Project UpdateJun 10, 2026, 06:07 AM
Ero Copper Extends Furnas Mineralization with High-Grade Intercepts
AI Summary
Ero Copper Corp. has announced significant exploration drilling results at its Furnas Copper-Gold Project in Brazil, confirming high-grade continuity and extending known mineralization. Key step-out intercepts include 90 meters at 0.74% copper and 1.13% CuEq, and 45 meters at 0.98% copper and 1.25% CuEq. The company is progressing towards a Pre-Feasibility Study, with plans to award engineering contracts mid-2026 and publish the PFS in 2027. Ero Copper is also ahead of schedule on its earn-in agreement for the project.
Key Highlights
- Ero Copper Corp. announces significant step-out drill results at the Furnas Copper-Gold Project in Brazil.
- Drill hole FURN-DD-00357 returned 90 meters at 0.74% copper, 0.50 gpt gold and 3.18 gpt silver (1.13% CuEq), including 32 meters at 1.17% copper, 0.68 gpt gold and 5.40 gpt silver (1.70% CuEq).
- Drill hole FURN-DD-00354 intersected 45 meters at 0.98% copper, 0.36 gpt gold and 1.72 gpt silver (1.25% CuEq), including 20 meters at 1.78% copper, 0.25 gpt gold and 3.12 gpt silver (1.98% CuEq).
- Drill hole FURN-DD-00368 yielded 41 meters at 0.94% copper, 0.44 gpt gold and 1.58 gpt silver (1.28% CuEq), including 16 meters at 0.87% copper, 0.89 gpt gold and 1.52 gpt silver (1.53% CuEq).
- The company is on track to complete three contractual drilling programs under the Furnas earn-in agreement by year-end, approximately 2 years ahead of schedule.
- Ero Copper is advancing Furnas towards a Pre-Feasibility Study (PFS) expected to be published in 2027.
- The company is evaluating value-enhancement opportunities including magnetic separation of tailings and a gravity circuit.
Price Impact
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