HIGH GRADE GOLD ASSAYS AT REVERE PROJECT

Promising drill results highlight potential at Revere Gold & Base Metal Project

Everest Metals Corporation (ASX:EMC) has announced significant high-grade gold assay results from recent drill and blast operations at its Revere Gold & Base Metal Project. The top-grade one-meter assays include:

  • H12-8: 97.0 g/t Au from 8m
  • H13-9: 46.8 g/t Au from 2m
  • H13-9: 81.4 g/t Au from 3m
  • H13-8: 38.7 g/t Au from 2m

These results affirm the presence of near-surface gold mineralisation, supporting the potential for a large-scale orogenic gold system. Heritage Protection Agreements covering the entire Revere project tenements have been completed with Native Title groups, and mining agreements are currently under negotiation. The bulk sampling program is ongoing.

EMC Executive Chairman/CEO Mark Caruso commented:

The 7km long Revere Reef system has delivered prolific gold from surface over many years so it’s pleasing to receive assays consistent with the smaller bulk sampling programs previously completed over the tenure. EMC regards this bulk sampling program as the beginning of what will be a systematic and methodical approach to ultimately unlocking what we believe to be a large orogenic gold system – the Revere Reef system.

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