Nativo Resources Raises £300,000 to Boost Gold Mining Operations in Peru
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Fiona Craig
PUBLISHED:
30 May 2025 @ 18:16
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Nativo Resources Plc (LSE:NTVO) has secured £300,000 through the issuance of 315,000 interest-free convertible loan notes. This capital injection is aimed at supporting the company’s ongoing gold mining activities in Peru, including restarting production at the Bonanza site and initiating operations at Morrocota. Additionally, the funds will help advance a feasibility study focused on gold and silver recovery from tailings deposits.
This financial boost is expected to strengthen Nativo’s operational capacity and enhance its competitive position within the Peruvian gold mining sector.
About Nativo Resources Plc
Nativo Resources focuses on gold exploration and mining projects in Peru, holding a 100% stake in the Morrocota Gold Mine through a joint venture. The company is developing plans to establish a dedicated gold ore processing facility and is actively pursuing opportunities to extract precious metals from existing regional tailings, aiming to maximize resource efficiency.
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