Slide 1: Drill Programme Update: Peru Projects
ASX: EVR Advancing Copper Exploration In The Americas Drill Programme Update: Peru Projects January 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by EV Resources Limited (“EVR”). The information Compliance Statement contained in this presentation is a professional opinion only and is given in good faith. The This presentation contains information extracted from ASX market announcements material i
Slide 3: Peru – two drill permitted projects central to EVR's overall copper strategy
Peru – two drill permitted projects central to EVR’s overall copper strategy Project Commodity Drill Status Drill permit granted (Dec 2023). Copper- Review of old data and drill PARAG Molybdenum core completed resulting in a revised geological model. Drill permit granted (Oct 2023). Mapping, samplin
Slide 4: Parag Project permitted to drill - December 2023
PARAG: COPPER-MOLYBDENUM Parag Project permitted to drill - December 2023 • The drill permits allow EVR to drill multiple holes from 20 platforms which will provide a year of constant work in 2024 while the company permits a larger programme. • The substantial body of drilling to date at Parag provi
Slide 5: Parag Project – High Grade Copper-Molybdenum
PARAG Parag Project – High Grade Copper-Molybdenum • EVR holds 70% of the Parag project, and the original owner retains a 30% free carried interest to a Bankable Feasibility Study, with a non diluted interest of 12% at production. • 76 Diamond Core holes have been drilled in Parag. We have the drill
Slide 6: Major Mining Groups View The Region As Highly Prospective
PARAG Major Mining Groups View The Region As Highly Prospective • Parag is surrounded by major mining groups drawn to the cluster of porphyry orebodies in a largely unexplored region of recent focus. • EVR has initiated discussions with their counterparts to attain a better understanding of the pros
Slide 7: Parag Project: A new geological model defined
PARAG Parag Project: A new geological model defined • The high-grade Parag Copper-Molybdenum project in Peru is an advanced copper project with substantial historical drilling, sampling and geophysics and is the focal point of the Company’s copper-focused activities. • During Q3, EVR’s team reviewed
Slide 8: Exceptional Grades Warrant Further Exploration
Exceptional Grades Warrant Further Exploration • The revised geological model reflects the impact of exceptionally high molybdenum grades which is to raise the grade of ore on a copper equivalent basis. Molybdenum will provide substantial by-product credits that reduce the costs of copper production
Slide 9: 76 Diamond Holes Drilled To Date In Two Campaigns
PARAG 76 Diamond Holes Drilled To Date In Two Campaigns 8
Slide 10: Parag – Plan View and Cross Section (Copper Equivalent)
Parag – Plan View and Cross Section (Copper Equivalent) Plot of historical drill holes in a SW-NE section shows Cu-Mo mineralization over a 1200m strike, a 500 m width, and open at depth with substantial targets for extensional and infill drilling. Note: The figures are generated with Cu Eq (Copper
Slide 11: Molybdenum (Mo): Adding To Parag Value
PARAG Molybdenum (Mo): Adding To Parag Value • Molybdenum is usually found in an ore known as molybdenite which can occur as primary mineralisation, but most commonly is associated with copper ores in mines in Peru, Chile, Mexico and the USA. China is the worlds largest producer, with 40% of the mar
Slide 12: Copper and Molybdenum Grades shown in Cross Section
PARAG Copper and Molybdenum Grades shown in Cross Section
Slide 13: Parag – Hole VIE-01 – Sample Point A
Parag – Hole VIE-01 – Sample Point A The core sampled at point A) is a monomictic breccia clast supported, with strongly altered quartz-sericite (green)-chlorite hornfels clasts. Spaces filled with chalcopyrite, molybdenite, pyrite and granular silica . Interval 4.5m-6.4m assays 1.9m @ 3.33%Cu, 0.59
Slide 14: Parag – Hole VIE-01 – Sample Point B
Parag – Hole VIE-01 – Sample Point B The core Sampled at point B) is a polimictic breccia clast supported, with strongly altered quartz-sericite (green)-chlorite angular hornfels and rounded felsic porphiritic clasts. Spaces filled with molibdenite cement, chalcopyrite, traces of bornite and granula
Slide 15: Parag – Hole VIE-01 – Sample Point C
Parag – Hole VIE-01 – Sample Point C The core sampled at point C). Shows Massive sulfide veins of pyrite, chalcopyrite cut polymictic breccia mostly forme m by hornfels fragments and sporadically fragments of felsic intrusive with porphyritic texture. Quartz-sericite (green)-chlorite alteration main
Slide 16: Parag – Hole VIE-03 – Sample Point D
Parag – Hole VIE-03 – Sample Point D The core shown at Sample point D) demonstrates crackle breccia in hornfels, chalcopyrite, pyrite, traces of bornite in veins and disseminated molybdenite. Strong to pervasive quartz-sericite-chlorite alteration and strong silicification in patches. Centimetric ma
Slide 17: Parag – Hole VIE-03 – Sample Point E
Parag – Hole VIE-03 – Sample Point E The core at Sample Point E) shows clast-supported breccia dominated by hornfels and sporadic fragments of felsic intrusive with porhyritic texture, filled with molybdenite and chalcopyrite and rock flour matrix. Strong silicification. Interval 51.9m-53.9m assays
Slide 18: Parag – Hole VIE-03 – Sample Point F
Parag – Hole VIE-03 – Sample Point F The core sampled at point F) shows Clast-supported breccia dominated by quartz monzonite equigranular intrusive and some fragments of hornfel, filled with molybdenite and chalcopyrite and rock flour matrix. Strong silicification and quarz-sericite pervasive alter
Slide 19: Panoramic View of the Parag Project
Panoramic View of the Parag Project • Planning for the for the upcoming drilling program is shown in red dots. • The blue polygon corresponds to the Viento mining right, which is where Phase 1 of drilling will be carried out (EV Resources). • Red polygons of the 3 additional mining concessions that
Slide 20: The Parag Project - Numerous Undrilled Targets
The Parag Project - Numerous Undrilled Targets • Areas marked in red show areas of outcropping breccia with reported drilling • Areas shown in orange correspond to areas of mineralized breccia that have not yet been evaluated or explored – and are considered future targets within the white dotted li
Slide 21: The Parag Project location relative to communities
The Parag Project location relative to communities SOURCE: GOOGLE EARTH
Slide 22: Don Enrique: A Drill Ready Copper-Silver Project in Peru
DON ENRIQUE Don Enrique: A Drill Ready Copper-Silver Project in Peru • EV Resources commenced exploration at the Don Enrique Project in Peru in late August 2022. • The Project is owned by EVR’s 50% owned subsidiary, Minera Montserrat SAC. • In total, 14 licenses cover 1,800Ha in an area 30km Northea
Slide 23: Don Enrique is now ready to drill a compelling Chargeability Anomaly
DON ENRIQUE Don Enrique is now ready to drill a compelling Chargeability Anomaly • An Induced Polarisation Survey carried out at the end of 2022 and at the beginning of 2023 has defined a compelling chargeability anomaly to be tested by an initial 2,000 metre diamond drilling campaign. • The chargea
Slide 24: A 2000 metre diamond drill programme Planned for early 2024
A 2000 metre diamond drill programme Planned for early 2024 • Channel sample results show elevated copper results over the Main Breccia Zone for a 550m strike extent. • 28 of the 108 samples demonstrated copper values greater than 0.30% and up to 3.22% Cu. • 17 of the samples recorded silver values
Slide 25: Further Information
ASX: EVR FURTHER INFORMATION Luke Martino Non-Executive Chairman Tel: +61 8 6489 0600 E: luke@EVResources.com.au Hugh Callaghan Managing Director Tel: +61 8 6489 0600 E: hugh@evresources.com.au