Echo Energy (GB:ECHO) has released an update.
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Echo Energy PLC, in partnership with Boku Resources, is advancing the development of the Tesoro Gold Concession in southern Peru, targeting early cash flow from gold production. The company has begun preparing two mining blocks and estimates readiness for mining within 15 weeks, with an initial 13,000 kg of gold-bearing material already set to generate early revenue. Echo is also transitioning to Nativo Resources plc, and will continue trading on AIM under this new identity.
For further insights into GB:ECHO stock, check out TipRanks’ Stock Analysis page.