining company. A Gold Ore Processing Plant has been mooted...
Increasing margins vs tolling plant
. They have secured permits for a plant 45km from Tesoro which will cost $500k
capex, 20kg AuEq/month at >15% margin.
With regards to the tailings there are 7 tailings dumps from historical/ongoing
polymetallic mining which contain gold/silver
with an internal combined estimate from 2023 work of 4.9 Mt for
243,000 oz AuEq. The first
deposit signed up in March 2025, 1.8Mt
. Environmental liabilities for owners β will be redeposited in
line with legislation while extracting gold/silver.
The Ana Lucia Polymetallic Concession has 17 quartz-tourmaline breccias developed over an inferred
porphyry system
. Formerly Hochschild
, the surface sample grades are at 0.6 g/t Au, 20 g/t Ag, 0.2% Pb.
Between the mines and the tailings in this gold environment, should be a nice little money maker for the company and shareholders alike.