EVR extends purchase option for Don Enrique Copper-Silver Project, Peru
Project Name: Don Enrique Project
Project Location: Peru
Project Stage: Advanced Exploration
ProjectBank Summary:
EV Resources Limited (ASX: EVR) is pleased to announce the extension of the purchase option for the Don Enrique Copper-Silver Project in Peru. The option to acquire the remaining 50% of the project has been extended to May 2025, providing EVR with additional time to explore and evaluate the project's potential.
EV Resources Highlights:
Option to acquire the remaining 50% of the Don Enrique Project extended to May 2025.
EVR has committed to spending US$500,000 on the project during the extension period.
The project consists of four licences covering 1,800 hectares, with significant previous copper and silver sample results.
EVR plans to conduct a 2,000-metre diamond drilling campaign in Q3 2024.
MD/CEO Statement:
Hugh Callaghan, Managing Director, commented: "The extension of the purchase option for the Don Enrique Project allows us more time to explore and assess this highly prospective project. With significant previous sample results and a planned drilling campaign, we are optimistic about the project's potential to deliver value for our shareholders."
