Everest Metals Corporation Limited · ASX:EMC
Everest Metals — Investor Presentation (March 2025)
27 slides from Everest Metals's investor presentation, Mar 18, 2025
Slide 1: Western Australian World-Class Assets
For personal use only WESTERN AUSTRALIAN WORLD-CLASS ASSETS Exploring for the true value & size of Revere in the Murchison Gold Field Breakthrough rubidium extraction at Mt Edon Fast-tracking the Mt Dimer gold project to production ASX: EMC INVESTOR WEBINAR PRESENTATION | March 2025 EVERESTMETALS.AU
Slide 2: Corporate Disclaimer
Corporate Disclaimer This presentation has been prepared by Everest Metals Corporation Limited (Everest Metals Corporation). This document contains background information about Everest Metals Corporation’s current situation at the date of this presentation. The presentation is in summary form and do
Slide 3: Western Australian Projects Overview
WESTERN AUSTRALIAN PROJECTS OVERVIEW REVERE GOLD PROJECT MT DIMER TAIPAN GOLD & SILVER PROJECT For personal use only » Strategic location along the gold-rich Andy Well Greenstone Shear » Inferred JORC Compliant Resource of: System, near the DeGrussa and Monty Copper-Gold mines. 722kt @ 2.1g/t for 48
Slide 4: Revere Gold Project
For personal use only REVERE GOLD PROJECT PROLIFIC GOLD MINERALISATION FROM SURFACE MARCH 2025 I 4
Slide 5: Revere Gold Project: Current Exploration Target
REVERE GOLD PROJECT Current Exploration Target* 2.5–4.1Mt at 1–2.5g/t Au (up to ~334,000oz)3 For personal use only * CAUTIONARY STATEMENT The potential quantity and grade of the Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and it
Slide 6: Revere – Prolific Gold Mineralisation
Revere – PROLIFIC GOLD MINERALISATION Reconciled grade of quartz lodes by historical processing reported up to For personal use only 325g/t Au(5) The saddle reefs or fault reefs are at least 20-90m wide and found to repeat at least 7 times from surface to a currently defined depth of 130m Bulk sampl
Slide 7: Revere – Bulk Sampling Program
Revere – BULK SAMPLING PROGRAM For personal use only Bulk sampling program 36,000t commenced in Q2 2024 in proven high- grade zones (3) The program is designed to convert historical high-grade mineralisation into inferred JORC resource Metallurgical test works completed, confirming excellent recover
Slide 8: Revere – Resource Development
Revere – RESOURCE DEVELOPMENT Gold processing ongoing For personal use only Bulk sampling / exploration to generate JORC resource and income Two phases of drill & blast completed with top 1m results of : (7&15) o H12-8 – 97.0 g/t Au from 8m o P2-2 – 85.1 g/t Au from 9m o H13-9 – 46.8 g/t Au from 2m
Slide 9: Revere – Resource Development
Revere – RESOURCE DEVELOPMENT The Revere reef system proved by For personal use only connecting two drill and blast areas (Pit 1 and Pit 2) These areas are within the exploration target area with previously identified gold mineralisation of at least 700m along strike High-grade gold close to surface
Slide 10: Revere – Resource Development: Exploration Drill Program
Revere – RESOURCE DEVELOPMENT For personal use only Expensive exploration drill program 6000m drill program planned for late Q1 2025 to systematically drill and sample entire 7km strike target area Fenceline drill pattern 400m to 800m apart with 10m collar spacing Objective to identify true size of
Slide 11: Mt Dimer Taipan Gold & Silver Project
For personal use only MT DIMER TAIPAN GOLD & SILVER PROJECT JORC RESOURCE READY TO MINE MARCH 2025 I 11
Slide 12: Mt Dimer Taipan – Mineable Resource
Mt Dimer Taipan – MINEABLE RESOURCE Comprises a mining & exploration lease located approximately 125km NE of Southern Cross For personal use only Current JORC Compliant Resource(1) : 722kt @ 2.10 g/t Au for 48,545oz of gold 3.84 g/t Ag for 89,011oz of silver No gold produced since 1996, and signific
Slide 13: Mt Dimer Taipan – Mineable Resource
Mt Dimer Taipan – MINEABLE RESOURCE Project re-rated favourable gold price For personal use only rerates Previously drilled high grade gold/silver systems include intersections of: (8) o 21MDRC017 – 8m @ 13.55 g/t Au from 80m incl. 4m @ 23 g/t Au from 80m o 21MDRC025 – 6m @ 7.07 g/t Au & 6.93 g/t Ag
Slide 14: Mt Dimer Taipan – Exploration Upside
Mt Dimer Taipan – EXPLORATION UPSIDE EXPLORATION UPSIDE WITH Q2 DRILLING PROGRAM For personal use only Mt Dimer drilling in Q2 2025, to expand resource and test exploration target Resource is open to the south along strike and down dip Infill resource drilling planned for Q2 2025 Follow up RC drilli
Slide 15: Mt Edon Critical Mineral Project
For personal use only MT EDON CRITICAL MINERAL PROJECT WORLD-CLASS RUBIDIUM RESOURCE MARCH 2025 I 15
Slide 16: Mt Edon – High Tech Critical Mineral Project
Mt Edon – HIGH TECH CRITICAL MINERAL PROJECT WORLD CLASS CRITICAL MINERAL GRADES AND RESOURCE For personal use only Targeted drilling programs delivered high-grade rubidium- lithium results up to 0.54% Rb2O and 1% Li2O (9) Mt Edon Pegmatite Field located on the Granted Mining Lease (M59/714) in the
Slide 17: Mt Edon – World Class Maiden Rubidium Resource
Mt Edon – WORLD CLASS MAIDEN RUBIDIUM RESOURCE Globally recognised as Critical Mineral in US and Japan – Current uses include: High Growth Technology Market For personal use only Defence & Military Aerospace Rubidium is an alkali metal that is highly reactive and is Night vision imaging, special Ion
Slide 18: Mt Edon – World Class Maiden Rubidium Resource
Mt Edon – WORLD CLASS MAIDEN RUBIDIUM RESOURCE Mt Edon’s initial MRE is based on drilling along a ~400m strike within a 1.2km-long pegmatite corridor on a granted mining lease For personal use only The MRE contains more than 7,900 tonnes of Rb2O Mineralisation remains open along strike and at depth,
Slide 19: Mt Edon – Highest Grade Rubidium Mineralisation
Mt Edon – HIGHEST GRADE RUBIDIUM MINRALISATION • Mt Edon, WA, 3.6Mt @ 0.22% Rb2O (Inferred For personal use only Resource), include a high-grade zone of 1.3Mt @ 0.33% Rb2O Niobe, WA; 4.6Mt @ 0.17% Rb2O (Inferred Resource), Aldoro Resources (ASX: ARN) • Karibib, Namibia; 8.9Mt @ 0.22% Rb2O (Inferred
Slide 20: Mt Edon – Rubidium Processing Extraction Strategies
Mt Edon – RUBIDIUM PROCESSING EXTRACTION STRATEGIES Research Agreement Executed – EMC signed Agreement with ECU to collaborate on Direct Rubidium extraction from For personal use only the Mt Edon Critical Mineral Project (13) Direct Rubidium Process Extraction Development encompassing purification,
Slide 21: Mt Edon – Successful Recoveries of Rubidium
Mt Edon – SUCCESSFUL RECOVERIES OF RUBIDIUM Exceptional Process Control and Efficiency For personal use only Up to 91% Rubidium recovery achieved during Phase 2 ECU Mineral Recovery Research Centre (MRRC) processing program (6) Rubidium chloride product successfully produced via direct rubidium extr
Slide 22: Near-Term Catalysts
Near-Term Catalysts For personal use only REVERE – Bulk sampling ongoing, gold ore processing Q1/Q2 - 2025 REVERE – 6,000 regional air core drilling resource development Q1/Q2 - 2025 REVERE – Maiden JORC Mineral Resource establishment Q2 - 2025 MT EDON – Scoping study & pilot plant planning Q2 - 202
Slide 23: Corporate Profile
Corporate Profile EMC $0.15 223m $33m $4.2M $0 $29M For personal use only ASX CODE SHARE PRICE SHARES ON ISSUE MARKET CAP CASH DEBT EV (undiluted) SHARES ON ISSUE Top 20 Shareholders (39.1%) Remaining Shareholders (60.9%) Mark Caruso Simon Phillips Executive Chair & CEO Chief Operating Officer 37.3%
Slide 24: Contact Us
ASX: EMC For personal use only Contact Us SIMON PHILLIPS EVEREST METALS CORPORATION LTD Chief Operating Officer Suite 4.02, 256 Adelaide Terrace +61 411 88 3450 Perth WA 6000 Australia sphillips@everestmetals.au Phone: (+61 8) 9468 9855 everestmetalscorporation everest_metals_ EVERESTMETALS.AU
Slide 25: Corporate Disclaimer: Competent Person Statement
Corporate Disclaimer Competent Person Statement The information in this report related to exploration results of Mt Edon and Revere projects and Mineral Resource of Mt Edon is based on information compiled and approved for release by Mr Bahman Rashidi, who is a member of the Australasian Institute o
Slide 26: Reference
Reference 1) TSC ASX Release – 31 May 2021, Maiden JORC Resource Defined at Mt Dimer Gold and Silver Project in WA For personal use only 2) EMC ASX Release – 21 August 2024, EMC Delivers World-Class Rubidium Resource at Mt Edon Project, WA 3) EMC ASX Release – 9 April 2024, EMC Commences Bulk Sampli
Slide 27: Appendix: Mineral Resource – Mt Edon and Mt Dimer
Appendix Mineral Resource- Mt Edon For personal use only Table 1: Mt Edon Maiden Mineral Resource Estimate, using a 0.1% Rb2O cut-off grade Tonnes Contained Contained Category Rb2O (%) Li2O (%) (Mt) Rb2O (t) Li2O (t) Inferred 3.6 0.22 7,900 0.07 2,500 Total 3.6 0.22 7,900 0.07 2,500 Mineral Resource