Everest Metals Corporation Ltd’s Revere Gold Project: Aircore Drilling Uncovers Continuous Regional Gold Trend, High-Grade Intercepts & Maiden JORC Resource Estimate Insights

Thursday, June 26, 2025
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8:19 am
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Everest Metals Corporation Ltd reported encouraging drilling results at its Revere Gold Project, confirming a continuous gold trend with high-grade zones. The aircore program also uncovered a new 1.1 km gold anomaly, setting the stage for its maiden Mineral Resource Estimate and further exploration opportunities.

Everest Metals Corporation Ltd’s recent drilling program at its Revere Gold Project in Western Australia has delivered promising results. The company completed 348 aircore drill holes over nearly 7,000 meters along a 7‑kilometre strike, confirming a continuous near-surface gold trend that extends across a vast region. The project, strategically located northeast of Meekatharra and in proximity to several established mines, is showing clear evidence of both broad low-grade anomalies and discrete high-grade gold zones. Notable intercepts include 11.3 g/t Au over one meter and 13.8 g/t Au over one meter in separate holes, with additional promising results recorded from multiple targets. The aircore drilling not only delineated key mineralised zones but also identified a new 1.1‑kilometre gold anomaly that hints at an even larger system. Detailed mapping of mineralised host lithologies and hydrothermal alteration zones paves the way for targeted future exploration. The strategy employed—using continuous one‑meter downhole sampling and the PhotonAssay method at ALS Laboratory—has provided robust data that will inform the forthcoming maiden JORC Mineral Resource Estimate expected later this month. The technical data presented underlines the scale and complexity of the deposit. The extensive drilling program, with its interval-specific reporting and strategic infill drilling, reinforces the potential for discovering both bulk-tonnage and high-grade vein-style mineralisation. With careful integration of historical drilling and bulk sampling data, the continuity and extent of the mineralised reef system have been further validated, positioning the project as a significant exploration asset. From a market sentiment perspective, the news carries a bullish tone. The combination of consistent high-grade gold intercepts, a well-defined continuous mineralised trend, and the identification of a vast new anomaly zone enhances investor confidence in the project’s potential value. However, there remains a degree of caution as the outcomes of the impending JORC Mineral Resource Estimate and further infill drilling will critically determine the commercial viability of the resource. While enthusiasm is warranted by the technical milestones achieved, investors should note that exploration results carry inherent risks and uncertainties until larger resource estimations and further drilling validate the initial promising data.

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