Everest Metals advances Mt Dimer gold project toward production in Western Australia

Everest Metals Corporation (ASX: EMC) is moving its Mt Dimer Taipan gold project in Western Australia toward first ore production. More than 130,000 tonnes of run‑of‑mine material have been stockpiled on a pad near the mine, while grade‑control drilling continues to improve resource estimates and support a possible Phase 2 pit. Under a 200,000‑tonne toll‑treatment agreement with MEGA Resources, the ore will be processed at Medallion Metals’ Cosmic Boy facility, with processing slated to begin in late September 2026. CEO Mark Caruso said the Right‑to‑Mine agreement with MEGA has accelerated development and positions the company for near‑term positive cash flow, subject to gold prices. The project lies about 150 km northwest of Kalgoorlie in the Eastern Goldfields region.