Echo Energy (GB:NTVO) has released an update.
Nativo Resources Plc has reported promising results from its Tesoro Gold Concession in Peru, with high-grade assay findings of up to 27 grams per tonne of gold from its Bonanza shaft. The joint venture with Boku Resources is accelerating mine development to increase gold production, aiming for significant growth by scaling operations and potentially achieving up to 64 tonnes of vein material per day by late 2025. Initial revenue from gold sales will be reinvested to further enhance mine infrastructure and production capacity.
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