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)
T2 Metals (TSXV:TWO)

T2 Metals Acquires High-Grade Aurora Gold-Silver Project in the Yukon from Shawn Ryan

Past Drilling Results Include 3.4m @ 24.45 g/t Au at AJ Prospect

T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2 Metals" or the "Company") is pleased to announce signing of an Option Agreement (the "Option") with renowned explorer Shawn Ryan ("Ryan") and Wildwood Exploration Inc. (together with Ryan, the "Optionor") to earn a 100% interest in... Keep Reading...
Copper pipes.

Copper Prices Rally on Tariff Fears, Weak US Dollar

Copper prices continue to rise, driven by supply and demand fundamentals and boosted by tariff fears.Prices for the red metal reached a record high on January 29, and while they have since moderated somewhat, several factors have injected fresh concerns and volatility into the market.Among them... Keep Reading...
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten. The price of copper reached new all-time highs in 2026 on both the COMEX in the United States and the London Metals Exchange (LME) in the United Kingdom. In 2025, the copper price on the COMEX surged during the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News