Latest Company Update – April 2025

We are pleased to announce significant progress across our copper and iron operations. This month, our team successfully completed Phase II of the Valle Cordón de Cobre Expansion, increasing processing efficiency by 12% while reducing water usage through our new closed-loop recycling system. In parallel, early drilling results from the Hurtado Iron Ridge Project indicate higher-than-expected grades, positioning the site for accelerated development later this year.

These achievements reflect our commitment to responsible growth, innovation, and sustainability as we continue shaping the next generation of mining.