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Everest Metals Corporation Limited ( (AU:EMC) ) has provided an update.
Everest Metals Corporation Ltd has made significant progress across its key projects in the quarter ending June 2025. At the Revere Gold Project, a substantial aircore drilling program has identified a promising gold anomaly zone, setting the stage for a maiden JORC Mineral Resource Estimate. The Mt Edon Project has completed an engineering scoping study for rubidium extraction, with plans for pilot plant construction underway, supported by international collaborations and funding efforts. Meanwhile, the Mt Dimer Project is awaiting regulatory approvals to commence mining operations by the end of 2025, with existing mineral resource estimates indicating substantial gold and silver reserves.
More about Everest Metals Corporation Limited
Everest Metals Corporation Ltd (ASX: EMC) operates in the mining industry, focusing on gold, base metals, and critical minerals. The company is engaged in exploration and development projects, including the Revere Gold & Base Metal Project, Mt Edon Critical Mineral Project, and Mt Dimer Taipan Gold & Silver Project, with a market focus on advancing mineral resource estimates and production capabilities.
Average Trading Volume: 153,012
Technical Sentiment Signal: Sell
Current Market Cap: A$31.38M
For an in-depth examination of EMC stock, go to TipRanks’ Overview page.