EV Resources (ASX: EVR) has completed the verification of earlier assays grading up to 3.88 grams per tonne gold from its Dollar antimony project in the US state of Nevada.
ALS Laboratories used fire assay verification in concert with certified ore research and exploration assay standards to review gold values across three samples.
The data generated has validated the original results, removing analytical uncertainty associated with previous analysis.
EV believes this establishes Dollar as a high-grade polymetallic system with critical and precious metals endowment, strengthening its prospectivity and economic significance ahead of maiden drilling.
Soil Geochemistry Program
EV has completed a systematic soil geochemistry program at the Dollar and Milton Canyon projects, focused on high-grade polymetallic vein systems identified during initial site visits.
This work follows reconnaissance results that included 15.05% antimony, >10,000 parts per million silver, and 17.8% copper at Dollar, along with 9.82% antimony and 24% copper at Milton, highlighting the strength of mineralisation across the company’s Nevada portfolio.
Soil geochemistry mapped possible extensions to the projects’ mineralised structures, with Impact planning to integrate the results with structural interpretation data to define high-priority drill targets ahead of a maiden campaign.
The systematic sampling results are expected to be returned within five to seven weeks.
US Domestic Antimony Supply
Antimony is a critical mineral essential for defence applications including munitions, drones, and communications hardware, as well as next-generation energy storage.
With global supply currently dominated by China and Russia, western markets are facing an acute security-of-supply risk and the race is on to secure new sources of antimony.
EV’s wholly-owned Nevada assets present an opportunity for new domestic US supply from a premier mining jurisdiction and their development is expected to facilitate continued dialogue with US agencies tasked with de-risking the critical minerals supply chain.
“The current global antimony shortage is not a temporary spike,” EV chief executive officer Mike Brown said, “it is a structural deficit driven by the essential role this metal plays in modern defence and energy infrastructure.”
“By systematically advancing Dollar and Milton, we are building a domestic US pipeline that complements our near-term production capability in Mexico.”
“With our Tecomatlán plant expected to be operational by the end of this year, EVR is exceptionally well-placed to become a key Western supplier at a time when it is needed most."
