• Commenced mining at Mt Dimer Taipan Gold Project, with ore toll treatment on track for March 2026
• Completed resource upgrade drilling at Mt Edon Critical Minerals Project, with high-grade rubidium up to 0.79% Rb2O
• Expanded tenement holdings on Revere Gold & Base Metal Project, with over 6,000m aircore drilling to define maiden Mineral Resource

Everest Metals Corporation Ltd (ASX: EMC) made significant progress during the quarter ending 31 December 2025, advancing its portfolio of gold and critical minerals projects in Western Australia. Key achievements included funding for development the Mt Dimer Taipan Gold Project and completion of resource upgrade drilling at the Mt Edon Critical Minerals Project. Mining commenced at Mt Dimer Taipan in early January 2026, marking a major milestone in transitioning the project from Gold exploration to Gold production. The latest RC drilling at Mt Dimer delivered high-grade results confirming that gold mineralisation extends both north and south of the current Taipan pit, with the system remaining open along strike and at depth. At the Mt Edon Critical Mineral Project, the Phase 2 resource upgrade drilling returned high-grade rubidium up to 0.79% Rb2O, with thick intercepts and pegmatites in all holes. EMC also expanded its tenement holdings on the Revere Gold & Base Metal Project, completing over 6,000m aircore drilling to define and support a maiden Mineral Resource Estimate.