04:18 AM EDT, 07/13/2026 (MT Newswires) -- Nativo Resources (NTVO.L) said Monday it revised the development plan for its La Patona gold ore processing plant in Peru into three phases after completing front-end engineering design, detailed capital costings, and production modeling. The project will now be developed through phase 1, phase 1a, and phase 2, with total capital costs of $2.7 million, $2.9 million, and $4.3 million, respectively. The company expects to make a final investment decision on phase 1 once project financing is secured. Construction and commissioning are targeted for the second half of 2026, with first gold production expected in the fourth quarter.

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