Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from EV Resources Limited ( (AU:EVR) ).
EV Resources has reported exceptional channel sampling results from its Los Lirios antimony project in Oaxaca, confirming widespread, high-grade mineralisation at surface across multiple historical pits. The results show significant antimony grades up to 30.2% Sb and demonstrate mineralisation at both the Lirios 1 and Lirios 2 areas, which lie about 5.5km apart along the same northerly trending fault zone.
The company has confirmed two key mineralisation styles, with high-grade antimony occurring in both fault and vein-hosted structures as well as strata-bound carbonate replacement deposits in limestone, pointing to a robust hydrothermal system. A maiden diamond drilling program is underway at Lirios 1 to test depth and strike continuity, supported by metallurgical work indicating a clean, impurity-free antimony system and an optimised assaying method, which together could enhance processing simplicity and concentrate value for stakeholders.
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 ASX-listed exploration company focused on critical minerals, with a particular emphasis on antimony at its Los Lirios Project in Oaxaca, Mexico. The company targets high-grade deposits in structurally controlled and carbonate replacement settings, aiming to supply strategic metals needed for industrial and energy-related applications.
Average Trading Volume: 31,362,155
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$24.32M
For an in-depth examination of EVR stock, go to TipRanks’ Overview page.