Business UpdateJul 28, 2026, 04:12 PM
Nexa Reports Encouraging 1H 2026 Exploration Results
AI Summary
Nexa Resources announced encouraging exploration results for the first half of 2026, highlighting significant mineralization at its Vazante and El Porvenir targets. The company completed 123,455 meters of drilling, with exploration efforts focused on near-mine expansion and resource growth. Nexa plans to increase exploration drilling in the second half of 2026, revising its full-year program up by 12% to 66,805 meters.
Key Highlights
- Vazante's Conexão Sucuri Norte target yielded 5.1 meters at 13.93% Zn, 0.26% Pb, and 9.09 g/t Ag.
- El Porvenir's Integración target showed 64.7 meters at 6.33% Zn, 2.71% Pb, 502.08 g/t Ag, and 0.30 g/t Au.
- Total drilling in 1H 2026 amounted to 123,455 meters, including 24,339 meters of exploration drilling.
- Nexa plans 40,490 meters of exploration drilling in 2H 2026, an increase from the first half.
- The 2026 exploration drilling program was revised up by 12% to 66,805 meters.
Price Impact
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