Latest EV Resources (ASX:EVR) News

EV Resources has locked in 200 tonnes of premium antimony ore near its Tecomatlán plant, setting the stage for its first commercial processing campaign under a five-year supply deal.

Small-cap resources stocks led the week, while takeover activity and strong company results added to the gains. Wellnex Life more than doubled, but sharp falls in Trek Metals and Ionic Rare Earths showed that positive news did not always bring buyers.

Materials shares delivered another strong week, led by a 60.61% rise at iTech Minerals and major gains across gold, copper and critical minerals.
Investors rewarded fresh drilling results, larger mineral resources, project approvals and new supply agreements, although several heavily sold stocks showed that early buying did not always last.

EV Resources has secured its first binding five-year ore supply agreement with Chinantla, underpinning its Proof-of-Concept antimony processing campaign at Tecomatlán and advancing its regional hub strategy.

EV Resources has secured sub-underwriting commitments covering the full $1 million underwritten portion of its $1.52 million rights issue, with key insiders stepping up to back the capital raise.

EV Resources has successfully commissioned the flotation circuit at its Tecomatlán plant, setting the stage for processing bulk ore and producing its first marketable antimony concentrate as it advances toward commercial production.

Mining news drove the week, with drilling hits, funding wins and takeover bids pushing several small and mid-cap names sharply higher or lower. The biggest swings came from tin, platinum group metals and copper, while gold M&A in WA stayed at the centre of trading.

Big movers came from drill hits, takeover bids and fresh funding, but several stocks still fell even after good news. That mix says investors are rewarding clear near-term value, while punishing names where timing, cost or delivery still feel uncertain.

EV Resources (ASX:EVR) accelerates its Tecomatlán plant timeline to 10-12 months for flotation circuit operation using third-party ore, while concluding Phase 1 drilling at Los Lirios with high-grade antimony results and validated assays.

EV Resources has delineated two structurally controlled mineral corridors at its Nevada projects, defining a clear path to drill targets amid growing US antimony supply concerns.

A tiny gold explorer, a battery materials stock and a biotech name led a week packed with dealmaking, drilling news and fresh funding. Resources did most of the heavy lifting, while several big gaps either held firm or gave back part of their early jump.

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.