Mining Approval Secured, But Can EMC Deliver on Mt Dimer’s Potential?
Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.
- WA Department of Mines approves mining proposal and closure plan
- Mt Dimer hosts 48,545oz gold and 89,011oz silver inferred resource
- Small-scale open pit mining planned with toll processing agreements underway
- Mining operations expected to start in Q4 2025 and last around eight months
- Exploration continues to target resource expansion along southern strike
Regulatory Milestone Achieved
Everest Metals Corporation (ASX – EMC) has reached a critical juncture in advancing its Mt Dimer Taipan Gold & Silver Project, securing approval from the Western Australian Department of Mines, Petroleum and Exploration to commence mining operations. This regulatory green light enables EMC to move from exploration and planning into active development, with mining scheduled to begin in the fourth quarter of 2025.
Project Scale and Resource Profile
The Mt Dimer Taipan project, located approximately 150 kilometres northwest of Kalgoorlie, hosts an inferred mineral resource estimated at 722,000 tonnes grading 2.10 grams per tonne gold and 3.84 grams per tonne silver. This equates to roughly 48,545 ounces of gold and 89,011 ounces of silver, underpinning the viability of a small-scale open pit operation. EMC plans to extract ore from a cutback of the existing open pit and process it through toll treatment at third-party facilities in the Kalgoorlie region.
Operational Plans and Partnerships
Mining activities will employ a modest fleet including 55-tonne dump trucks and a 60-tonne excavator, operating primarily on day shifts over an estimated eight-month period. EMC is actively negotiating with potential partners for mining services, trucking, and toll processing agreements, which are essential to operational execution. The company anticipates finalising these contracts shortly, a key step toward becoming fully operation-ready.
Exploration and Growth Potential
While the initial mining campaign focuses on the current inferred resource, the Mt Dimer Taipan deposit remains open to the south and at depth, offering promising exploration upside. Recent drilling results have confirmed further gold potential, suggesting that resource expansion could extend the mine life and enhance project economics. EMC plans to continue exploration drilling alongside mining activities to capitalise on this potential.
Strategic Outlook
EMC’s Executive Chairman and CEO Mark Caruso highlighted the significance of this milestone in fast-tracking the project toward profitability in 2026. The company’s approach of leveraging toll processing reduces upfront capital expenditure and operational risk, positioning Mt Dimer as a nimble, scalable operation. However, the success of the project will depend on securing final contracts and managing operational execution efficiently.
Bottom Line?
With mining approval secured, EMC’s next moves on contracts and exploration will shape Mt Dimer’s path to production and profitability.
Questions in the middle?
- Which partners will EMC finalise for mining services and toll processing?
- How quickly can exploration extend the current resource base at Mt Dimer?
- What are the projected production volumes and costs once mining commences?
