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Ero Copper Files Technical Report for the Furnas Copper-Gold Project

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Ero Copper Corp. (TSX: ERO, NYSE: ERO) has announced the filing of a Technical Report for the Furnas Copper-Gold Project. The report contains the initial NI 43-101 compliant mineral resource estimate that was previously announced on October 2, 2024. The Technical Report has been prepared according to Canadian Securities Administrator's National Instrument 43-101 standards and is now available on the company's website, SEDAR+, and will be filed on EDGAR.

Ero Copper Corp. (TSX: ERO, NYSE: ERO) ha annunciato la presentazione di un Rapporto Tecnico per il Progetto di Rame-Oro di Furnas. Il rapporto contiene la stima iniziale delle risorse minerarie conforme allo standard NI 43-101, precedentemente annunciata il 2 ottobre 2024. Il Rapporto Tecnico è stato redatto secondo gli standard del National Instrument 43-101 degli Amministratori di Sicurezza Canadesi ed è ora disponibile sul sito web dell'azienda, SEDAR+, e sarà depositato su EDGAR.

Ero Copper Corp. (TSX: ERO, NYSE: ERO) ha anunciado la presentación de un Informe Técnico para el Proyecto de Cobre-Oro de Furnas. El informe contiene la estimación inicial de recursos minerales conforme a la norma NI 43-101, que fue anunciada previamente el 2 de octubre de 2024. El Informe Técnico se ha preparado de acuerdo con los estándares del National Instrument 43-101 de los Administradores de Valores de Canadá y ahora está disponible en el sitio web de la empresa, en SEDAR+, y se presentará en EDGAR.

Ero Copper Corp. (TSX: ERO, NYSE: ERO)가 Furnas 구리-금 프로젝트에 대한 기술 보고서를 제출했다고 발표했습니다. 이 보고서는 2024년 10월 2일에 이전에 발표된 NI 43-101 준수 광물 자원 추정치를 포함하고 있습니다. 기술 보고서는 캐나다 증권 관리자들의 국가 기준 43-101에 따라 작성되었으며, 현재 회사 웹사이트, SEDAR+에서 확인할 수 있으며 EDGAR에도 제출될 예정입니다.

Ero Copper Corp. (TSX: ERO, NYSE: ERO) a annoncé le dépôt d'un Rapport Technique pour le Projet de Cuivre-Aurum de Furnas. Le rapport contient l'estimation initiale des ressources minérales conforme à la norme NI 43-101, qui a été annoncée précédemment le 2 octobre 2024. Le Rapport Technique a été préparé conformément aux normes de l'Instrument National 43-101 des Autorités Canadiennes en Valeurs Mobilères et est maintenant disponible sur le site web de l'entreprise, SEDAR+ et sera déposé sur EDGAR.

Ero Copper Corp. (TSX: ERO, NYSE: ERO) hat die Einreichung eines Technischen Berichts für das Furnas Kupfer-Gold Projekt bekannt gegeben. Der Bericht enthält die anfängliche, NI 43-101-konforme Schätzung der Mineralressourcen, die zuvor am 2. Oktober 2024 angekündigt wurde. Der Technische Bericht wurde gemäß den Standards des National Instrument 43-101 der kanadischen Wertpapierbehörden erstellt und ist jetzt auf der Webseite des Unternehmens, SEDAR+ verfügbar und wird auch bei EDGAR eingereicht.

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The filing of a Technical Report for the Furnas Copper-Gold Project represents a procedural milestone, but offers no new material information beyond the initial mineral resource estimate announced in October. Technical reports are regulatory requirements that formalize previously disclosed information. While essential for compliance, this filing merely documents the already-known resource estimates and project details. For investors, the meaningful data was already priced into the stock during the October announcement. No new valuation catalysts or operational insights are presented in this administrative update.

VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) announces it has filed the Technical Report for the Furnas Copper-Gold Project related to the initial National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate previously announced on October 2, 2024.

The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and can be found on the Company’s website (www.erocopper.com) and on SEDAR+ (www.sedarplus.ca/landingpage/). A copy of the Technical Report will also be filed on EDGAR (www.sec.gov).

ABOUT ERO COPPER CORP
Ero Copper is a high-margin, high-growth copper producer with operations in Brazil and corporate headquarters in Vancouver, B.C. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineração Caraíba S.A. ("MCSA"), 100% owner of the Company's Caraíba Operations, which are located in the Curaçá Valley, Bahia State, Brazil, and the Tucumã Operation, an open pit copper mine located in Pará State, Brazil. The Company also owns 97.6% of NX Gold S.A. ("NX Gold") which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso State, Brazil. In July 2024, the Company signed a definitive earn-in agreement with Vale Base Metals for a 60% interest in the Furnas Copper-Gold Project, located in the Carajás Mineral Province in Pará State, Brazil. For more information on the earn-in agreement, please see the Company's press releases dated October 30, 2023 and July 22, 2024. Additional information on the Company and its operations, including technical reports on the Caraíba Operations, Xavantina Operations, Tucumã Operation and the Furnas Copper-Gold Project, can be found on the Company’s website (www.erocopper.com), on SEDAR+ (www.sedarplus.ca/landingpage/) and on EDGAR (www.sec.gov). The Company’s shares are publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol “ERO”.

FOR MORE INFORMATION, PLEASE CONTACT
Courtney Lynn, SVP, Corporate Development, Investor Relations & Sustainability (604) 335-7504
info@erocopper.com

CAUTION REGARDING FORWARD LOOKING INFORMATION AND STATEMENTS
This press release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). Forward-looking statements include statements that use forward-looking terminology such as “may”, “could”, “would”, “will”, “should”, “intend”, “target”, “plan”, “expect”, “budget”, “estimate”, “forecast”, “schedule”, “anticipate”, “believe”, “continue”, “potential”, “view” or the negative or grammatical variation thereof or other variations thereof or comparable terminology. Forward-looking statements may include, but are not limited to, statements with respect to the future filing of the Technical Report.

Forward-looking statements are not a guarantee of future performance. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve statements about the future and are inherently uncertain, and the Company’s actual results, achievements or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to herein and in the Company's most recent Annual Information Form under the heading “Risk Factors”.

The Company’s forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management on the date the statements are made, many of which may be difficult to predict and beyond the Company’s control. In connection with the forward-looking statements contained in this press release and in the AIF, the Company has made certain assumptions about, among other things: favourable equity and debt capital markets; the ability to raise any necessary additional capital on reasonable terms to advance the production, development and exploration of the Company’s properties and assets; future prices of copper, gold and other metal prices; the timing and results of exploration and drilling programs; the accuracy of any mineral reserve and mineral resource estimates; the geology of the Caraíba Operations, the Xavantina Operations, the Tucumã Operation and the Furnas Copper-Gold Project being as described in the respective technical report for each property; production costs; the accuracy of budgeted exploration, development and construction costs and expenditures; the price of other commodities such as fuel; future currency exchange rates and interest rates; operating conditions being favourable such that the Company is able to operate in a safe, efficient and effective manner; work force continuing to remain healthy in the face of prevailing epidemics, pandemics or other health risks, political and regulatory stability; the receipt of governmental, regulatory and third party approvals, licenses and permits on favourable terms; obtaining required renewals for existing approvals, licenses and permits on favourable terms; requirements under applicable laws; sustained labour stability; stability in financial and capital goods markets; availability of equipment; positive relations with local groups and the Company’s ability to meet its obligations under its agreements with such groups; and satisfying the terms and conditions of the Company’s current loan arrangements. Although the Company believes that the assumptions inherent in forward-looking statements are reasonable as of the date of this press release, these assumptions are subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking statements. The Company cautions that the foregoing list of assumptions is not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking statements contained in this press release. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or results or otherwise, except as and to the extent required by applicable securities laws.


FAQ

When did Ero Copper file the Technical Report for Furnas Copper-Gold Project?

Ero Copper filed the Technical Report for the Furnas Copper-Gold Project on November 18, 2024.

Where can investors find Ero Copper's (ERO) Furnas Project Technical Report?

The Technical Report can be found on Ero Copper's website (erocopper.com), SEDAR+ (sedarplus.ca), and will be filed on EDGAR (sec.gov).

What standards was Ero Copper's (ERO) Furnas Technical Report prepared under?

The Technical Report was prepared in accordance with the Canadian Securities Administrator's National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

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