Everest Metals gains on finding fresh pegmatite targets at W. Australia project

Everest Metals

01/05/2023 05:28

** Shares of Everest Metals Corp  EMC.AX  jump as much as
11.8% to A$0.085, their biggest intra-day gain since April 20
    ** Minerals explorer says it has discovered 133
pegmatite-like anomalies extending more than 50 metres in depth
at its Mount Edon mining lease in Western Australia
    ** Stock hits highest since April 24
    ** Co says its geophysical survey identified several
previously unrecorded LCT pegmatite and quartz-bearing veins
    ** Says resulting data from survey has given co the
"strongest imagery yet" of numerous previously undiscovered
pegmatite structures
    ** EMC down 3.8% YTD as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))