Nativo Resources plc has exposed “vein structures” from a 20-trench excavation programme at the Bonanza gold mine on its Tesoro gold concession in the Nazca-Ocona gold corridor, Arequipa, southern Peru. ORE SHOOTS Samples from channel sampling will be sent for assays, with results expected to help refine “longitudinal sections and mineralised shoot interpretation”. Nativo said […]
Tag: Bonanza gold mine
Nativo agrees £2m for Peru gold production
Nativo Resources plc has secured £2 million financing, via a susbcription and convertible loan note, with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. TVRs Yorkville will subscribe £200,000 for 45,454,545 new ordinary shares, each at a price of £0.0044. The principal amount of the unsecured CLN is £1.8m, […]
Nativo acquires remaining 50% of Boku JV
Nativo Resources plc has agreed a cashless acquisition of the remaining 50% of its joint venture Boku Resources SAC, in Peru. PRODUCTION Boku owns the Bonanza gold mine on the Tesoro gold concession, an option to evaluate recovery and sale of gold and silver from the Toma La Mano tailings, and the Ana Lucia polymetallic […]