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EV Resources Limited ( (AU:EVR) ) has shared an update.
EV Resources reported strong progress across its antimony portfolio for the December 2025 quarter, advancing its flagship Los Lirios project in Oaxaca, Mexico, and building processing capacity in Nevada. At Los Lirios, the company completed extensive fieldwork, expanded geological mapping and trenching, confirmed high-grade antimony mineralisation with strong metallurgical recoveries of over 90% via simple gravity processing and over 99% in initial flotation tests, upgraded site access, and finalised plans for a maiden diamond drilling campaign of 1,500–2,000 metres set to begin in January. In the US, EV Resources secured a 150-tonne-per-day processing plant in Nevada on favourable lease-with-option terms, completed due diligence and initial dry-run testing, and advanced refurbishment plans aimed at bringing a gravity-based antimony concentrator into operation as early as the third quarter of calendar 2026, with a second-phase flotation circuit to follow. Reconnaissance work and sampling at the Dollar and Milton projects in Nevada returned high grades of antimony, copper and silver from historic workings, reinforcing the company’s strategy to establish a domestic US antimony and critical metals supply chain. The company also highlighted a tangible community impact in Mexico, noting that a child’s life was saved using anti-venom at a clinic it helped establish in Guadalupe de Buenos Aires.
The most recent analyst rating on (AU:EVR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on EV Resources Limited stock, see the AU:EVR Stock Forecast page.
More about EV Resources Limited
EV Resources Limited is an Australian-listed explorer and developer focused on antimony and other critical metals, with key assets in Mexico and the United States. The company is targeting the creation of a domestic antimony and critical minerals supply chain, particularly for the US market, through a combination of project development and strategic processing infrastructure acquisitions.
Average Trading Volume: 8,867,093
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$27.36M
See more data about EVR stock on TipRanks’ Stock Analysis page.