The Peru-focused gold miner has signed a conditional binding agreement with Chancery Royalty for project finance and equity funding to complete construction of its La Patona processing plant.

"The market is real, the benchmarks are robust, and the governance standard has been set," said chief executive Stephen Birrell

"The re-phasing of La Patona is about discipline: getting to first gold with the least capital, in the shortest time, and then letting the plant pay for its own growth," said chief executive Stephen Birrell.

The Peruvian gold miner is redeploying underground resources toward priority zones after a 186-sample geological programme validated its structural model, while its La Patona processing plant awaits financing before construction can start.

Nativo Resources closed the year to 31 December 2025 with US$1.81m of cash, having taken full ownership of the Tesoro Gold Concession and progressed readiness to resume mining and processing in Peru.

A partnership with Constructora e Inversiones Andina Kuboc seeks to identify, evaluate and develop gold, silver and copper opportunities in Peru.

High-grade underground sampling at the Bonanza Gold Mine in Peru has returned a peak result of 40.2 g/t Au, with the company restarting mining development and targeting production by mid-2026.