EV Resources (ASX:EVR) has reached agreement with a resources private investor based in the US to obtain 49 unpatented claims over the Coyote Creek Antimony Project.
The Coyote Creek claims are located in Garfield County, Utah, 11km east of the town named Antimony. The Canyon in which it is located is referred to variously as Coyote Creek Canyon or Antimony Canyon.
Access to the project is via paved roads and then unpaved forestry roads navigable with a low clearance vehicle.
EV Resources says the US imports all of its antimony concentrates at present and the Coyote Creek Project appears to have the potential to become a domestic supplier of antimony at a time of well documented supply shortages.
This agreement follows EV Resources’ recent announcement of the proposed acquisition of 70% of Los Lirios, an open pit antimony mine in Oaxaca state Mexico.
The Coyote Creek Project fits with the company’s preference to develop an Americas antimony division based upon open pit mining opportunities.
Write to Adam Orlando at Mining.com.au
Images: EV Resources
