Everest confirms development plans at Mt Dimer gold mine

Everest Metals Corporation (EMC) has announced plans to develop the 48,545 ounces of gold and 89,011 ounces of silver at its 100 per cent-owned Mt Dimer Taipan gold and silver project in WA’s goldfields as the gold price continues to trade near record highs above $3000 per ounce. The price of the precious metal has held ground above $3000 an ounce since late last year, causing the company to redouble its development efforts at Mt Dimar which contains a historic open pit gold mine. Encouragingly, the project boasts a number of first-rate drill intercepts going as high as 8m at 13.55 grams per tonne (g/t) gold from 80m – including a…