Everest Metals Corporation Ltd (ASX:EMC) Confirms Extensive Gold Trend at Revere Project
Drilling Results
Everest Metals Corporation Ltd (ASX:EMC) reported assay results from a completed aircore drilling program at its Revere Gold project in Western Australia. The results confirm a continuous regional gold trend, indicating the large scale of the Revere mineralisation system. Notable intercepts include Hole L3-17: 11.3 g/t Au over 1m and Hole L10-1: 13.8 g/t Au over 1m. The drilling program mapped mineralised host lithologies and alteration zones, paving the way for targeted future exploration.
Future Plans
The company is actively advancing the Revere Gold Project toward its maiden JORC Mineral Resource Estimate. Further aircore drilling will target new gold discoveries along known and potential shear zones at Revere, seeking to unlock additional upside.
Project Overview
The Revere project spans 171 km² in the Murchison Region, strategically positioned near the DeGrussa, Monty Copper-Gold, and Andy Well gold mines. The extensive drilling program, comprising 348 aircore holes totaling 6,982 metres, has effectively delineated areas of interest for future exploration.
Assay and Analysis
A total of 7,070 samples were submitted to ALS Laboratory in Perth, analysed using the PhotonAssay™ method, which effectively detected coarse gold mineralisation.
Executive Comments
CEO Mark Caruso stated, “The extensive drilling program has delivered regionally significant results, confirming continuous gold mineralisation along the Revere strike. The considerable scale of these mineralised zones, combined with the newly discovered high-priority target, sets the stage for further exploration opportunities. Additionally, the valuable geological insights gained from this program are crucial for delivering our maiden JORC Mineral Resource Estimate at Revere.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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