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Everest Metals Corporation (ASX:EMC) identifies promising mineralisation under Revere Gold

Everest Metals Corporation (ASX:EMC) has provided the first update from its deep drilling program designed to test the copper and gold potential a the Revere Gold Project in Western Australia.

The company said diamond drilling identified a DeGrussa-style (Sandfire Resources - ASX:SFR) mineralised system under Revere and three holes were completed over a 8.5km target area.

It also said at depth the anomalous high copper, zinc, and arsenic values indicated the potential for the DeGrussa type copper-gold deposit below the zone of complete oxidisation.

"To drill into such a large mineralised system on our first pass drilling is significant and highlights the potential of the target area. We look forward to assays and downhole EM surveys to guide us on further testing the system," said COO Simon Philips. 

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