EMC Price sensitive 12 Oct 2026, 8:20 AM

Drilling Completed to Advance Revere Gold Resource

Everest Metals Corporation Ltd

Everest Metals Completes Drilling to Advance Revere Gold Resource

Key points

  • 7,877m aircore drilling program completed at Revere Gold Project
  • Focus on extending known mineralisation and improving geological confidence
  • Assay results expected in early December 2026
  • Revere hosts a maiden Mineral Resource of 15.0 Mt at 0.54 g/t Au
  • Over 60% of the Revere Reef system remains untested

Full summary

Everest Metals Corporation Ltd (ASX: EMC) has completed a 7,877m aircore drilling program at its Revere Gold Project in Western Australia's Murchison Region. The program, consisting of 125 holes across the Armstrong and Big John deposits and the Tree Reef prospect, aims to extend known mineralisation and improve geological confidence to support future Mineral Resource assessments. Revere currently hosts a maiden Mineral Resource Estimate of 15.0Mt at 0.54 g/t Au for 260,780oz of contained gold, with mineralisation remaining open along strike and at depth. Assay results from the completed drilling program are expected in early December 2026.

Outlook

The upcoming assay results will be important in determining where Everest Metals focuses its next phase of exploration and how it progresses opportunities for Resource growth and near-term mine development.

Summary generated by a large language model. Please interpret with care.

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