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Ero Copper Files Technical Report for the Xavantina Operations

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VANCOUVER, British Columbia, May 12, 2023 (Globe Newswire) — Ero Copper Corp (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) announces the submission of its Xavantina Operations Technical Report related to Mineral Reserve and Mineral Resource Augmentation and Mine Life Extension as previously announced on March 28, 2023.

The Technical Report has been prepared in accordance with the Canadian Securities Administrator’s National Tool 43-101 – Mineral Enterprise Disclosure Standards, and can be found on the Company’s website (www.erocopper.com) and on SEDAR (www.sedar.com). A copy of the technical report will also be filed on EDGAR (www.sec.gov).

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About ERO COPPER CORP

Ero is a high-margin, high-growth clean copper production company with operations in Brazil and corporate headquarters in Vancouver, British Columbia. The Company’s primary assets are a 99.6% stake in a Brazilian copper mining company, Mineração Caraíba SA (“MCSA”), 100% owner of the Company’s Caraíba operations (formerly known as MCSA Mining Park), which is located in Curaça Valley, Bahia State, Brazil and includes mines Pilar and Vermelhos underground and Sorobim open-pit mine, and the Tucuma Project (formerly Boa Esperança), an IOCG copper project located in Pará, Brazil. The Company also owns 97.6% of NX Gold SA (“NX Gold”) which owns Xavantina Operations (formerly known as NX Gold Mine), which consists of a working gold and silver mine located in Mato Grosso, Brazil. Additional information about the Company and its operations, including technical reports on Caraíba Operations, Xavantina Operations and the Tucumã Project, can be found on the Company’s website (www.erocopper.com), on SEDAR (www.sedar.com) and on EDGAR (www.erocopper.com). .sec.gov). The company’s shares are publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol “ERO”.

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For more information, please contact

Courtney Lane, Vice President of Corporate Development and Investor Relations
(604) 335-7504
info@erocopper.com

Caution regarding advanced search of information and data

This press release contains “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation (together, “forward-looking statements”). Forward-looking statements include statements that use forward-looking terms such as “may,” “could,” “will,” “will,” “should,” “intend,” “goal,” “plan,” “expect,” “budget,” “estimate.” “,” expect “,” schedule “,” anticipate “,” believe “,” communicate “,” potential “,” offer “or negative, grammatical or other variations or similar terms. Forward-looking statements may include, but are not limited to, statements regarding the future registration of a technical report.

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Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual results, actions, events, conditions, performance or achievements to differ materially from those expressed or implied in the forward-looking statements, including, for example Without limitation, the risks discussed in this press release and in the Company’s Annual Information Form for the year ended December 31, 2022 and dated March 7, 2023 (“AIF”) are under the heading “Risk Factors”.

Forward-looking statements are not a guarantee of future performance. There can be no guarantee 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 include statements about the future and are by their nature 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, but not limited to: Limitations are those referred to here and in the AIF under ‘Risk Factors’.

The Company’s forward-looking statements are based on assumptions, beliefs, expectations and opinions of management at the date the statements were made, many of which can be difficult to predict and are beyond the Company’s control.

The forward-looking statements contained herein are being 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 follows: To the extent required by securities laws applicable finances.

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