Why EV Resources’ Dollar Antimony Project Could Reshape US Critical Mineral Supply

Strategic Acquisition in a Tier-1 Mining Jurisdiction

EV Resources Limited (ASX – EVR) has taken a significant step in its North American expansion by acquiring 100% ownership of the Dollar Antimony Project, a historic mining site in Nye County, Nevada. This acquisition aligns with the company's broader strategy to secure critical mineral assets essential for the United States' energy and defense sectors.

The Dollar Project comprises eight unpatented mining claims covering 160 acres, situated in a mining-friendly jurisdiction with excellent road access near Nevada State Route 376. Its location adjacent to Military Metals Corp’s Last Chance Project highlights the emergence of a promising antimony district within the Great Basin region.

High-Grade Antimony Potential Backed by Historical Data

Historical sampling at Dollar has revealed exceptionally high antimony grades, with assays reaching up to 40.63% Sb. Modern US Geological Survey data further confirms significant mineralization, reporting values up to 1.0% Sb alongside silver, lead, and copper credits. The project features three adits and an inclined shaft, providing direct underground access for future exploration activities.

Geologically, the project sits at the contact between Tertiary volcanic rocks and Paleozoic sediments, a structural setting known to host antimony mineralization. The presence of stibnite within shear zones and associated polymetallic mineralization suggests strong potential for a sizeable deposit.

Critical Mineral Importance and US Supply Chain Security

Antimony is classified as a critical mineral by the US government due to its indispensable role in defense applications, such as munitions and armor, and in energy storage technologies like liquid metal batteries. With China dominating over 80% of global antimony supply, the US is actively seeking to develop domestic and allied sources to reduce supply chain vulnerabilities.

EV Resources’ acquisition of the Dollar Project places it at the forefront of this strategic imperative, potentially contributing to a secure North American supply of antimony. The project’s proximity to US military installations and testing ranges further underscores its strategic value.

Next Steps and Exploration Outlook

EVR plans to initiate a detailed mapping and sampling program in the December quarter of 2025. This work aims to validate historic high-grade zones, extend mineralized areas across the claim package, and define priority drill targets for the final quarter of the year. While no drilling has yet been conducted by EVR, the groundwork is set for a methodical exploration campaign.

Non-Executive Chairman Shane Menere highlighted the exceptional opportunity the Dollar Project represents, citing its high-grade assays and geological setting comparable to world-class antimony deposits. The company’s forward-looking approach will be closely watched by investors keen on critical minerals exposure in a geopolitically strategic region.