Acquisition of the Los Lirios Antimony Mine (EVR: 70%), Mexico• EVR Secures agreement to acquire 70% of the past producing Los Lirios Antimony Mine (“Los Lirios”) in Oaxaca State, Mexico
.• Four licences cover 1,652 hectares and include 4 historic open pit and several underground workings. • Past production focused on grades sufficient for sale as Direct Shipping Ore (DSO). • Two grab samples within an open pit on Los Lirios 3 have returned antimony assaysof 62% Sb and 62.99% Sb respectively. • Recent small scale mining at the Los Lirios 3 pit has prepared stockpiled material for sale as DSO. • EVR has taken a number of samples as part of its due diligence.• Antimony Ingot prices for 99.65% Sb in warehouse Baltimore have risen aboveUS$40,000/metric tonne (Source: Bloomberg)
EVR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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