• NVRO Metals filed an NI 43-101 technical report for its Northern Territory NVRO Metals Hub, outlining a maiden oxide mineral reserve.
• Proven and probable oxide reserve: 2,320,000 tonnes at 0.74% Cu, containing 17,200 tonnes copper; 75% recovery assumed; mine life about 3 years.
• PFS-level economics: after-tax NPV8 C$ 64 million, IRR 45%, payback 28 months from July 1, 2026; initial capital about C$ 18 million.
• Average output forecast at 4,280 tonnes a year of copper cathode; C1 cash cost US$ 0.73/lb CuEq; AISC US$ 1.03/lb.
• First oxide production targeted for Q4 2027; acquisition of asset owner NTR expected to close in Q3 2026 for C$ 27.6 million.

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