EV Resources (ASX:EVR) plans to begin assaying samples of core early next week from its Parag Copper-Molybdenum Project in Peru, after its Head of Exploration Gonzalo Lemuz and Managing Director Hugh Callaghan visit the site.
The $11 million market capitalisation company says assaying will take place at Certimin S.A in Lima, on an expedited basis, starting with hole APG-001.
Hole APG-11 finished at 479.4m, while hole APG-002 was recently completed at 258.
This week, EV’s management team were overseeing the initial drill campaign and observed the progress of hole APG-003, following the completion of the first 2 holes.
Callaghan says the company is looking forward to the start of the assaying process next week, and to reporting on assay results over the coming weeks.
Drilling is continuing at Parag, with contractor AK Drilling International currently drilling the third hole.
The Parag Project sits 145km north of Lima in the province of Huaura, Peru and covers a 1,299 hectare area.
EV Resources is a diversified mineral explorer with a particular focus on copper in the Americas.
As of 31 December 2023, the company had $872,000 cash and cash equivalents at hand, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: EV Resources
