EMC Acquires Tenement Expanding Revere ahead of Maiden MRE

• Everest Metals acquires Exploration License E51/2088 (Armstrong), expanding Revere Gold Project's exploration potential
• Recent aircore drilling at Armstrong intersected promising gold mineralisation, including 3.53 g/t Au over 1m
• Planning underway for further aircore drilling targeting gold mineralisation along the Revere reef system

Everest Metals Corporation Ltd (ASX: EMC) is pleased to announce the acquisition of Exploration Licence E51/2088 ('Armstrong') at its Revere Gold project ('Revere') in Western Australia. The Revere project is located 90 km northeast of Meekatharra in the Murchison Region, approximately 900 km north of Perth, and lies along strike and in close proximity to the DeGrussa and Monty Copper-Gold mines. This acquisition builds on recent drilling success and positions EMC for further resource delineation in a proven gold-producing region. EMC's recent aircore drilling program in the Armstrong tenement successfully intersected multiple narrow zones of gold mineralisation ranging from low to high grade, including 3.53 g/t Au over 1m. These results confirm a broadly distributed near-surface gold mineralised system within the Armstrong tenement, with localised high-grade zones. A significant new target, Mineralised Zone 2, has been identified approximately 1.3 km southwest of Mineralised Zone 1 within the Armstrong tenement, displaying key geological characteristics indicative of a large-scale mineralised system. The acquisition terms are structured to minimise upfront cash and shares through staged share consideration. EMC is advancing the Revere Gold Project toward its maiden JORC Mineral Resource Estimate and continues to progress the mining lease application with final stages of native title negotiation and flora and fauna studies being undertaken.

EMC is advancing the Revere Gold Project toward its maiden JORC Mineral Resource Estimate and continues to progress the mining lease application with final stages of native title negotiation and flora and fauna studies being undertaken.