EV Resources Receives AU$600,000 from Khartoum Project Sale to Fund Antimony Exploration

EV Resources Limited (ASX: EVR) has confirmed receipt of AU$ 600,000 in cash from Koba Resources Ltd (ASX: KOB) following the completion of the Khartoum Project sale. The funds bolster EVR’s balance sheet and will be used primarily to support the maiden drill program at the Los Lirios Antimony Project in Mexico. Drilling will start by the January 2026’s end, representing a key milestone in EVR’s exploration plans.. The sale is aligned with EVR’s broader approach to monetise non-core assets and reallocate capital towards high-priority antimony exploration. The company aims to define a maiden JORC resource at Los Lirios by Q3 CY2026, capitalising on the growing demand for antimony in energy storage, battery technology, and defence applications. The funds will also be allocated towards covering general and administrative costs.

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