Everest Metals (ASX:EMC) has begun processing gold-mineralised material at its Revere Gold Project in Western Australia, after the Gekko Gravity processing plant was delivered to the site in October.
The plant, which is capable of processing 10 tonnes of material an hour, represents a low-cost and versatile solution, Everest says, functioning as a crushing-grinding-primary gravity concentration gold processing system.
The plant is in the final stages of commissioning to nameplate capacity on mineralised stockpiles.
To date, more than 8,000 tonnes of material has been stockpiled and is ready for further processing through the Gekko plant.
Everest Metals, which has a market capitalisation of $24.21 million, says this achievement marks a key milestone for the 36,000-tonne bulk sampling program, which is focused on a 700m section of the gold-mineralised system, along a potential 7km strike length.
Bulk sampling and processing activities are expected to be finalised by Q2 2025.
Once completed, Everest will transition from the bulk sampling program to a 5,500m aircore drilling program.
The program will focus on identifying additional resources with an emphasis on near-surface gold potential that could further expand the resource base of the Revere Reef system.
CEO Mark Caruso says this is another step in delivering the maiden mineral resource estimate for Revere.
“The planned aircore 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,” Caruso says.
The Revere Project lies in the Murchison region of Western Australia and covers 171km2.
Everest Metals is a Western Australian mineral explorer focused on the discoveries of gold, silver, base metals, and critical minerals.
Write to Aaliyah Rogan at Mining.com.au
Images: Everest Metals Corporation
