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An update from Echo Energy ( (GB:NTVO) ) is now available.
Nativo Resources plc has signed an option agreement through its joint venture Boku Resources SAC to evaluate and potentially process the Toma La Mano tailings dump in Peru for gold and silver recovery. This initiative aims to address environmental liabilities associated with historical mine tailings while offering a low-cost, low-risk strategy for resource extraction. The project is part of a broader plan to implement similar tailings cleaning projects across Peru, leveraging favorable gold prices and modern technology for scalable operations.
More about Echo Energy
Nativo Resources plc is engaged in gold mining and exploration projects in Peru. The company operates through a 50:50 joint venture with a local partner, focusing on scaling operations at the Tesoro Gold Concession and has plans to establish its own gold ore processing plant. Nativo also holds interests in the Morrocota Gold Mine and the Ana Lucia Polymetallic concession, with strategies to exploit tailings deposits for gold recovery.
YTD Price Performance: -10.0%
Average Trading Volume: 496,154
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £974.2K
See more insights into NTVO stock on TipRanks’ Stock Analysis page.