EV1 Price sensitive 15 Jun 2026, 8:20 AM

Maiden Drilling Programme at Chikundo Ready to Commence

Evolution Energy Minerals Ltd

Evolution Energy Minerals Begins Chikundo Drilling Program

Key points

  • 17-hole RC drilling program designed and ready to commence
  • Nine priority holes focus on the strongest copper results
  • Optional holes extend coverage to additional targets
  • Drilling expected to start in June 2026
  • Results to be reported as they are received and validated

Full summary

Evolution Energy Minerals Limited (ASX:EV1) is pleased to announce that its maiden drilling program at the Chikundo Copper Project in Tanzania is designed and ready to commence. The program follows the announcement of soil sampling results that defined four copper targets. The 17-hole reverse circulation (RC) drilling program will test these targets beneath the surface, with nine priority holes focusing on the strongest copper results and eight optional holes extending coverage to additional targets. Drilling is scheduled to begin in June 2026, with laboratory assay results to follow as they are received and validated.

Outlook

The company expects to begin generating drill data in late June 2026, which will define the next phase of value at Chikundo.

Summary generated by a large language model. Please interpret with care.

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