Ero Copper provides operational update regarding the ongoing truck drivers’ strike in Brazil
TSX: ERO
Ero Copper Corp
625 Howe Street | Suite 1050 | Vancouver | BC | V6C 2T6 | Canada
MAY 29, 2018 NR:18-6
Ero Copper provides operational update regarding the ongoing truck drivers’ strike in Brazil
Vancouver, British Columbia – Ero Copper Corp. (the “Company”) (TSX: ERO) informs that
the Company is actively monitoring the ongoing truck drivers’ strike in Brazil. To date, there has
been no material impact on the Company’s operations or its copper production. The Company has
contingency plans in place to mitigate impacts the strike might have on copper production.
The Company will provide further updates if the strike is prolonged and the contingency plans
change such that copper production is likely to be materially impacted.
ABOUT ERO COPPER CORP
Ero Copper Corp, headquartered in Vancouver, B.C., is focused on copper production growth from
the Vale do Curaçá Property, located in Bahia, Brazil. 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 Vale do Curaçá Property with over 37 years of operating history in the region. The Company
currently mines copper ore from the Pilar underground and the Surubim open pit mine s. In
addition to the Vale do Curaçá Property, MCSA owns 100% of the Boa Esperanҫa development
project, an IOCG -type copper project located in Pará, Brazil. Additional information on the
Company and its operations, including Technical Reports on both the Vale do Curaçá and Boa
Esperanҫa properties, can be found on the Company’s website ( www.erocopper.com) and on
SEDAR (www.sedar.com).
TSX: ERO
Ero Copper Corp
625 Howe Street | Suite 1050 | Vancouver | BC | V6C 2T6 | Canada
ERO COPPER CORP .
Signed: “David Strang” For further information contact:
David Strang, President & CEO Makko DeFilippo, Vice President, Corporate Development
(604) 429-9244
CAUTION REGARDING FORWARD LOOKING INFORMATION AND STATEMENTS This Press Release contains “forward-looking information” within the
meaning of applicable Canadian securities laws. Forward-looking information includes 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. S uch forward -looking
information includes, without limitation, statements with respect to the duration of the strike and the implementation and measures that may adversely
impact production and development operations.
Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of manag ement in
light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances, as of the date of this Press Release including, without limitation, assumptions about:
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 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 Vale do Curaçá Property and the Boa
Esperanҫa Property being as described in the technical reports for these properties; production costs; the accuracy of budgeted exploration and
development 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; p olitical 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 obligati ons under its agreements
with such groups; and satisfying the terms and conditions of the Company’s current loan arrangements. While the Company considers these assumptions
to be reasonable, the assumptions are inherently 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 information. Many assumptions are based on factors and events that are not within the control of
the Company and there is no assurance they will prove to be correct.
Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and othe r factors which may cause the
actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions,
activities, results, performance or achievements expressed or implied by such forward -looking information. Such risks include, without limitation the
risk factors listed under the heading “Risk Factors” in the Annual Information Circular of the Company for the year ended December 31, 2017, dated
March 28, 2018.
Although the Company has attempted to identify important factors that could cause actual actions, events, conditions, results, performance or
achievements to differ materially from those described in forward-looking information, there may be other factors that cause actions, events, conditions,
results, performance or achievements to differ from those anticipated, estimated or intended.
The Company cautions that the foregoing lists of important assumptions and factors are not exhaustive. Other events or circum stances could cause
actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information contained herein.
There can be no assurance that forward -looking information will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.
Forward-looking information contained herein is made as of the date of this Press Release and the Company disclaims any obligation to update or revise
any forward-looking information, whether as a result of new information, future events or results or otherwise, except as and to the extent required by
applicable securities laws.