The Mt Dimer Taipan Gold & Silver Project is located within the highly prospective Southern Cross Greenstone Belt of Western Australia and hosts a JORC Mineral Resource of 722kt @ 2.1g/t Au and 3.84g/t Ag for 48,545oz of gold and 89,011oz of silver.
Mining activities commenced in early 2026 under a Right to Mine Agreement with MEGA Resources, providing access to up to A$18.6 million in non-dilutive project funding and supporting development without upfront capital expenditure by Everest Metals. Ore processing commenced in April 2026 under a toll treatment arrangement at a nearby Kalgoorlie processing facility.
An infill RC drilling program completed in early 2026 confirmed the high-grade nature of the deposit, returning standout results including 1m @ 127g/t Au and 8m @ 10.1g/t Au. Mineralisation remains open along strike to the north and south, highlighting the potential for further resource growth.
Mt Dimer combines an established Mineral Resource, mining and processing activities underway, and significant exploration upside, positioning the Project as an important component of Everest’s broader gold portfolio.
KEY HIGHLIGHTS
- Established Gold Resource: 722kt @ 2.1g/t Au and 3.84g/t Ag for 48,545oz gold and 89,011oz silver
- Mining Activities Underway: Development progressing under a Right to Mine Agreement with MEGA Resources
- Ore Processing Commenced: Toll treatment processing underway through a nearby Kalgoorlie processing facility
- Non-Dilutive Development Pathway: Access to up to A$18.6 million in project funding through the mining partnership
- High-Grade Growth Potential: Recent drilling confirms strong grade continuity with mineralisation remaining open along strike
