Atico Reports Multiple High-Grade Intercepts up to 8.70m of 11.44% Cu, 14.65 g/t Au and 6.16m of 13.32% Cu, 2.79 g/t Au and Continues to Extend the Ore Body at El Roble Mine in Colombia
Rhea-AI Summary
Atico Mining (OTCQX: ATCMF) reported results from 19 drill holes at the El Roble mine dated Nov 24, 2025, including high‑grade intercepts such as 8.70m @ 11.44% Cu, 14.65 g/t Au and 6.16m @ 13.32% Cu, 2.79 g/t Au. The 2025 underground program completed 885.6 metres of drilling and discovered a new sulfide body adjacent to the main ore body. True widths are estimated at 90–95% of reported intercepts. El Roble has Proven and Probable reserves of 1.00 million tonnes @ 3.02% Cu, 1.76 g/t Au (effective Sept 30, 2020). The company plans continued drilling to test depth and strike extensions.
Positive
- High‑grade intercept of 8.70m @ 11.44% Cu, 14.65 g/t Au
- High‑grade intercept of 6.16m @ 13.32% Cu, 2.79 g/t Au
- Discovered a new sulfide body adjacent to main ore
- Continued drilling: 885.6 metres completed in 2025
Negative
- True width uncertainty: intercepts estimated at 90–95%
- Reserves dated Sept 30, 2020 — no updated reserve estimate provided
- Drilling focused on historically mined zones; additional work required to convert extensions to resources
News Market Reaction
On the day this news was published, ATCMF gained 8.11%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (TSX.V: ATY | OTCQX: ATCMF) (“Atico” or the “Company”) is pleased to announce positive results for 19 drill holes completed during 2025 in an area of historical mining to expand tonnage at the El Roble mine. In addition, the Company reports the highlights from assay results for two drill core holes (see first table below), which included 8.70m of
“The ongoing drilling campaign in the mine vicinity continues to highlight the strong potential of the El Roble deposit, discovering new mineralization along with successfully extending the main historical massive sulphide bodies.” said Fernando E. Ganoza, CEO. “These assay results continue to increase confidence in our view that additional high-grade copper and gold mineralization remains both within the historically defined bodies and beyond the previously outlined mineralized shell and are open at depth and along strike. The drill campaign is planned to continue throughout 2025.”
Exploration Drilling Results Include:
| Hole | From (m) | To (m) | Interval (m) | Cu (%) | Au (g/t) |
| ATD-0314 | 61.85 | 65.00 | 3.15 | 7.53 | 11.41 |
| ATD-0314 | 69.80 | 71.00 | 1.20 | 1.23 | 10.70 |
| ATD-0317 | 62.85 | 67.30 | 4.45 | 6.32 | 15.03 |
| ATD-0317 | 56.30 | 61.00 | 4.70 | 3.56 | 15.18 |
| ATD-0317 | 49.70 | 50.95 | 1.25 | 2.14 | 2.39 |
| ATD-0320 | 91.00 | 96.10 | 5.10 | 3.12 | 2.14 |
| ATD-0320 | 85.25 | 88.25 | 3.00 | 4.14 | 1.53 |
| ATD-0328 | 68.70 | 71.25 | 2.55 | 7.22 | 0.61 |
| ATD-0328 | 66.80 | 68.00 | 1.20 | 3.59 | 0.33 |
| ATDM-001 | 29.50 | 46.20 | 16.70 | 3.58 | 1.43 |
| ATDM-010 | 30.00 | 36.00 | 6.00 | 2.20 | 4.05 |
| ATDM-018 | 20.00 | 23.60 | 3.60 | 3.32 | 2.16 |
| ATDM-018 | 24.30 | 25.50 | 1.20 | 1.57 | 3.55 |
| ATDM-018 | 27.20 | 28.60 | 1.40 | 1.11 | 4.16 |
| ATDM-023 | 30.50 | 34.85 | 4.35 | 2.80 | 6.54 |
| ATDM-023 | 36.85 | 40.10 | 3.25 | 3.73 | 2.62 |
| ATDM-024 | 29.80 | 32.50 | 2.70 | 3.54 | 3.94 |
| ATDM-030 | 16.20 | 19.20 | 3.00 | 9.58 | 3.63 |
| ATDM-030 | 20.10 | 22.50 | 2.40 | 10.47 | 2.82 |
| ATDM-031 | 15.90 | 19.65 | 3.75 | 3.41 | 6.09 |
| ATDM-033 | 20.60 | 23.80 | 3.20 | 0.47 | 5.28 |
| ATDM-036 | 32.40 | 36.00 | 3.60 | 9.29 | 0.88 |
| ATDM-036 | 27.60 | 30.80 | 3.20 | 2.66 | 0.41 |
| ATDM-037 | 21.74 | 27.90 | 6.16 | 13.32 | 2.79 |
| ATDM-042 | 20.20 | 27.50 | 7.30 | 6.38 | 1.61 |
| ATDM-057 | 15.90 | 19.30 | 3.40 | 1.98 | 6.74 |
| ATDM-058 | 9.90 | 14.65 | 4.75 | 7.34 | 2.29 |
| ATDM-058 | 16.15 | 21.00 | 4.85 | 6.55 | 0.92 |
| ATDM-060 | 19.25 | 21.25 | 2.00 | 4.75 | 2.90 |
| ATDM-060 | 23.25 | 24.70 | 1.45 | 3.12 | 3.55 |
| ATDM-061 | 10.00 | 18.70 | 8.70 | 11.44 | 14.65 |
True widths are dependent on uncertainties in the local strike and dip of the mineralization and are estimated to be between
Image 1: Mineralized shells based on historical massive and new bodies at the El Roble Mine with intercepts from the current drill program
Exploration Drilling Program
The goal of the 2025 underground drilling program at the El Roble mine is to define zones of mineralization within the extent of the main historic massive sulphide body that were not exploited by previous operators, to expand the historically identified resource and explore for new massive sulfide bodies. The Company began this drill infill program to test the main mineralized body and the immediately adjacent area during the first quarter of 2023 and has continued the program with 885.6 meters of drilling during 2025.
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 has Proven and Probable reserves of 1.00 million tonnes grading
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
Garth Graves, P. Geo.
Garth Graves, P. Geo., consultant geologist for Atico Mining Corporation and a qualified person in accordance with National Instrument 43-101 has reviewed and approved the technical information contained in this news release.
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 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, 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 AIF of the Company dated September 4, 2024 filed with the Canadian securities regulatory authorities on the SEDAR+ website at www.sedarplus.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f9a8a545-5a6b-4c04-b73f-2834c0f80bdc
FAQ
What high‑grade drill intercepts did Atico report at El Roble on Nov 24, 2025 (ATCMF)?
How much drilling did Atico complete at El Roble in 2025 (ATCMF)?
Does the Nov 24, 2025 release state El Roble reserves for ATCMF?
What is the significance of the new sulfide body reported by Atico (ATCMF)?
Are reported drill intercepts at El Roble true widths for ATCMF?
Will Atico continue exploration drilling at El Roble (ATCMF)?
