EV Resources (ASX: EVR) provides an update on its activities for the quarter that ended on 30 June 2024. The company released the results of its 1980-meter HQ diamond core drilling program, which have uncovered outstanding copper-molybdenum drill results, revealing the enormous potential of the Parag project. Notably, angled drill holes through the breccias into porphyry intrusive suggest the potential for porphyry mineralization at shallower depths than previously thought. With impressive lengthy intercepts such as 476 meters at 0.31% Cu and 0.14% Mo and 258.8 meters at 0.40% Cu and 0.14% Mo, EVR is on the cusp of something big.
In addition, EVR has secured a one-year extension until 4 May 2025 to purchase the remaining 50% of the Don Enrique project for US$850,000, affirming its commitment. Moreover, the company has obtained a license for the adjacent Estrella, indicating a promising extension of sulfide mineralization based on IP surveys. This is just the beginning of an exciting journey, and EV Resources is on track for remarkable success.
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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.
