Project UpdateJun 10, 2026, 06:01 AM
Ero Copper Reports Strong Exploration Results at Furnas Project
AI Summary
Ero Copper Corp. has announced significant assay results from its ongoing exploration drilling program at the Furnas Copper-Gold Project in Brazil. The results highlight strong continuity of high-grade mineralization and extensions to depth and along strike, particularly in the SE and NW zones. Step-out drilling in the SE zone has extended mineralization down-dip, while new drilling in the Central zone indicates further exploration potential. The company is progressing well with its earn-in agreement, ahead of schedule, and is advancing technical workstreams including permitting and metallurgical testwork in support of a Pre-Feasibility Study expected in 2027.
Key Highlights
- Ero Copper Corp. announces significant assay results from 24,000 meters of exploration drilling at the Furnas Copper-Gold Project in Brazil.
- Drill hole FURN-DD-00357 returned 90 meters at 0.74% copper and 0.50 gpt gold, extending mineralization down-dip by 115 meters.
- Drill hole FURN-DD-00354 intersected 45 meters at 0.98% copper and 0.36 gpt gold, a high-grade step-out 80 meters beyond the inferred mineral resource.
- Drill hole FURN-DD-00368 in the Central zone shows potential for new exploration, over 1.1 km west of the SE zone.
- Drill hole FURN-DD-00340 within the SE zone returned 88 meters at 0.81% copper and 0.61 gpt gold, demonstrating high-grade continuity.
- Drill hole FURN-DD-00348 at the NW zone edge returned a shallower intercept of 15 meters at 2.97% copper and 11.81 gpt silver.
- The company is on track to complete contractual drilling programs two years ahead of schedule, earning a 60% interest in the Project.
- A Pre-Feasibility Study is expected in 2027, with engineering contract award anticipated mid-2026.
Price Impact
More from ERO