Nexa Resources reports drilling strategy for 2023

Nexa’s drilling strategy for 2023 is focused on near-mine expansion brownfield and infill drilling, including the Aripuana, which is in the ramp-up stage. Additional exploratory drilling is also planned for greenfield projects with a favorable perspective. Exploration expenditure and drilling production are running according to budget and schedule. As at the end of the 2Q23, 133,194 meters of cumulative drilling production was carried out, including 41,041 meters of exploratory drilling and 92,153 meters of mining infill drilling. Total exploratory drilling in 2Q23 amounted to 21,607 meters, including 12,029 meters drilled in Peru, 8,699 meters in Brazil, and the remaining 878 meters in Namibia. Exploratory drilling planned for the 3Q23 includes 20,050 meters in Peru with nine rigs, 10,550 meters in Brazil with four rigs, and 4,000 meters in Namibia with two rigs, totaling 34,600 meters.