EV Resources (ASX:EVR) gains drill permits for Parag Copper-Molybdenum Project in Peru

EV Resources will commence diamond drilling at Peru's high-grade Parag Copper-Molybdenum Project after obtaining all required permits.

The project will undergo an initial 8,000m drilling program targeting sites with historical but unreported holes.

EVR aims to define a shallow resource on outcropping breccias while exploring a deeper, long-term porphyry copper target.

The drilling, scheduled to start on Jan. 1, 2024, is expected to reveal the project's significant potential, with widespread mineralisation demonstrated over substantial strike and width.