EMC.ASX: High-Grade Drilling Results at Mt Dimer Taipan Gold Project

High-Grade Drilling Results at Mt Dimer Taipan Gold Project

Stock	Everest Metals Corporation Ltd (EMC.ASX)
Release Time	24 Jun 2026, 8:21 a.m.
Price Sensitive	Yes

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Everest Metals Announces High-Grade Gold Results at Mt Dimer

Key Points

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

Full Summary

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.