Nativo Resources announces major milestone at Tesoro Gold Mine
Published before Will Oweneditor
Global Mining Review,
Nativo Resources plc, which has interests in precious metals mining and production in Peru, provided an update on the Tesoro Gold Mine in southern Peru, which is owned by the company’s 50%-owned Peruvian joint venture, Boku Resources SAC.
Boku made its first mineral sale of a batch of 42,973 tons of ore, of which 10 tons were produced exclusively from the “Bonanza” vein in the first block. The batch had an average grade of 15.6 g/t gold and was sold to a local gold ore processing plant in the Arequipa region.
It is worth noting that the 10 tons of Block 1 reached an average grade of 63.6 g/t, after examination conducted by the plant’s metallurgical laboratory. These represent the highest grades seen to date at the mine.
Boku will continue to focus on exploiting high quality material with tonnage between 1 – 3 tons per day as the next blocks go into production and increase production accordingly.
Stephen Birrell, CEO of Nativo, comments:
“We are really pleased with the mine’s performance and our first production, which is returning very high grades. Focusing on grade, before size, is key to maximizing operating profits at the mine.
Read the article online at: https://www.globalminingreview.com/mining/03012025/nativo-resources-anounces-tesoro-gold-mine-milestone/
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