Nativo Resources Plc - Design and Construction Engineering Contract
Released
Released
Announcement PDF
RNS Number : 3722A
Nativo Resources Plc
26 October 2026
26 October 2026
Nativo Resources Plc
("Nativo" or the "Company")
Award of Detailed Design and Construction Engineering Contract
La Patona Gold Ore Processing Plant - detailed engineering phase commences with StratumX and Nativo's in-
house team
Nativo Resources plc (LON: NTVO), the precious metals company with gold mining and processing interests in
Peru, announces that the Company and its wholly owned Peruvian subsidiary, BOKU Resources S.A.C. ("BOKU"),
have awarded the contract for the detailed design and construction engineering of the La Patona Gold Ore
Processing Plant ("La Patona") to Stratumx CC S.A.C. ("StratumX"), a multidisciplinary consulting, engineering and
project management firm, working alongside Nativo's in-house engineering team. Work has commenced.
Highlights
· Detailed design and construction engineering contract for La Patona awarded to StratumX, in partnership
with Nativo's in-house engineering team; work has started.
· Converts the completed (Front-End Engineering Design) FEED and Basis of Design into the issued-for-
construction engineering and procurement specifications needed to order equipment and build the plant.
· Marks the transition from FEED into the Detailed Design / Engineering, Procurement, and Construction
(EPC) stage of Nativo's phased build (Initial phase of 70 Tonnes Per Day (TPD) capacity, expanding to 110
TPD and 350 TPD).
· Keeps La Patona on track for equipment and services ordering in Q4 2026, with first gold targeted in H1
2027; Phase 1 construction funding is secured via the non-dilutive gross revenue share arrangement with
Chancery Royalty announced on 18 September 2026.
Stephen Birrell, CEO, commented:
"This award moves La Patona from design to the delivery stage. With FEED and the Basis of Design complete and
Phase 1 funding secured, detailed design is the final engineering step before we order equipment and build.
Combining StratumX's engineering capability with our in-house team gives us the rigour and pace to keep La
Patona on track for FID and equipment ordering in Q4 2026 and first gold in 2027."
Elvis J. Mamani, General Manager of StratumX, commented:
"We are pleased to join Nativo and BOKU at the point where La Patona moves from design into delivery. Our
mandate is to take the completed FEED and Basis of Design to issued-for-construction engineering and
procurement specifications for Phase 1, on a master plot plan that allows the plant to scale to 350 TPD without
rebuilding what is constructed first. Working alongside Nativo's in-house engineering team, our multidisciplinary
group will apply the rigour and pace that a funded, schedule-driven project requires."
Enquiries:
Nativo Resources
Stephen Birrell, Chief Executive Officer
Via Vigo Consulting
nativo@vigoconsulting.com
Strand Hanson Limited (Nominated & Financial Adviser)
Rory Murphy
Matthew Chandler
Abigail Wennington
Tel: +44 (0)20 7409 3494
Hybridan LLP (Joint Broker)
Claire Noyce
Tel: +44 (0)20 3764 2341
Axis Capital Markets (Joint Broker)
Richard Hutchison
Tel: +44 (0)20 3026 0320
Vigo Consulting (Investor Relations)
Ben Simons
George Pope
Tel: +44 (0)20 7390 0234
nativo@vigoconsulting.com
About Nativo Resources Plc
Nativo aims to establish itself as a vertically integrated gold mining and processing business in Peru. The
Company's strategy is based on developing three core activities: primary gold mining, gold ore processing, and
the recovery of gold from tailings. The Company has already acquired or optioned several projects for
development and has identified additional opportunities for expansion. Nativo's nearest-term objectives are to
establish gold production and develop La Patona Gold Ore Processing Plant to process Nativo's own and third-
party material.
Visit our website: https://www.nativoresources.com/
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/nativoresources-plc
X: https://x.com/nativoresources
Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say.
Navigate to our interactive investor hub here: https://www.nativoresources.com/link/Pb6g8P
Subscribe to our news alert service: https://www.nativoresources.com/announcements
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority
to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information
may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For
further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCFLFSAITLEFIR
Share your feedback
Discover