EV Resources confirms gold grades up to 3.88 g/t at its Dollar Project, reinforcing its polymetallic potential alongside strong antimony, copper, and silver mineralisation. Soil sampling at Dollar and Milton wraps up, setting the stage for maiden Nevada drilling amid critical minerals supply concerns.
- Gold assays up to 3.88 g/t verified at Dollar Project
- Polymetallic system includes antimony, copper, and silver
- Soil geochemistry programs completed at Dollar and Milton
- High-priority drill targets to be defined for maiden Nevada campaign
- Nevada projects positioned to address US critical minerals supply risks
Gold Confirmation Elevates Dollar Project's Profile
EV Resources (ASX:EVR) has removed a key uncertainty by verifying previously reported gold assays of up to 3.88 g/t at its Dollar Project in Nevada. This confirmation by ALS Laboratories using fire assay methods not only validates earlier findings but also cements Dollar as a high-grade polymetallic system combining precious and critical metals.
Alongside gold, the project boasts exceptional grades of antimony (up to 15.05%), copper (17.8%), and silver exceeding 10,000 ppm, positioning Dollar as a rare polymetallic asset with significant economic potential. These results underpin the geological model and provide a strong foundation for advancing exploration efforts.
Soil Sampling Completes, Drill Targets in Sight
Systematic soil geochemistry programs have been completed at both the Dollar and Milton projects, with samples collected on 25m grids designed to map extensions of known mineralised veins. Milton, located 80km from the Hawthorne Critical Metals Supply Depot, has previously returned antimony grades up to 9.82% and copper at 24%, confirming its own high-grade credentials.
Results from these soil programs are expected within 5-7 weeks and will be integrated with structural geological data to define priority drill targets ahead of EVR's maiden Nevada drilling campaign. This approach signals a methodical progression from reconnaissance to targeted exploration, essential for unlocking the projects' value.
The Nevada assets sit in a mining-friendly jurisdiction near established operations like the Round Mountain gold mine, enhancing their strategic appeal. This is particularly relevant given the acute global supply risks for antimony, a critical mineral dominated by China and Russia, and vital for defense and energy technologies.
Dual-Hub Strategy Anchors North American Supply Ambitions
EVR’s Nevada projects complement its near-term production plans at the Tecomatlán Processing Plant in Mexico, expected to be operational by the end of 2026. This dual-hub strategy aims to address immediate global supply shortages while building a long-term domestic US pipeline for critical minerals.
This approach aligns with the US government’s critical minerals priorities and reflects a broader industry push to secure supply chains amid geopolitical tensions. EVR’s CEO Mike Brown highlighted the structural nature of the antimony deficit, underscoring the strategic importance of their Nevada assets alongside their Mexican operations.
The company is also progressing other milestones, including geophysical survey results and phase 1 drill assays in Mexico, as part of its broader push to transition from exploration to production. The integration of these developments paints a picture of a company positioning itself at the forefront of critical minerals supply in North America, supported by recent extensive shallow CRD antimony system confirmation at its Los Lirios project.
What Lies Ahead for EV Resources’ Nevada Assets
With soil assay results pending and drill targets being finalised, the coming months will be pivotal for EVR’s Nevada projects. The maiden drilling campaign, expected in the second quarter of 2026, will test the polymetallic system’s scale and economic potential.
Given the strategic imperative to develop domestic sources of antimony and associated metals, the market will be watching how these early-stage exploration efforts translate into resource delineation and potential production pathways. The interplay between EVR’s Mexican processing capabilities and US exploration assets will be a key dynamic shaping the company’s trajectory.
Bottom Line?
Verified gold assays at Dollar elevate EVR’s Nevada projects from promising to strategically critical as the company prepares for maiden drilling and leverages its dual-hub North American supply strategy.
Questions in the middle?
- Will maiden drilling confirm the scale and continuity of polymetallic mineralisation at Dollar and Milton?
- How will pending soil assay results refine drill targeting and resource potential?
- Can EVR’s dual-hub strategy effectively mitigate global antimony supply risks amid geopolitical tensions?