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Evolution Energy Minerals Limited (ASX:EV1)

ALERT: Price-sensitive ASX Announcement for EV1
Current share price for EV1 : $0.009 0.001 (12.50%)+
Announcement
Release
15 Jun 2026 8:20AM
Price at Release
$0.008
Full Release
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Summary
Evolution Energy Minerals Limited has designed its maiden drilling programme for the Chikundo Copper Project in Tanzania, with drilling scheduled to begin in June 2026. The programme will test four copper targets identified through soil sampling, involving 17 reverse circulation (RC) holes totalling approximately 3,350 meters. The focus will be on nine priority holes targeting the Malachite Pit area and the Chikundo anomaly, with additional optional holes depending on initial results. Site preparation is underway, and the company has closed the tender for a drilling contractor, ensuring compliance with local content requirements. The programme is aimed at confirming whether surface copper anomalies extend at depth, potentially enhancing the project's value.
Key Points
  • Maiden drilling programme at Chikundo Copper Project designed with 17 RC holes.
  • Focus on Malachite Pit area and Chikundo anomaly with nine priority holes.
  • Drilling contractor tender closed and site preparation underway.
  • Drilling set to commence in June 2026 with assay results to follow.
  • Four copper targets defined by soil sampling to be tested.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.