Drilling Commences at Mt Dimer Exploration Tenement, WA
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| Stock | Everest Metals Corporation Ltd (EMC.ASX) |
|---|---|
| Release Time | 23 Jul 2026, 8:21 a.m. |
| Price Sensitive | Yes |
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Everest Metals Commences Drilling at Mt Dimer, WA
Key Points
- 2,000m RC drilling program at Mt Dimer Exploration Project
- Co-funded by WA Government's EIS up to $145,000
- Targeting high-priority anomalies with gold mineralisation potential
Full Summary
Everest Metals Corporation Ltd (ASX: EMC) has started a 2,000m reverse circulation (RC) drilling program at the Mt Dimer Exploration Project (E77/2383) in Western Australia. The program is co-funded up to $145,000 by the Western Australian Government's Exploration Incentive Scheme (EIS). The drilling targets three high-priority anomalies with potential gold mineralisation. The project is strategically located between Everest Metals' and Beacon Minerals' gold mining operations, which host the same geological structure. The company aims to extend the known mineralised gold system into the Mt Dimer Exploration Project area.
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