Everest Metals advances gold production and rubidium technology in strong March quarter

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

Everest Metals Corporation reported strong operational progress for the March 2026 quarter, highlighted by ramped-up mining at the Mt Dimer Taipan Gold Project, where more than 45,000 tonnes of mineralised material were delivered and high‑grade infill drilling increased confidence ahead of ore processing planned for Q2 2026. The project is fully funded under a non‑dilutive mining agreement, with an updated mineral resource estimate due in Q2.

At the Mt Edon Critical Mineral Project, the company achieved further high‑grade rubidium drill results, advanced its geometallurgical understanding, lodged an international patent application for its Direct Rubidium Extraction technology, and progressed permitting and resource upgrade work, potentially enhancing its position in critical minerals. At the Revere Gold Project, extensive aircore drilling confirmed multiple high‑grade, shear‑hosted gold zones along a largely underexplored reef system, with a maiden mineral resource estimate targeted for Q2 2026, while the group ended the quarter with A$2.586 million in cash.

More about Everest Metals Corporation Limited

Everest Metals Corporation Ltd is an Australian exploration and development company focused on gold and critical minerals projects. Its key assets include the Mt Dimer Taipan Gold Project, the Mt Edon Critical Mineral Project targeting rubidium, and the Revere Gold Project, positioning the company in both precious metals and emerging technology metals markets.

Average Trading Volume: 564,062

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$32.36M

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