EV Resources (ASX:EVR) sample a high grade taste of la Cienaga

EV Resources (ASX:EVR) sample a high grade taste of la Cienaga

September 29, 2023 0 By Rueben Hale

EV Resources have gotten an early high-grade look at its la Cienaga Copper-Gold Project, and systematic sampling has come home with enviable average values from the Buckskin Mountains of central Arizona.

Average grades came in at 0.88% copper, 2.51g/t gold, and 5.61g.t silver from 119 samples, with a top gold assay of 83.87g/t gold, 2.9% copper and 7.7g/t silver coming from the project’s recently pegged Eagle Zone.

There are more than 4000 metres of underground workings at the Eagle Zone, but with most developments occurring before the Titanic, there is minimal reporting to be found on its past productivity.

What records, maps, and sections were kept have been now integrated into a working 3D model and the company has observed numerous vein threads extending southwest and a nearby basement detachment fault to explore.

Early exploration at the New Standard Project Area found mineralisation to be patchy and discontinuous, and EVR has dropped the position to go West.

The western portion holds more intriguing mineralisation related to both low-angle zones and the sub-vertical structures which host volcanic-related mineralisation and has so far yielded an average sample value of 2.76g/t gold.

EVR is plotting a more detailed sampling and trenching campaign at la Cienaga before circling in on targets for the drill.

The Perth-based company got cashed up to accelerate its American copper exploration, and also has a pair of Peruvian assets to advance as the nation looks to get its production back on track, and the world looks for a bridge to impending shortfalls.

EVR La Cienaga Map
Claims and geological features
EVR.AX
EVRESOURCE FPO [EVR]
ASX
up arrow$0.005
$0.0000
0.00%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MarketOpen is an online digital media and in person events business connecting companies and investors. Through its flagship MarketOpen.com.au and social media, MarketOpen cover breaking news on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange (ASX).

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Holly Walters
Accounts and Events Manager
holly@marketopen.com.au
+61 409 281 580

Subscribe

* indicates required