EV Resources (ASX:EVR) is planning further detailed mapping and sampling work at its La Cienega Copper-Gold Project in Arizona, US.
Once results have been received from these programs, drill targeting studies will be undertaken at the project.
This announcement comes after EV completed an initial geological review of the project, with assays from the 119 samples collected averaging 0.88% copper (Cu), 2.51g/t gold (Au), 5.61g/t silver (Ag).
In the Eagle zone, one sample returned a gold assay of 83.87g/t Au, 2.9% Cu, and 7.7g/t Ag. This was the highest-grade result recorded from the sampling work.
During the summer field season, EV visited its New Standard Project area, which had been previously mapped and sampled in 2022.
EV says mineralisation observed in the east area is hosted in carbonates, iron-oxides, and copper-oxides, though it’s patchy and discontinuous. As such, this land position has been dropped so EV can focus on exploration in the west area.
Sampling conducted by Mineoro in the west area returned gold values ranging from 0.019 parts per million (ppm) up to 23.10ppm.
The La Cienega project is located within Ia Paz County in west-central Arizona and covers a total area of 2,996 acres.
It lies in the Buckskin Mountains and covers ground in the Cienega sub-district of the Buckskin mining district.
EV Resources is an ASX-listed copper explorer focused on discoveries in the US. As of 30 June 2023, the company had $514,000 cash at hand and $25 million in unused finance facilities, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: EV Resources