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Everest Metals Corporation Ltd (ASX:EMC)

ALERT: Price-sensitive ASX Announcement for EMC
Current share price for EMC : $0.110 -0.02 (-15.38%)+
Announcement
Release
23 Jul 2026 8:21AM
Price at Release
$0.130
Full Release
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Summary
Everest Metals Corporation Ltd (EMC) has commenced a 2,000-meter reverse circulation (RC) drilling program at the Mt Dimer Exploration Project in Western Australia. This project targets three high-priority anomalies with potential for gold mineralisation. The drilling is co-funded up to $145,000 by the Western Australian Government's Exploration Incentive Scheme (EIS) under Round 32. The Mt Dimer project is strategically located near other gold mining operations and aims to explore further mineralisation extensions. The initiative promises to advance exploration as part of EMC's broader efforts to uncover gold, silver, and other critical minerals in Australia.
Key Points
  • 2,000m RC drilling program at Mt Dimer Exploration Project.
  • Co-funded up to $145,000 by WA Government's EIS.
  • Targets three high-priority gold anomalies.
  • Located between Beacon Minerals and EMC mining operations.
  • Aims to explore mineralisation extensions.
  • Drill results anticipated by September 2026.
  • Project contributes to EMC's goals in gold and silver exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.