EV Resources Limited (AU:EVR) has released an update.
EV Resources Limited has announced a renewed focus on exploring for Gallium and Germanium at their Khartoum Project in northern Queensland, following the identification of high-grade mineralisation and the Queensland Government’s support for critical mineral exploration in the area. The company’s previous exploration activities revealed significant levels of these minerals, prompting plans for further exploration and drilling, as well as a $0.5 million funding raise through a placement and an upcoming rights issue.
For further insights into AU:EVR stock, check out TipRanks’ Stock Analysis page.