Highlights

• Strategic Advisory Partnership: U.S.-based advisory firm MineMaker LLC engaged to advance EVR’s North American antimony supply chain strategy.
• Asset Focus: Partnership will focus on accelerating the development of the Company’s assets in Mexico and Nevada to achieve near-term antimony supply objectives.
• U.S. Government Engagement: MineMaker will lead engagement with U.S. federal and state agencies, including the Department of Energy (DOE) and Department of War (DoW) and EXIM (Export-Import Bank of United States).
• Funding Pathways: Will provide expertise on non-dilutive funding opportunities such as the Defense Production Act (DPA) and Inflation Reduction Act (IRA).
• Proven Track Record: MineMaker brings deep experience in critical minerals, including successful advisory roles for projects in Nevada, Utah and Mozambique.

EV Resources Limited (ASX: EVR) (“EVR” or the “Company”) is pleased to announce it has entered into a framework engagement with MineMaker LLC (“MineMaker”), a specialised U.S.-based strategic advisory and marketplace platform for mining projects. This partnership is designed to accelerate EVR’s primary objective of becoming a leading near-term supplier of antimony to the North American market.

EV Resources CEO, Mike Brown, commented: “Our engagement of MineMaker is a decisive step toward establishing EVR as a key player in the North American antimony supply chain. Their team’s deep relationships within the U.S. Government and their technical understanding of the critical minerals landscape will be invaluable as we move our assets in Mexico and Nevada toward production.

We are focused on pursuing non-dilutive funding pathways and permitting timelines that allow us to scale rapidly while protecting shareholder equity. Given the evolving geopolitical landscape and the urgent U.S mandate to secure domestic supply, this is an ideal window to formalise our engagement with agencies such as the DOE and DoW to de-risk our permitting and development timelines.”

Antimony is recognised as a critical mineral for national defence, energy storage and high-technology applications. With significant supply chain vulnerabilities currently facing North American consumers, EVR is well positioned to provide a secure, domestic, and near-term solution.

MineMaker will provide a comprehensive suite of services to align EVR’s assets with U.S. defence and supply chain security objectives. This includes identifying and securing non-dilutive funding through U.S. government programs intended to onshore critical mineral supply chains. This includes loans, co-investment opportunities, tax incentives, and procurement mechanisms, as well as securing appropriate assistance for permitting at Federal and State level for the Company’s Nevada assets.

Based in New York, MineMaker is led by Peter Finan, a dual-qualified lawyer with over 20 years of experience advising on mining frameworks and landmark transactions. The team also includes former senior counsel from the U.S. Department of Energy and the Development Finance Corporation (DFC), providing EVR with unparalleled insight into government interface and energy finance. Through their broad network they will facilitate preliminary discussions with relevant US federal and state authorities, including the DOE, DoW, and other key agencies.

MineMaker has a proven history of success in the critical minerals sector, including:

• MEGA Tungsten Project (Nevada): Partnering to secure U.S. government support and alignment with national policy priorities.
• Coyote Canyon Antimony Project (Utah): Advising on U.S. critical minerals alignment and strategic development.

– ENDS –

For further information, please contact:
Mike Brown
Managing Director & CEO
Tel: +61 466 856 061
E: [email protected]

This ASX announcement was authorised for release by the Board of EV Resources Limited.

About EV Resources

EV Resources (ASX: EVR) is a critical minerals exploration and development company focused on securing the North American antimony supply chain.

We are rapidly transitioning from a diversified explorer to a near-term producer. Our strategy is centred on antimony, a critical mineral designated by the US, EU, and Australia as essential for energy storage, battery technology, defence, and high-tech applications.

Our asset portfolio is strategically positioned in mining-friendly jurisdictions:

• Los Lirios Antimony Project (Mexico): Our flagship, high-grade project. We are fast-tracking Los Lirios to production, a goal supported by our acquisition of the nearby Tecomatlán Processing Plant, which provides a low-capex path to cash flow.
• US Antimony Projects (Nevada): We hold a 100% interest in the Dollar and Milton Canyon antimony projects, key assets in our strategy to build a secure, domestic critical minerals supply chain for the United States.

Forward Looking Statement

Forward Looking Statements regarding EVR´s plans with respect to its mineral properties and programs are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”, “anticipate(s)”, “potential(s)”and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. There can be no assurance that EVR’s plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that EVR will be able to confirm the presence of additional mineral resources, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of EVR’s mineral properties. The performance of EVR may be influenced by a number of factors which are outside the control of the Company and its Directors, staff, and contractors.

These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the company’s prospects, properties and business strategy. Our audience is cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

Original Article: https://api.investi.com.au/api/announcements/evr/2467e0cc-bb9.pdf