Australia-based Everest Metals Corporation (EMC) and its spouse MEGA Resources person officially begun mining operations astatine the Mt Dimer Taipan Gold Project successful Western Australia (WA).
Located 150km north-west of Kalgoorlie, Mt Dimer Taipan has transitioned into the accumulation signifier aft completing tract preparations and deployment of the mining fleet.
The task is backed by a close to excavation statement with MEGA Resources, established successful October 2025.
This statement provides up to A$18.6m ($12.47m) successful non-dilutive capital, allowing Everest Metals to beforehand the task without incurring upfront costs.
Operational currency travel volition screen expenses, and immoderate nett surplus volition beryllium arsenic shared betwixt Everest Metals and MEGA Resources.
The Mt Dimer Taipan task contains an inferred mineral assets of 722,000 tonnes (t) astatine 2.1 grams per tonne (g/t) gold, equating to 48,545oz of gold.
The task besides holds 3.84g/t of silver, totalling 89,011oz of silver.
Everest Metals is readying to commence toll attraction of ore successful March 2026 astatine a Kalgoorlie installation with a capableness of 200,000 tonnes per annum.
In August 2025, Everest Metals announced that archetypal exploration drilling astatine the Mt Dimer task confirmed further golden potential. In the aforesaid month, the institution secured support for its mining connection and excavation closure program for the task from the WA Department of Mines, Petroleum and Exploration (DMPE), paving the mode for the commencement of mining operations.
Everest Metals enforcement president and CEO Mark Caruso said: “In nether 4 months from receiving last approvals we person transitioned from exploration drilling to progressive mining – a wide objection of our team’s execution capableness and the spot of our MEGA partnership. With mining present nether mode and toll-treatment connected the horizon, Mt Dimer is perfectly positioned to present near-term currency travel successful a precise beardown golden market.”
Everest Metals acquired the mining lease for Mt Dimer, which has a past of exploration activities dating backmost to 1992, successful 2020. The task besides includes an exploration tenement adjoining the main lease to the west.
"Everest Metals begins mining operations astatine Mt Dimer project, WA" was primitively created and published by Mining Technology, a GlobalData owned brand.
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