Everest Metals Corporation (ASX: EMC) reports that processing of gold-mineralised material is now underway at our Revere Gold Project in Western Australia.
This follows the recent mobilisation of the 10TPH Gekko Gravity Gold Processing Plant to site.
This achievement marks a key milestone for the 36,000-tonne bulk sampling program focused on a 700m section of the gold-mineralised system, along a potential 7km strike length. Over 8,000 tonnes of material has been stockpiled and is ready for further processing.
“Commencement of processing operations using the Gekko Gravity Gold Processing Plant are now underway, with initial concentrates produced which have been prepared and sent for assaying to allow final plant fine-tuning and ramp up to name plate capacity,” Executive Chairman and CEO, Mark Caruso, said.
“This is another significant step to delivering our maiden JORC Mineral Resource Estimate for Revere. The planned air core drilling early in 2025 will test areas on strike to better understand the full potential of the high-grade mineralisation within the Revere Reef System. These efforts underscore our commitment to leveraging pragmatic systematic exploration to deliver optimised operational and financial outcomes for shareholders.’’
With the completion of Phase 2 drilling and blasting, the programme will continue to delineate the extent of high-grade gold mineralisation contained within the reef structures, providing critical data to evaluate the system's full potential. Bulk sampling and processing activities are projected to be finalised by Q2 2025, marking a significant milestone in the exploration and development of this highly promising and barely touched system.
As part of this programme, mobile jaw and cone crushers were mobilised in August 2024 to initiate the crushing and screening process, which was successfully completed in September 2024. This process resulted in over 8,000 tonnes of material finely crushed to under 5mm, which has now been stockpiled and is ready for processing at the Gekko Gravity Gold Processing Plant.
The team has now commenced processing this gold-mineralised material to produce a gold concentrate.,
The company plans to transition from the bulk sampling programme to an advanced air core drilling campaign. This next phase of exploration will focus on identifying additional JORC-compliant resources, with an emphasis on near-surface gold potential that could further expand the resource base of the Revere Reef system.
