• Fast-tracking gold production at Mt Dimer Taipan project
• Advancing Revere Gold project towards maiden JORC resource
• Pioneering Australia's first rubidium industry at Mt Edon critical minerals project

Everest Metals Corporation (ASX: EMC) has presented its corporate update, highlighting its plans to fast-track gold production at the Mt Dimer Taipan project, advance the Revere Gold project towards a maiden JORC resource, and pioneer Australia's first rubidium industry at the Mt Edon critical minerals project. The Mt Dimer Taipan project has an established JORC-compliant resource of 722kt @ 2.1g/t Au for 48,500oz of gold and 3.84g/t Ag for 89,000oz of silver, with mining approvals granted and a toll treatment processing agreement in place for Q3 2025. The Revere Gold project, located along the gold-rich Andy Well Greenstone Shear System, has identified high-grade gold up to 85.1g/t Au, with a maiden JORC resource expected in Q3 2025. The Mt Edon critical minerals project has a world-class rubidium resource, with an inferred JORC-compliant resource of 3.6Mt @ 0.22% Rb2O and 0.07% Li2O, and the company is advancing the project through engineering studies, pilot plant development, and resource expansion.

Everest Metals Corporation is targeting first gold production from the Mt Dimer Taipan project in Q4 2025, with a maiden JORC resource for the Revere Gold project expected in Q3 2025. The company is also aiming to complete a scoping study for the Mt Edon critical minerals project in Q1 2026 and commence pilot plant design in Q2 2026.

Everest Metals Corporation is well-positioned to become a near-term gold producer and a pioneer of Australia's first rubidium industry. The company's diversified portfolio of high-quality assets, strong management team, and clear development plans provide a solid foundation for growth and value creation.