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EV Resources Limited ( (AU:EVR) ) has shared an update.
EV Resources Limited has announced significant progress in its exploration program at the Los Lirios Antimony Project in Oaxaca State, Mexico. The company has completed various fieldwork activities, including trenching, channel sampling, and geological mapping, which are advancing the project towards drill-ready status. The systematic exploration efforts are aimed at defining drill targets that will support EVR’s maiden drilling program and subsequent JORC-compliant resource estimate. With antimony scarcity becoming a global concern, EVR’s project aligns with the U.S. and allied nations’ strategic goals to secure independent critical minerals supply chains, positioning the company as a key player in the non-China antimony market.
More about EV Resources Limited
EV Resources Limited is a company operating in the mining industry, focusing on the exploration and development of high-grade antimony projects. The company is strategically positioned to contribute to the global supply chain of antimony, a critical mineral with significant demand in defense, energy storage, semiconductors, and flame-retardant applications.
YTD Price Performance: 30.0%
Average Trading Volume: 15,402,518
Technical Sentiment Signal: Hold
Current Market Cap: A$32.01M
See more insights into EVR stock on TipRanks’ Stock Analysis page.