Los Lirios Project Shows 4.5km Mineralised Strike with Promising Metallurgical Results

Exploration Confirms Significant Antimony Potential

EV Resources (ASX – EVR) has delivered a compelling update on its Los Lirios Antimony Project in Puebla, Mexico, revealing a structurally controlled mineralised corridor extending at least 4.5 kilometres along a 6-kilometre fault zone. Recent fieldwork, including detailed mapping and trenching, uncovered widespread stibnite mineralisation and large breccia bodies, some exceeding 70 metres in width and 380 metres in length, highlighting the scale and continuity of the system.

The company collected 310 channel samples from 27 trenches, with assay results expected later this month. These surface indications provide a robust foundation for the imminent maiden drilling program, which aims to test high-priority targets identified through this extensive groundwork.

Metallurgical and Plant Engineering Progress

Complementing the exploration success, preliminary metallurgical testwork has demonstrated promising gravity recoveries, suggesting a straightforward path to producing antimony concentrate. This is a critical step in validating the economic potential of the deposit and supports EV Resources’ ambition to fast-track development.

In parallel, engineering and scoping studies for the nearby Tecomatlán processing plant are advancing well. The plant, located just 50 kilometres from Los Lirios, offers a near-term processing solution, including the potential to treat ore sourced from artisanal miners. Vendor quotations are underway to refine capital and operating cost estimates, further de-risking the project’s development pathway.

Community Engagement and Next Steps

EV Resources has also made positive strides in securing surface-rights and access agreements with local communities, an essential component for smooth project advancement. Managing Director Mike Brown emphasized the company’s on-the-ground presence and commitment to progressing approvals and drilling preparations.

Looking ahead, the company anticipates receiving assay results and final metallurgical data by late November, finalizing permitting for a 2,000-metre drill program, and selecting a drilling contractor. Additionally, geophysical surveys planned for early 2026 aim to refine targeting at depth and along strike, potentially unlocking further resource upside.

With a combination of strong exploration results, encouraging metallurgical data, advancing plant engineering, and positive community relations, EV Resources is positioning Los Lirios as a promising candidate for rapid development in the critical minerals sector.