EV Resources Limited (ASX: EVR) has acquired 18 unpatented claims covering 370 acres in the Cienega District of La Paz County, Arizona, through a joint venture with MineOro Explorations LLC. The newly acquired Golden Eagle Claims are located 13 kilometres from the company’s New Pride Project and cover a copper-gold project that was intermittently mined for copper until the 1920s.
The project has numerous outcrops and old workings on 6km of mineralised structures. The consolidation of land in the Cienega District continues and the project will now be called the “la Cienega Project”. The Cienega District has a history of yielding small copper and gold mines. The acquisition is in line with EVR’s focus on developing its copper portfolio, with the company recently stating its intention to become a leading North American copper producer.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.