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Stock impact report

Nexa Reports Fourth Quarter and Full Year 2023 Exploration Results [Yahoo! Finance]

Nexa Resources S.A. Common Shares (NEXA) 
Last nexa resources s.a. common shares earnings: 10/31 06:08 pm Check Earnings Report
US:NYSE Investor Relations: nexaresources.com
Company Research Source: Yahoo! Finance
and assay results from the fourth quarter and full year of 2023. This document contains forward-looking statements. Summary Nexa's drilling strategy for 2023 was focused on near-mine expansion brownfield and infill drilling, including the Aripuanã project which is in the final ramp-up stage. Additional exploratory drilling also occurred in greenfield projects with a potential favorable perspective. At the end of 2023, cumulative drilling production reached 257,482 meters, of which 85,199 meters were exploratory drilling, including the Babaçu infill at Aripuanã, and 172,284 meters were operational infill drilling. Total exploratory drilling in 4Q23 was 15,586 meters, of which 12,138 meters took place in Peru, 2,281 meters in Brazil and 1,167 meters in Namibia. Exploratory drilling planned for 1Q24 includes 9,500 meters in Peru with seven rigs and 2,500 meters in Brazil with three rigs, totaling 12,000 meters. Commenting on the report, Jones Belther, Senior Vice President of Min Show less Read more
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