Nativo Resources secures a $4.1 million funding package to finalize its La Patona gold plant in Peru, targeting a production start date in Q2 2027 with a 70 tonnes per day capacity.
The company secured binding project finance and equity funding to complete its La Patona gold plant construction, providing a clear pathway to production.
Nativo Resources has signed a binding agreement with Chancery Royalty to secure $3.5 million in project finance and £600,000 in equity funding. The capital will facilitate the construction and commissioning of the La Patona gold processing plant in Peru, with operations targeted for the second quarter of 2027.
The funds are earmarked for the construction, commissioning, and associated infrastructure of the La Patona phase one gold ore processing plant in Acarí, Peru.