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VANCOUVER, British Columbia, April 28, 2026 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces its operating results for the three months ended March 31, 2026 from its El Roble mine. Production for the quarter totaled 2.09 million pounds of copper and 2,108 ounces of gold in concentrates, a decrease of 6% for copper and an increase of 36% for gold, respectively, over the same period in 2025.
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“The El Roble mine performed slightly below plan during the quarter, even though gold production was above budget. We achieved a competitive operating cost and clear improvements are already visible in the second period as operations are back on track to meet our full-year guidance,” said Fernando E. Ganoza, CEO. “During the quarter, we successfully completed the sale of two concentrate shipments, combined with record metal prices, positions us to deliver robust financial results.”
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First Quarter Operational Highlights
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- Production of 2.09 million pounds of copper contained in concentrates; a decrease of 6% over Q1 2025.
- Production of 2,108 ounces of gold contained in concentrates; an increase of 36% over Q1 2025.
- Average processed tonnes per day of 734, a decrease of 5% over Q1 2025.
- Copper head grade of 1.86%, a decrease of 6% over Q1 2025.
- Gold head grade of 1.69 grams per tonne; an increase of 20% over Q1 2025.
- Copper and gold recovery of 91.0% and 69.1%; a decrease of 3% for copper and an increase of 10% for gold, over Q1 2025.
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First Quarter Operational Details
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| Q1 2026 Total | Q1 2025 Total | % Change | |||||
| Production(Contained in Concentrates) | |||||||
| Copper (000s pounds) | 2,090 | 2,230 | -6 | % | |||
| Gold (ounces) | 2,108 | 1,553 | 36 | % | |||
| Mine | |||||||
| Tonnes of ore mined | 56,629 | 56,467 | Nil | ||||
| Mill | |||||||
| Tonnes processed | 56,033 | 54,978 | 2 | % | |||
| Tonnes processed per day | 734 | 773 | -5 | % | |||
| Copper grade (%) | 1.86 | 1.97 | -6 | % | |||
| Gold grade (g/t) | 1.69 | 1.40 | 20 | % | |||
| Recoveries | |||||||
| Copper (%) | 91.0 | 93.6 | -3 | % | |||
| Gold (%) | 69.1 | 62.7 | 10 | % | |||
| Concentrates | |||||||
| Copper and Gold Concentrates (dmt) | 5,223 | 5,763 | -9 | % | |||
| Payable copper produced (000s lbs) | 1,967 | 2,091 | -6 | % | |||
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Note: Metal production figures are subject to adjustments based on final settlement. The reported results are preliminary in nature and are awaiting independent lab verification.
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Concentrate Inventory
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The number of shipments the Company can export in any given quarter depends on several variables some of which the Company does not control, hence there may be an inherent variability in tonnes shipped quarter to quarter.
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| Q1 2026 | ||
| Amounts in dry metric tonnes | ||
| Opening inventory | 4,832 | |
| Production | 5,223 | |
| Sales | -8,789 | |
| Adjustments | 0 | |
| Closing inventory | 1,266 | |
| Number of shipments | 2 |
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Note: Concentrate figures are subject to adjustments based on final surveys and final settlement of sales.
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El Roble Mine
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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.
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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.
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