Nativo Resources plc

Nativo Resources plc is a company focused on mining and production of precious metals in Peru. After a partial divestment of its assets in Argentina, Nativo entered into a 50:50 joint venture in Peru in July 2024 with an experienced local partner for precious metals (gold/silver) mining and the cleaning of known tailings deposits containing Measured and Indicated resources of gold and silver. Through the JV, known as Boku Resources, Nativo has secured an opportunity to scale operations in Peru producing gold and silver through primary mining and tailings cleaning, owning 50% of the production and resources. Initially, Boku intends to establish formalized artisanal and small mining operations on its 100% held Tesoro Gold concession, southern Peru, targeting early cash flow generation by Q4 2024. Overall, Nativo Resources plc's joint venture with Boku Resources in Peru presents an intriguing opportunity for venture capitalists. The partnership not only aligns with the company's focus on precious metals but also offers the potential for significant scalability and production ownership. This move positions Nativo to capitalize on the abundant resources in Peru and establish a sustainable cash flow by the end of 2024. With this development, Nativo Resources plc demonstrates an assertive approach to expansion and revenue generation in the mining sector, offering promise to potential investors seeking exposure to the precious metals market.