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Evion Group NL (ASX:EVG)

ALERT: Price-sensitive ASX Announcement for EVG
Current share price for EVG : $0.027 -0.003 (-10%)+
Announcement
Release
29 Jun 2026 8:27AM
Price at Release
$0.030
Full Release
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Summary
Evion Group NL has commenced a staged exploration program at the Carp Fluorspar Project in Nevada, USA. This program is designed to advance exploration in a newly identified northwest corridor and includes drone-based and ground magnetic surveys, followed by surface geochemical sampling. The Carp Project spans 493 hectares and is critical due to fluorspar's importance as a mineral, especially given the U.S.'s complete reliance on imports. Recent field activities have confirmed high-grade fluorspar, indicating significant potential for further exploration and development.
Key Points
  • Evion Group NL has outlined a staged exploration program for the Carp Fluorspar Project in Nevada, USA.
  • The exploration aims to advance the newly identified northwest corridor toward drilling.
  • The program includes drone-based and ground magnetic surveys, followed by surface geochemical sampling.
  • The project covers 59 unpatented lode claims over 493 hectares in the Viola Mining District.
  • Fluorspar is a critical mineral with significant demand in the United States, which imports 100% of its fluorspar.
  • The U.S. Department of Defense has emphasized the strategic importance of securing fluorspar supply chains.
  • Evion's field activities include sampling in a newly identified extensional corridor to the northwest.
  • The Carp Project has a history of mining, with grades up to 88.15% CaF2 confirmed in recent sampling.
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.