EV Resources executes strategic MOU with Wogen, XCLR to fund and advance Los Lirios antimony project

EV Resources executes strategic MOU with Wogen, XCLR to fund and advance Los Lirios antimony project

Isaac McIntyre

The Market Online

EV Resources (ASX:EVR) chairman Shane Menere has joined HotCopper for a Capital Compass interview to talk about the company’s “exciting” tri-party MOU with Wogen Resources and Xcelsior Capital Advisors.

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“[EVR and Wogen] are getting together to develop the projects and work together collaboratively to ultimately get to a position where we’re developing a detailed off-take agreement,” Mr Menere said.

There are plenty of details to “still be established,” but the partnership should flow down to EVR’s flagship Los Lirios project sooner rather than later.

“Having an off-take agreement in the works gives us the confidence and credibility to go into the next step to study what it will cost to get into production – and truly study how much it will cost,” Mr Menere continued.

Watch the full HotCopper Capital Compass interview with EVR’s chairman above.

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Isaac McIntyre

The Market Online

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