Ero Copper and Vale Base Metals Execute Definitive Earn-In Agreement on the Furnas Copper Project

Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce that it has signed a definitive earn-in agreement ("Agreement") with Salobo Metais S.A, a subsidiary of Vale Base Metals Limited ("VBM"), to earn a 60% interest in the Furnas Copper Project ("Furnas" or the "Project") located in the Carajás Mineral Province in Pará State, Brazil.

The terms of the Agreement align with the previously signed binding term sheet outlined in the Company's press release dated October 30, 2023. For additional detail on the Project, including location maps, geologic cross sections, historical drill intercepts and a description of the Company's work programs, please refer to the Company's press release dated October 30, 2023.

ABOUT ERO COPPER CORP

Ero is a high-margin, high-growth, low carbon-intensity copper producer with operations in Brazil and corporate headquarters in Vancouver, B.C. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineração Caraíba S.A. ("MCSA"), 100% owner of the Company's Caraíba Operations (formerly known as the MCSA Mining Complex), which are located in the Curaçá Valley, Bahia State, Brazil and include the Pilar and Vermelhos underground mines and the Surubim open pit mine, and the Tucumã Project (formerly known as Boa Esperança), an IOCG-type copper project located in Pará, Brazil. The Company also owns 97.6% of NX Gold S.A. ("NX Gold") which owns the Xavantina Operations (formerly known as the NX Gold Mine), comprised of an operating gold and silver mine located in Mato Grosso, Brazil. Additional information on the Company and its operations, including technical reports on the Caraíba Operations, Xavantina Operations and Tucumã Project, can be found on SEDAR+ at www.sedarplus.ca/landingpage/ and on EDGAR ( www.sec.gov). The Company's shares are publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol "ERO".

FOR MORE INFORMATION, PLEASE CONTACT

Courtney Lynn, SVP, Corporate Development, Investor Relations & Sustainability
(604) 335-7504
info@erocopper.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ERO:CA
The Conversation (0)
Critical Mineral Resources

Diamond Core Rig Arrived on Site

Critical Mineral Resources plc (“CMR”, “Company”) is delighted to announce the arrival of its diamond core drilling rig at Agadir Melloul, marking a major step forward that puts the project in an excellent position to accelerate drilling activity. The team is now focused on commissioning the rig... Keep Reading...
Critical Mineral Resources

Drilling results confirm new copper discovery with district scale potential

Critical Mineral Resources plc (“CMR”, “Company”) is delighted to announce extremely encouraging results from its maiden core drilling programme at Agadir Melloul, confirming a significant new, shallow copper discovery and establishing the foundations for a potential district scale sediment... Keep Reading...
Nick Hodge, gold bars.

Nick Hodge: Copper is My Top 2026 Pick, but Gold, Silver Run Not Done

Nick Hodge, publisher at Digest Publishing, is most bullish on copper and uranium in 2026, but also believes gold and silver prices have further to go despite recent gains. "We are in the middle of a precious metals bull market," he said. "Silver hasn't had its day yet, so I think that's a... Keep Reading...
 Adam Woolridge, CEO of Cobre.

Cobre Advances Botswana Copper Project as Market Rerates Company

Cobre (ASX:CBE) CEO Adam Wooldridge says investor enthusiasm for the company has been driven by significant progress at its Ngami copper project in Botswana. “Investors are starting to see it as a real development opportunity,” he said, noting that Cobre has achieved in-situ copper recoveries of... Keep Reading...
Empire Metals

Empire Metals Limited Announces Appointment of Joint Corporate Broker

Empire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce the appointment of Canaccord Genuity Limited ("Canaccord") as joint corporate broker with immediate effect. Canaccord will work alongside S. P. Angel Corporate Finance LLP and Shard... Keep Reading...

Latest Press Releases

Related News