EV Resources LimitedASX: EVR

High-Grade Ore Secured to Commence PoC Processing Campaign

· Issued by EV Resources Limited

Filed with ASX · · 6 pages · English

Summary by 6ix AI

EV Resources Limited has announced the acquisition of high-grade antimony ore to initiate its Tecomatlán processing campaign, marking a significant step in its operations in Mexico. The company has secured a binding agreement for the purchase of a specific quantity of ore, which is expected to facilitate the commencement of proof-of-concept processing. This purchase is part of a larger strategy to establish a regional processing hub for antimony, aimed at enhancing supply chain efficiency and reducing reliance on distant processing facilities. The announcement outlines the terms of the purchase agreement, including payment structures linked to actual delivery and processing outcomes.

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