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The latest announcement is out from Everest Metals Corporation Limited ( (AU:EMC) ).
Everest Metals Corporation Ltd has announced positive results from its recent RC drilling program at the Mt Dimer Taipan Gold Project. The drilling confirmed high-grade gold mineralisation extending north and south of the Taipan pit, with the resource still open at strike and depth. Sampling from historical heap leach pads further revealed recoverable gold grades, enhancing the project’s potential to generate significant early cash flow. These developments, coupled with the imminent commencement of fully permitted mining operations, de-risk and strengthen EMC’s pathway to production, with implications for resource expansion and operational growth.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.12 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 (ASX: EMC) operates in the mining and exploration industry, focusing on gold and silver projects in Western Australia. Their primary activities include resource exploration, development, and mining operations with a market focus on gold and silver assets.
Average Trading Volume: 338,701
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$33.71M
For an in-depth examination of EMC stock, go to TipRanks’ Overview page.