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EV Resources Limited (ASX:EVR)

ALERT: Price-sensitive ASX Announcement for EVR
Current share price for EVR : $0.005 -0.001 (-16.67%)+
Announcement
Release
30 Jun 2026 9:52AM
Price at Release
$0.006
Full Release
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Summary
EV Resources Limited has announced the results of channel sampling at its Los Lirios Antimony Project, revealing high-grade antimony mineralization with grades up to 25.2% Sb. The systematic sampling confirms a continuous carbonate replacement deposit (CRD) system with strong structural control. The sampling method provides superior sample representativity, avoiding issues typical of diamond drilling. High-grade antimony is closely associated with feeder structures, providing a vectoring tool for future drilling phases. The results will be incorporated into a maiden JORC Resource Estimate, expected by Q4 CY2026. EVR plans to continue exploration with Phase 2 drilling to further evaluate the deposit.
Key Points
  • EV Resources Ltd confirmed high-grade antimony mineralization at Los Lirios Antimony Project with grades up to 25.2% Sb.
  • Systematic channel sampling across historical underground workings validated a continuous, structurally controlled CRD system.
  • The project targets high-grade antimony within a carbonate replacement deposit (CRD) unit, spatially related to feeder structures.
  • A total of 54 channel samples were cut perpendicular to mineralized faces within four principal underground adit systems.
  • The samples showed strong structural control, with mineralization hosted in a silicified limestone replacement unit beneath a gypsum capping layer.
  • EV Resources aims to integrate these results into a maiden JORC Resource Estimate by Q4 CY2026.
  • The successful sampling de-risks the geological model and provides a reliable baseline for future exploration and resource modeling.
  • Future plans include Phase 2 drilling to test vectoring structures and advance towards a resource estimation model.
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.