Everest spins drill bit in search for gold northeast of Southern Cross

Everest Metals has commenced drilling at its Mt Dimer Taipan project, located 150 kilometers northwest of Kalgoorlie, to explore for gold and silver. The reverse circulation program will assess four high-priority targets identified through satellite imagery and geochemical anomalies, aiming to expand the existing mineral resource of 722,000 tonnes at 2.1 g/t gold. The company has submitted a mining proposal and groundwater license application, anticipating approval to begin mining activities, leveraging favorable gold prices and toll-treatment agreements with nearby mills.

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