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Junior development roundup: Evrim Resources, Neo Lithium, Precipitate Gold

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Junior development roundup: Evrim Resources, Neo Lithium, Precipitate Gold

Evrim Resources published drill results from the Cerro Cascarón gold and silver project in Mexico.

Evrim and exploration partner, Harvest Gold have completed nine diamond drill holes to date at Serpiente Dorada, San Pedro and Cascarita for a total of 1,885m, with assay results received for seven drill holes, the company stated.

Results at Serpiente Dorada include 1.0m grading 20.1g/t gold and 22.5g/t silver from 225.5m downhole within 6.5m grading 3.29g/t gold and 6.3g/t silver from 224.5m.

Meanwhile, results at San Pedro include 4.8m grading 1.02g/t gold and 13.0g/t silver from 141m downhole and 0.35m grading 5.39g/t gold and 23.7g/t silver from 154.45m downhole.

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Neo Lithium announced that the lithium carbonate pilot plant built by the Instituto de Investigaciones Tecnologicas (IIT) of Universidad de Concepción, Chile, has successfully arrived in Fiambala, Catamarca province, Argentina.

The company's engineers have started reassembling the plant and expect to have it fully operational by late February for its Tres Quebradas lithium brine project (pictured) in Argentina, the firm said in a statement.

The company also said that it has received approval and renewal from the environmental authorities of the province for the exploration and development program for the 3Q project.

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Precipitate Gold said it has started exploration in the Lithocap zone within the company's Pueblo Grande project at the Pueblo Viejo mining camp in the Dominican Republic.

Near term work to be completed by the company's field crews will include the collection of over 1,100 individual soil samples from within the Lithocap zone to facilitate greater surface sample density and a more comprehensive geochemical database from within the priority target area.

In addition, crews will begin preparation for a ground magnetic geophysical survey expected to focus primarily within the Lithocap zone, the company announced.

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