Echo Energy (GB:ECHO) has released an update.
Echo Energy PLC’s 50%-owned joint venture, Boku Resources, is advancing operations at the Tesoro Gold Mine in southern Peru, producing 1-2 tonnes of mineralized material per day with plans to increase to 10 tonnes per day. Boku is also collaborating with the adjacent Termopilas mine to enhance production and negotiate better commercial terms. The installation of a new crushing unit is expected to optimize ore grades and recovery rates, contributing to more efficient logistics and increased gross income.
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