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Ero Copper Corp.
Summary
| Project: | NX Gold Mine | |
|---|---|---|
| Deposit: | NX Gold Mine | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 1/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-1-2019: Ero Copper Corp. announces a Resource Estimation report for its NX Gold Mine deposit at the NX Gold Mine project. Updated mineral resource and ore reserve at NX gold mine. The purpose of this report (the “Report” or “Technical Report”) is to se | |
| Resources: | (Reserve, Prob.): 65.8Kt @ 11.40g/t Au for 25.2Koz Au contained | |
| CP/QP: | [Resources]: Leonardo de Moraes Soares (GE21 Consultoria Mineral) | |
| ABSTRACT: | The purpose of this report (the “Report” or “Technical Report”) is to set out and provide background and supporting information on the current Mineral Resources and Mineral Reserves for the NX Gold Mine (as defined below), a producing underground gold mining operation located in the State of Mato Grosso Brazil and wholly-owned by NX Gold S.A. (“NX Gold”, “NX”, or the “Company”), a company formed under the laws of Brazil. This Report has been prepared by GE21 Consultoria Mineral Ltda. (“GE21”) on behalf of Ero Copper Corp. (“Ero Copper”) of Vancouver, Canada and existing under the British Columbia Business Corporations Act. Ero Copper is a publicly listed company that trades on the Toronto Stock Exchange under the ticker, “ERO”. Ero Copper’s principal asset is its 99.6% ownership interest in Mineração Caraíba S.A. (“MCSA”). MCSA’s predominant activity is the production and sale of copper concentrate from the Vale do Curaçá Property, which is located within the Curaçá Valley, northeastern Bahia State, Brazil, with gold and silver produced and sold as by-products. Ero Copper also currently owns, directly and indirectly (through MCSA) a 97.6% ownership interest in NX Gold. The NX Gold Mine was constructed and commenced commercial production in 2012, with the first full year of production occurring in 2013. As of the end of June 2018, approximately 166,000 troy ounces (herein referred to as “oz” or “ounces”) of gold had been produced from the NX Gold Mine. Subsequent to the effective date of this Report, full year 2018 production totaled 39,808 ounces of gold and 24,573 ounces of silver produced as a by-product. As of the date of this Report, there are currently 5 drill rigs operating on the property. Exploration activities are underway on the central Santo Antônio exploration target as well as extensions of the Brás and Buracão orebodies to depth and along strike. Additional drill testing of exploration targets located east of the Buracão orebody is planned for 2019. | |
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