Resource estimate supports near-term production strategy, long-term critical minerals development and deployment of the NVRO Process™
VANCOUVER, British Columbia, June 18, 2026 (GLOBE NEWSWIRE) — NVRO Metals Limited NNVRO, (“NVRO Metals” or the “Company”), a clean technology company focused on the recovery of precious and critical metals from sulfidic feedstock including ores, concentrates, mine waste and tailings, is pleased to announce the results of a draft independent mineral resource estimate (“MRE”) for the NVRO Metals Hub located in Australia’s Northern Territory following the completion of the Company’s previously announced acquisition (the “Acquisition”) of Northern Territory Resources Pty Ltd. (“NTR”).
The MRE has been prepared by Measured Group Pty Ltd (“Measured Group”), an independent mining consultancy that provides technical services and geographical modelling to the global mining industry, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and has an effective date of May 31, 2026. The final report from Measured Group is expected on or before July 10, 2026.
The MRE confirms a combined Mineral Resource of approximately 77.6 million tonnes (measured, indicated and inferred) grading 1.69% copper-equivalent (CuEq) across oxide and sulfide domains containing copper, cobalt, silver, lead, nickel and zinc. Management believes the MRE represents a significant milestone in the development of the NVRO Metals Hub and provides independent validation of the scale, quality and strategic significance of the asset being acquired by NVRO Metals as part of the NTR acquisition.
Measured Group’s analysis was supported by:
360,000 drill meters
5,761 drill holes
1.5 million assays
A $60 million historical spend on database collection
Importantly 94.2% of the combined resource is measured or indicated.
| Measured | 40.48Mt | 52.2% |
| Indicated | 32.58Mt | 42.0% |
| Inferred | 4.51Mt | 5.8% |