EV Resources Unveils High-Grade Antimony and Copper at Dollar Project, Nevada

Initial High-Grade Discoveries at Dollar Project

EV Resources (ASX, EVR) has announced highly encouraging assay results from its 100%-owned Dollar Antimony project in Nevada, revealing significant concentrations of antimony, copper, and silver. The reconnaissance sampling, conducted in November 2025, returned standout grades including 15.05% antimony, 17.8% copper, and over 10,000ppm silver from historic dump and vein samples. These results confirm the presence of a polymetallic vein system rich in critical minerals, with gold mineralisation also evident though awaiting assay verification.

Strategic Location and Geological Context

Situated just 12 kilometres from Kinross Gold’s Round Mountain Mine and within the mining-friendly jurisdiction of Nevada, the Dollar project benefits from excellent infrastructure access and regulatory stability. The project lies within the Humboldt-Toiyabe National Forest and features historic workings dating back to World War II, which have seen little modern exploration until now. The geological setting is characterised by structurally controlled mineralisation hosted in shear zones and faults, typical of the Great Basin region’s polymetallic deposits.

Implications for Critical Mineral Supply Chains

Antimony, copper, silver, and gold are all listed as critical minerals by the US government, reflecting their importance in energy storage, defence, and high-tech applications. EV Resources’ findings at Dollar align with growing US policy efforts to reduce reliance on foreign supply chains, particularly from China. The company’s Managing Director, Mike Brown, highlighted the positive environment created by these geopolitical dynamics and the metals’ near all-time price highs, reinforcing the project’s strategic value.

Next Steps in Exploration and Development

Building on these promising early results, EV Resources plans to commence a detailed soil geochemical survey and geological mapping program in March or April 2026. These activities aim to delineate drill targets and better understand the extent and orientation of the mineralised systems. While no drilling has yet been undertaken, the company is advancing its exploration pipeline with additional projects in Nevada and Mexico, including the Milton and Los Lirios projects, positioning itself as a near-term producer in the critical minerals sector.

Cautious Optimism Amid Pending Assay Verification

One should note that gold assay results are currently under quality assurance review due to laboratory discrepancies. The initial sampling was reconnaissance in nature, primarily from historic dumps and float material, and may not fully represent the in-situ grades. Nonetheless, the high-grade antimony and copper results provide a compelling foundation for further exploration and potential resource development.