EV Resources on track for antimony hub production in Mexico

• Multiple workstreams advancing at Los Lirios antimony project
• Tecomatlán plant operational readiness on track for 2H2026
• New San Miguel vein structure uncovered

EV Resources (ASX: EVR) continues to have success on a number of fronts as it ramps up its Mexico Antimony Hub strategy.

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The company’s near-term antimony production plans have hit a number of key milestones with refurbishment of the Tecomatlán processing plant progressing, maiden drilling advancing and geophysical surveys underway.

CEO, Mike Brown, said with the Tecomatlán plant on target for operational readiness for 2H2026, a cornerstone of EVR’s near-term production strategy is making good progress with the company aiming to process ore from artisanal miners whilst it advances the Los Lirios mining project.

“Activities at Tecomatlán are progressing, which is very pleasing given the plant’s importance to our strategy of reaching near-term production,” Mr Brown said.

He also highlighted the commencement of geophysical surveys as a big step in unlocking the antimony potential of Los Lirios.

“CSAMT has been chosen as the most appropriate method given presence of stibnite as the dominant sulphide associated with mainly quartz. We are expecting the detailed survey over the initial high-priority prospects to provide an extremely valuable tool,” Mr Brown said.

“Combining findings from the survey with results from current drilling will allow us to calibrate results and establish a fingerprint we can use in immediate drill targeting, as well as establishing it as an ideal exploration tool.”

The company is also focused on testing nearly five km of the highly prospective Lirios Fault Zone (LFZ) at Los Lirios.

The geophysical survey at Los Lirios is designed to provide systematic, property-scale mineralisation and structural data for target delineation and drill planning.

The program comprises a controlled-source-audio-frequency magnetotellurics (CSAMT) survey of 13 line kilometres (five km at Lirios 1 and eight km over the Hormiguero and Lirios 2 areas) and a ground magnetics survey over Lirios 1 to define the structural controls governing the hydrothermal system,

The survey will cover around 1.3km of strike length over the regional LFZ, which is at least six km in length and considered by the company as a critical control over antimony mineralisation within a significant hydrothermal system.

A previously unrecognised San Miguel vein structure has recently been uncovered at the Lirios 1 target, highlighting the near-surface potential of the project area and providing additional drill targets.

EVR is steady at 0.9¢. Mkt cap $27.36M.

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