EV Resources sets 12-month production timeline

• EV Resources announced a 10 to 12 month timeline to complete its integrated flotation plant build.
• The company's stock remained steady following the release of the updated schedule and exploration results.
• The integrated build aims to deliver a higher value concentrate and secure short-term third-party ore supply.

EV Resources (ASX:EVR) has disclosed a 10 to 12 month estimated operation timeline for its integrated Tecomatlán flotation plant.

This integrated strategy replaces the previous guidance of the company for an end of calendar year 2026 completion.

The company stated that the new build will extend the original schedule by approximately four months. The extension is expected to deliver a higher value concentrate.

Following the announcement, the EV Resources share price was unchanged at $0.006.

Separate exploration results at Cofradia confirmed a high-grade channel assay intercept of 2.2 metres at 5.2% antimony.

The company also concluded phase one drilling at Los Lirios after intersecting a minor carbonate replacement deposit unit.