EV Resources Limited (AU:EVR) has released an update.
EV Resources Limited has made significant strides in its copper exploration efforts, with the successful drilling of 1980 meters across seven holes at the Parag Copper-Molybdenum Project in Peru, revealing promising intercepts including one of 332 meters with notable copper and molybdenum grades. Additionally, the company has raised A$2.2 million to continue its drilling operations and support its working capital needs. Despite heavy rains, the drilling campaign proceeded without any safety incidents, and results have been encouraging for the copper-focused exploration firm.
For further insights into AU:EVR stock, check out TipRanks’ Stock Analysis page.
