Post by Discovery Alert

EV Resources Limited outlines a 10 to 12 month pathway to antimony production at Tecomatlán. Phase 1 drilling is also wrapping up at Los Lirios, sharpening the CRD model. This update brings production planning, metallurgy, permitting, and exploration into one clearer development pathway for EVR’s Mexico antimony strategy. 📌 Announcement Highlights: → Tecomatlán is being advanced as a hub-and-spoke processing plant sourcing third-party ore from Puebla, Oaxaca, and Guerrero. → Existing non-binding MoUs already cover more than 50% of plant nameplate capacity. → This supports the regional toll-processing model. → Flotation test work on Chinantla ore returned about 81% Sb recovery and a 42.4% Sb concentrate grade. → That compares with 29.25% Sb recovery and 20.54% Sb grade from gravity-only processing. → At Los Lirios, Phase 1 drilling, channel sampling, and CSAMT geophysics are now being integrated into a single geological model. → This will guide Phase 2 targeting around shallow, strata-bound CRD mineralisation and feeder structures. 🗣️ Management Commentary: Mike Brown commented: "working at shortening the time frame" ⚙️ Operational Progress: → EVR is progressing the Informe Preventivo for near-term submission. → MIA preparation is continuing. → Metallurgical optimisation work is advancing. → Feedstock and offtake discussions are moving toward definitive agreements. 🔎 Upcoming Catalysts: → Informe Preventivo submission, expected shortly → Further metallurgical optimisation and commercial agreement progress over the coming months → Phase 2 drill targeting and potential resource-focused drilling at Los Lirios, following model integration Read the full article on EV Resources’ path to antimony production: https://lnkd.in/grEdHcSF