High-Grade Drilling Results at Mt Dimer Taipan Gold Project

• 3,078m grade control RC drilling completed at Mt Dimer Taipan Gold Project
• Multiple high-grade gold intersections identified, including 7m @ 16.1 g/t Au
• Over 90,000 tonnes of mineralised material delivered to ROM pad
• Updated Mineral Resource Estimate targeted for Q3 2026
• Mineralisation remains open to the north and south

Everest Metals Corporation Ltd (ASX: EMC) announced further high-grade gold results from a recently completed grade control, reverse circulation (RC) drilling program at its Mt Dimer Taipan Gold Project in Western Australia. The drilling program, consisting of 85 close spaced RC holes for a total of 3,078 meters, aimed to infill the existing drill pattern at the base of the Mt Dimer pit within the current pit design. The program returned multiple high-grade gold intersections, confirming the continuity of mineralisation and providing additional confidence for mine planning and ore scheduling activities. Significant intersections included 7m @ 16.1 g/t Au and 2m @ 43.6 g/t Au. Mining activities have progressed with more than 90,000 tonnes of mineralised material delivered to the ROM pad. An updated Mineral Resource Estimate is targeted for Q3 2026. The mineralisation remains open to the north and south, highlighting potential for future resource growth.