Everest Metals Advances Gold Production and Critical Minerals Portfolio in WA

Everest Metals Corporation Limited ( (AU:EMC) ) has provided an update.

Everest Metals Corporation reported strong progress for the December 2025 quarter, highlighted by securing a fully funded mining arrangement for the Mt Dimer Taipan Gold Project and commencing mining in January 2026, transitioning the asset from exploration to gold production. High-grade drilling results at Mt Dimer, encouraging heap leach pad grades, and a government co-funded exploration grant support the project’s growth outlook, while resource-upgrade drilling at the Mt Edon Critical Minerals Project delivered thick, high-grade rubidium intercepts and a new U.S.-focused MOU aimed at potential non-dilutive funding and offtake partnerships. At the Revere project, tenement expansion and more than 6,000m of aircore drilling advanced work towards a maiden resource and 2026 mining proposal, and on the corporate front the company strengthened its financial position with an R&D tax refund, the allocation of exploration tax credits to shareholders, and a cash balance of A$3.79 million at quarter end.

The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.

More about Everest Metals Corporation Limited

Everest Metals Corporation Ltd is an Australian resources company focused on exploring and developing gold and critical minerals projects in Western Australia. Its portfolio includes the Mt Dimer Taipan Gold Project, the Mt Edon Critical Minerals Project targeting rubidium, and the Revere Gold & Base Metals Project, positioning the company in both precious and strategic minerals markets.

Average Trading Volume: 418,525

Technical Sentiment Signal: Buy

Current Market Cap: A$43.15M

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