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EV Resources Limited ( (AU:EVR) ) just unveiled an update.
EV Resources Limited has announced the commencement of its maiden diamond drilling program at the Los Lirios antimony project in Oaxaca State, Mexico. This fully funded program, scheduled to start in early January 2026, aims to explore the high-grade antimony mineralization beneath historical workings along the Lirios Fault Zone. The drilling will cover approximately 900 meters of strike within a 4km mapped system, with the results expected to inform an expanded exploration campaign. This initiative marks a significant step for EV Resources as it transitions from surface exploration to subsurface definition, with the goal of delivering a maiden JORC resource in the third quarter of 2026. The program is part of a broader strategy to advance the company’s assets towards near-term production, setting the stage for a transformative year.
More about EV Resources Limited
EV Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction of antimony, a critical mineral used in various industrial applications.
Average Trading Volume: 14,684,517
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$27.36M
For an in-depth examination of EVR stock, go to TipRanks’ Overview page.