This announcement details EV Resources‘ progress on its Nevada antimony portfolio, confirming high-grade gold at the Dollar Project and advancing systematic drill targeting across both Milton and Dollar properties. The company is positioning itself as a domestic US antimony supplier amid critical supply chain concerns.
Dollar Project: Gold Verification Confirms Polymetallic System
Gold assays at Dollar have been independently verified by ALS Laboratories, confirming previous results with fire assay methods and certified standards. Three samples returned confirmed gold values:
| Sample ID | Material Type | Gold Grade (g/t Au) |
|---|---|---|
| D-14 | Dump | 2.01 |
| D-15 | Dump | 3.88 |
| D-16 | Float | 2.73 |
Verification removes analytical uncertainty from earlier analysis and validates the polymetallic nature of the deposit.
The confirmed gold presence establishes Dollar as a polymetallic system, combining precious metals with critical metals. Combined with previously reported antimony (15.05%), copper (17.8%), and silver (>10,000ppm), this integration materially strengthens the project’s economic potential and geological confidence.
Systematic Soil Geochemistry Program: Mapping Extensions
Both Milton and Dollar projects have completed detailed soil geochemical surveys designed to identify extensions to known mineralized structures and prioritize drilling targets. The methodology used:
- Grid-based sampling at 25m stations
- Samples collected from B horizon soil (excludes surface weathering)
- Integration with structural interpretation for high-priority target definition
- Results expected within 5–7 weeks
Milton Project (80km from Hawthorne Critical Metals Depot):
- Peak antimony assays: 9.82%
- Peak copper assays: 24.00%
Dollar Project (12km from Round Mountain Gold Mine):
- Peak antimony: 15.05%
- Peak copper: 17.8%
- Silver: >10,000ppm (~320 ounces)
Strategic Context: Critical Minerals Supply Security
Antimony is a US-designated critical mineral essential for defence applications (munitions, drones, communications) and next-generation energy storage. Current global supply is dominated by China and Russia, creating acute Western supply-chain vulnerability.
EVR’s Nevada assets offer rare domestic US production opportunity within a premier mining jurisdiction. This positioning facilitates ongoing dialogue with US agencies managing critical minerals de-risking. The company’s dual strategy combines near-term production capability at its Tecomatlán processing plant in Mexico with long-term polymetallic development in Nevada.
Key Technical Takeaway
The verification of gold at Dollar removes analytical uncertainty and confirms the deposit’s polymetallic characteristics—a critical distinction that enhances economic viability beyond single-commodity scenarios. Soil geochemistry results will now guide high-priority drill targeting, establishing a technical foundation for maiden drilling expected this year.