REG - Nativo Resources Plc - Operations Update: Gold Ore Processing Plant

Nativo ResourcesAnnouncement

19/11/2025 07:00

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RNS Number : 0771I  Nativo Resources Plc  19 November 2025

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.

19 November 2025

 

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Operations Update: Gold Ore Processing Plant

&

Update re Santa Cruz Sur, Argentina

 

Procurement and contracting underway at La Patona Gold Ore Processing Plant

 

Nativo Resources Plc (LON:NTVO), a gold-focused mining company with interests
in Peru, is pleased to provide an update on pre-construction progress at La
Patona Gold Ore Processing Plant ("GOPP"), located in Acarí, 45km from the
Tesoro Gold Concession.

 

Nativo has completed the GOPP design and selected equipment suppliers for all
material components of the plant. Suppliers have been selected and prices and
delivery times agreed for the following works:

 

·    Fabrication, transport and installation of new water borehole and
pump

·    Electrical works including a 1.8 km 500 kV cable to connect the plant
to the power grid

·    Ore crushing unit with a capacity of 350 tpd with two milling units

·    150 tpd flotation circuit (stage 1) plus centrifuges and agitators to
accommodate lower third-party ore

·    70 tpd lixiviation circuit (stage 1) plus centrifuges and agitators,
designed for processing higher grade ore

·    Chemical and metallurgy laboratory to assay the ore, concentrates,
and doré bars

·    Smelting circuit with a daily output of 7-8 kg producing gold doré
bars

 

In addition, the Company will imminently be awarding a contract for the
following civil works which are due to commence in late November 2025:

 

·    Groundworks

·    Access and internal roads

·    Geomembrane liner for the tailings facility

 

Nativo is preparing the submission of technical updates for its Environmental
Management Instrument for Formalization permit (IGAFOM by its acronym in
Spanish) required to operate the GOPP under the Registro Integral de
Formalización Minera (REINFO) system.

 

Based on the current GOPP project schedule and scope of works, Nativo expects
the GOPP to become operational and commence ore processing in Q2 2026.

 

Once the first phase is completed and the GOPP is operating at full capacity,
it will be capable of outputting between 1.48 kg and 1.67 kg of gold in doré
bars per day (subject to suitable supply of ore being maintained). Phase 2,
which involves scaling up capacity by the third year, will increase production
up to 3 kg per day.

 

Update re Santa Cruz Sur, Argentina

 

Considering Nativo's focus is now exclusively on advancing its precious metals
opportunities in Peru, the Board has decided to exit the Company's remaining
legacy oil and gas interest in Argentina. Accordingly, Nativo has transferred
its 5% interest in the Santa Cruz Sur concessions to the operator, Interoil
Exploration and Production ASA, for nil consideration. The assets have been
loss-making since 2023 and Nativo's shareholding had been fully written down
in the Company's 2023 Annual Report and Accounts.

 

Stephen Birrell, Chief Executive Office of Nativo, commented:

 

"We are pleased with the procurement progress being made at the plant. We have
a clear objective to become an integrated regional gold producer, handling
both Nativo's own and third-party material. We are developing the plant to be
capable of processing both high and lower grade ores, providing a competitive
advantage over other regional tolling plants which typically do not
accommodate lower grade ores from the artisanal and small-scale miners. We
look forward to commencing civil works on site and formalising the equipment
orders in the coming weeks."

 

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

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

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