Atico Produces 2.16 Million Pounds of Cu and 2,385 Ounces of Au in Second Quarter 2025
Atico Mining (OTCQX:ATCMF) reported Q2 2025 production results from its El Roble mine in Colombia, producing 2.16 million pounds of copper and 2,385 ounces of gold in concentrates. The company experienced a 42% decrease in copper production and a 17% decrease in gold production compared to Q2 2024.
The mine processed an average of 830 tonnes per day, with copper head grade at 1.74% and gold head grade at 2.08 g/t. Recovery rates were 91.2% for copper and 57.6% for gold. Additionally, Jorge Ganoza will transition from his role as Vice President of Operations and Projects but remain as a director and advisor.
Atico Mining (OTCQX:ATCMF) ha comunicato i risultati di produzione del secondo trimestre 2025 dalla sua miniera El Roble in Colombia, con una produzione di 2,16 milioni di libbre di rame e 2.385 once d'oro in concentrati. L'azienda ha registrato un calo del 42% nella produzione di rame e un calo del 17% nella produzione di oro rispetto al secondo trimestre 2024.
La miniera ha trattato in media 830 tonnellate al giorno, con una concentrazione di rame nella testa del minerale del 1,74% e una concentrazione d'oro di 2,08 g/t. I tassi di recupero sono stati del 91,2% per il rame e del 57,6% per l'oro. Inoltre, Jorge Ganoza lascerà il ruolo di Vicepresidente delle Operazioni e Progetti, ma rimarrà come direttore e consulente.
Atico Mining (OTCQX:ATCMF) informó los resultados de producción del segundo trimestre de 2025 de su mina El Roble en Colombia, produciendo 2,16 millones de libras de cobre y 2.385 onzas de oro en concentrados. La compañía experimentó una disminución del 42% en la producción de cobre y una reducción del 17% en la producción de oro en comparación con el segundo trimestre de 2024.
La mina procesó un promedio de 830 toneladas por día, con una ley de cobre en cabeza de 1,74% y una ley de oro en cabeza de 2,08 g/t. Las tasas de recuperación fueron del 91,2% para el cobre y del 57,6% para el oro. Además, Jorge Ganoza dejará su cargo como Vicepresidente de Operaciones y Proyectos, pero permanecerá como director y asesor.
Atico Mining (OTCQX:ATCMF)는 콜롬비아에 위치한 엘 로블 광산의 2025년 2분기 생산 실적을 보고했으며, 구리 216만 파운드와 금 2,385 온스의 농축물을 생산했습니다. 회사는 2024년 2분기 대비 구리 생산량이 42% 감소하고, 금 생산량이 17% 감소했습니다.
광산은 하루 평균 830톤을 처리했으며, 구리 원광 등급은 1.74%, 금 원광 등급은 2.08 g/t였습니다. 회수율은 구리 91.2%, 금 57.6%였습니다. 또한 Jorge Ganoza는 운영 및 프로젝트 부사장직에서 물러나지만, 이사 및 고문으로 남을 예정입니다.
Atico Mining (OTCQX:ATCMF) a publié les résultats de production du deuxième trimestre 2025 de sa mine El Roble en Colombie, produisant 2,16 millions de livres de cuivre et 2 385 onces d'or en concentrés. La société a connu une baisse de 42 % de la production de cuivre et une baisse de 17 % de la production d'or par rapport au deuxième trimestre 2024.
La mine a traité en moyenne 830 tonnes par jour, avec une teneur en cuivre de 1,74 % et une teneur en or de 2,08 g/t. Les taux de récupération étaient de 91,2 % pour le cuivre et de 57,6 % pour l'or. De plus, Jorge Ganoza quittera son poste de vice-président des opérations et des projets, mais restera directeur et conseiller.
Atico Mining (OTCQX:ATCMF) meldete die Produktionszahlen für das zweite Quartal 2025 aus seiner El Roble Mine in Kolumbien, mit einer Produktion von 2,16 Millionen Pfund Kupfer und 2.385 Unzen Gold in Konzentraten. Das Unternehmen verzeichnete einen Rückgang der Kupferproduktion um 42% und einen Rückgang der Goldproduktion um 17% im Vergleich zum zweiten Quartal 2024.
Die Mine verarbeitete durchschnittlich 830 Tonnen pro Tag, mit einem Kupfergehalt von 1,74% und einem Goldgehalt von 2,08 g/t. Die Rückgewinnungsraten lagen bei 91,2% für Kupfer und 57,6% für Gold. Zudem wird Jorge Ganoza von seiner Rolle als Vizepräsident für Betrieb und Projekte zurücktreten, bleibt jedoch als Direktor und Berater erhalten.
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VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces its operating results for the three months ended June 30, 2025 from its El Roble mine and change in management. Production for the quarter totaled 2.16 million pounds of copper and 2,385 ounces of gold in concentrates.
“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. Concurrently, production results, increased concentrate sales and strong metal prices should lead to improved financial performance and position during this period” said Fernando E. Ganoza, CEO. “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¨
Change of Management
Jorge Ganoza, Director and Officer, will transition from his full-time position as Vice President of Operations and Projects effective August 1st. Jorge will remain a director and advisor to the Company.
“On behalf of the Board of Directors and all Atico employees and stakeholders, I would like to thank Jorge for his commitment and dedication to Atico. Jorge’s contribution, for more than the past decade, has been instrumental in the development and transformation of both the El Roble mine and La Plata project. The Atico team wishes Jorge all the best in his future endeavors,” said Fernando E. Ganoza, CEO.”
Second Quarter Operational Highlights
- Production of 2.16 million pounds of copper contained in concentrates; a decrease of
42% over Q2 2024. - Production of 2,385 ounces of gold contained in concentrates; a decrease of
17% over Q2 2024. - Average processed tonnes per day of 830, a decrease of
3% over Q2 2024. - Copper head grade of
1.74% , a decrease of33% over Q2 2024. - Gold head grade of 2.08 grams per tonne; an increase of
6% over Q2 2024. - Copper and gold recovery of
91% and58% ; no significant change for copper and a decrease of11% for gold, respectively, over Q2 2024.
Second Quarter Operational Details
| Q2 2025 Total | Q2 2024 Total | % Change | |
| Production (Contained in Concentrates) | |||
| Copper (000s pounds) | 2,155 | 3,710 | - |
| Gold (ounces) | 2,385 | 2,850 | - |
| Mine | |||
| Tonnes of ore mined | 60,633 | 70,826 | - |
| Mill | |||
| Tonnes processed | 62,007 | 71,079 | - |
| Tonnes processed per day | 830 | 852 | - |
| Copper grade (%) | 1.74 | 2.57 | - |
| Gold grade (g/t) | 2.08 | 1.95 | |
| Recoveries | |||
| Copper (%) | 91.2 | 92.0 | Nil |
| Gold (%) | 57.6 | 64.2 | - |
| Concentrates | |||
| Copper and Gold Concentrates (dmt) | 5,592 | 9,197 | - |
| Payable copper produced (000s lbs) | 2,032 | 3,487 | - |
Note: Metal production figures are subject to adjustments based on final settlement. The reported results are preliminary in nature and are awaiting independent lab verification.
El Roble Mine
The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tonnes per day, located in the Department of Choco in Colombia. Its commercial product is a copper-gold concentrate.
Since obtaining control of the mine on November 22, 2013, Atico has upgraded the operation from a historical nominal capacity of 400 tonnes per day.
El Roble’s reserves estimate, with an effective date of March 12, 2024, includes Proven and Probable mineral reserves of 828 thousand tonnes averaging
Mineralization is open at depth and along strike and the Company plans to further test the limits of the deposit. On the larger land package, the Company has identified a prospective stratigraphic contact between volcanic rocks and black and grey pelagic sediments and cherts that has been traced by Atico geologists for ten kilometers. This contact has been determined to be an important control on VMS mineralization on which Atico has identified numerous target areas prospective for VMS type mineralization occurrence, which is the focus of the current surface drill program at El Roble.
Qualified Person
Mr. Thomas Kelly (SME Registered Member 1696580), advisor to the Company and a qualified person under National Instrument 43-101 standards, is responsible for ensuring that the technical information contained in this news release is an accurate summary of the original reports and data provided to or developed by Atico.
About Atico Mining Corporation
Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities. For more information, please visit www.aticomining.com.
ON BEHALF OF THE BOARD
Fernando E. Ganoza
CEO
Atico Mining Corporation
Trading symbols: TSX.V: ATY | OTCQX: ATCMF
Investor Relations
Igor Dutina
Tel: +1.604.633.9022
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘‘U.S. Securities Act’’), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.
Cautionary Note Regarding Forward Looking Statements
This announcement includes certain “forward-looking statements” within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation the use of net proceeds, are forward-looking statements. Forward- looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs; the need to obtain additional financing to maintain its interest in and/or explore and develop the Company’s mineral projects; uncertainty of meeting anticipated program milestones for the Company’s mineral projects; and other risks and uncertainties disclosed under the heading “Risk Factors” in the Company’s Annual Information Form (“AIF”) dated September 4, 2024, filed with the Canadian securities regulatory authorities on the SEDAR+ website at www.sedarplus.com and as available on the Company's website for further details.
