REG - Nativo Resources Plc - Operational Update: Bonanza Gold Mine

Nativo ResourcesAnnouncement

11/02/2026 11:30

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RNS Number : 6258S  Nativo Resources Plc  11 February 2026

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

11 February 2026

Nativo Resources Plc

("Nativo" or the "Company")

Operational Update: Bonanza Gold Mine

Bonanza underground geological mapping and grade control sampling complete;
mining contractor mobilised to site

Further to the announcement on 12 January 2026, Nativo Resources plc
(LON:NTVO), a gold-focused mining company with interests in Peru, is pleased
to announce that the additional underground sampling programme has been
completed. This involved taking a further 117 samples from focus areas within
the Tesoro Concession to confirm the structural continuity of the vein system,
support the commencement of production and optimise mine planning and grade
control at the Bonanza Gold Mine ("Bonanza").

All samples were sent to SGS del Peru S.A.C. ("SGS"), an internationally
recognised and independent laboratory, for multi-element analysis. The Company
will report results once all assays have been returned and analysed in
approximately three weeks A detailed report will be produced in support of the
mine development.

Following the 26 January 2026 announcement, the Company is also pleased to
confirm that the appointed mining contractor, Constructora e Inversiones
Andina Kuboc C&P SAC ("Kuboc"), has mobilised to site. Kuboc is
undertaking preparatory works, including widening shafts and galleries and
installing equipment at the shaft head for more efficient recovery of material
to the surface.

 

Stephen Birrell, Chief Executive Officer of Nativo, commented:

 

"We are pleased to have completed the underground sampling phase of the
pre-mining programme, designed to confirm the structural continuity of the
mineralisation and provide further confidence as we prepare to recommence
mining operations at Bonanza.

 

It is also great to have the mining contractor on site, working closely with
our technical team to complete preparatory works, representing an important
step for the Company as we look to commence production in the near future."

For further information please contact:

 

  Nativo Resources                             Via Vigo Consulting

  Stephen Birrell, Chief Executive Officer     nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

  Zeus (Nominated Adviser and Joint Broker)    Tel: +44 (0)20 3829 5000

  James Joyce

  James Bavister

  AlbR Capital Limited (Joint Broker)          Tel: +44 (0)20 7469 0930

  Duncan Vasey

  Lucy Williams

 Rose Greensmith

  Vigo Consulting (Investor Relations)         Tel: +44 (0)20 7390 0234

  Ben Simons                                   nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

  Peter Jacob

 Anna Sutton

 

About Nativo Resources plc

 

Nativo has interests in gold projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
intends to allocate portions of free cash flow from mining and processing
activities and future fundraises to Bitcoin purchases, and to hold Bitcoin as
a long-term treasury reserve asset.

 

Follow us on social media:

 

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)

X: https://x.com/nativoresources (https://x.com/nativoresources)

 

Qualified Persons Statement

 

The scientific and technical information contained within this announcement
has been reviewed and approved by Harold Villena Carhuaricra, a geological
engineer with over 15 years' experience. Mr Villena Carhuaricra has a master's
degree in Geological Processes and Resources from The Complutense University
of Madrid and is registered and certified by AusIMM Chartered Professionals.
Mr Villena Carhuaricra has worked for Cerro de Pasco Resources and Compañía
Minera Volcan among other companies in Peru. He is a Qualified Person as
defined by the AIM Guidance Note on Mining and Oil & Gas Companies dated
June 2009.

 

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