Nativo Resources, formerly Echo Energy, to transform into a precious metal miner in Peru

focusIR - Podcast autorstwa focusIR

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Christian Yates (Non-Exec Chairman) and Stephen Birrell (CEO) of Nativo Resources PLC (LON:NTVO), the Latin America focused natural resources company, discuss the name change from Echo Energy to Nativo resources and the new strategic plan for the Company following the partial divestment of its assets in Argentina and entering into a 50:50 joint venture in Peru. Christian and Stephen explain to investors why they want to focus on opportunities where they can ‘in fairly short order’ generate revenues and build reserves to strengthen the Company’s balance sheet. In this interview, investors will also learn: - What the ‘significant’ opportunities in Peru look like - How their strategy has two strands; primary mining and tailings cleaning - How mining operations at Tesoro on the Bonanza vein are progressing - How the second opportunity in the north of Lima came into being - What further financing options are being considered - Why they decided on the name change from Echo Energy to Nativo Resources Christian concluded “The biggest challenge for us was to create value for shareholders, as well as looking at opportunities where we could, in fairly short order, generate revenues and build reserves. We felt there were significant opportunities in Peru when and we connected with a person called Erick Pegot-Ogier, who is now our general manager and partner in Peru. Stephen visited Peru in March, and that resulted in the formation of the Boku Resources joint venture in Peru in July 2024,” Christian Yates and Stephen Birrel at Echo Energy were interviewed by Katie Pilbeam for focusIR.

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