EVR evaluates project potential

EV Resources (ASX:EVR) has announced a review of its Yanamina Gold-Silver Project in Ancash State, Peru. This review is driven by rising gold and silver prices, interest from potential buyers, and community support. The project is known for its significant bulk mining potential with a Maiden Resource Estimate revealing substantial resources.

Overview of Yanamina project review

EV Resources is assessing the Yanamina Gold-Silver Project due to increased commodity prices and buyer interest. The project, located in Peru's Ancash State, holds significant gold and silver resources, as indicated by a Maiden Resource Estimate. The company's internal review aims for completion by early 2025, potentially guiding future project strategies. Exploration targets suggest further mineralization potential, with existing infrastructure providing good accessibility. EV Resources remains engaged with potential buyers and is committed to updating shareholders on strategic outcomes.

Executive insights on project review

The company plans to continue its internal review alongside discussions with interested parties, with the expectation of concluding this process by the first quarter of 2025.