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The latest announcement is out from Evolution Energy Minerals Limited ( (AU:EV1) ).
Evolution Energy Minerals Limited announced the commencement of a major soil sampling program at the Chikundo VHMS copper system in Tanzania, scheduled to start on November 24, 2025. The program aims to collect 1,558 samples across two priority grids, enhancing the understanding of the copper corridor and the northeast anomaly. Historical drilling and recent sampling have confirmed significant copper potential, with high-grade copper sulphides and anomalous copper values found in the area. The project is strategically located near the planned Chilalo Graphite plant, offering logistical advantages and future development opportunities. The results of the sampling program are expected to guide future drilling activities in 2026, potentially strengthening Evolution’s position in the copper market.
More about Evolution Energy Minerals Limited
Evolution Energy Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects related to copper, lead, and zinc, with a particular emphasis on the Chikundo Copper-Lead-Zinc Volcanic Hosted Massive Sulphide (VHMS) prospect in southeast Tanzania.
Average Trading Volume: 786,052
Technical Sentiment Signal: Sell
Current Market Cap: A$6.45M
Learn more about EV1 stock on TipRanks’ Stock Analysis page.