Atico Mining produces 2.15M lb Cu, 2,385 oz Au in Q2

Executive Summary

• Atico Mining Corp. reported Q2 2025 production of 2.16 M lbs Cu and 2,385 oz Au from the El Roble mine.
• Production volumes and grades showed mixed changes versus Q2 2024 (Cu down 42 %, Au up 6 % in grade).
• Vice‑President of Operations and Projects Jorge Ganoza will transition out of his full‑time role on Aug. 1, remaining a director and adviser.

Key Details

• Quarterly Production: 2.16 M lbs copper contained in concentrates (−42 % YoY); 2,385 oz gold contained in concentrates (−17 % YoY).
• Processing Rate: Average 830 t/d processed ore (‑3 % YoY).
• Copper Head Grade: 1.74 % Cu (‑33 % YoY).
• Gold Head Grade: 2.08 g/t Au (+6 % YoY).
• Recovery Rates: Copper recovery 91 % (no material change); gold recovery 58 % (‑11 % YoY).
• Reserves Update: As of 12 Mar 2024, proven & probable reserves total 828,000 t averaging 2.49 % Cu and 2.20 g/t Au, supporting mine life to Q1 2027.
• Management Change: Jorge Ganoza will step down from his full‑time VP Operations role effective 1 Aug 2025; he will stay on the board as a director and adviser.
• Future Outlook: CEO Fernando E. Ganoza expects gradual production improvements in H2 2025 as higher‑grade ore zones are accessed.
• Technical Qualification: Thomas Kelly (SME Reg. No. 1696580) certified that technical information is accurate per NI 43‑101 standards.

Notable Quotes

“The El Roble mine performed as expected for this period, showing improvements compared to the first quarter, especially in terms of gold grades and output… In the latter half of the year, we expect gradual improvements in production results as we gain increased access to newly discovered high‑grade ore zones.” – Fernando E. Ganoza, CEO

“On behalf of the board … I would like to thank Jorge for his commitment and dedication to Atico…” – Fernando E. Ganoza, CEO