Mount Everest Gold (HKG:1815) reported progress in exploration activities at its Lhoka and Shigatse mining projects in Tibet, according to a Wednesday Hong Kong bourse filing.
At the Lhoka mine, the company said drilling has preliminarily delineated a mineralized zone extending about 1,000 meters along strike and 500 meters down-dip.
Preliminary assay results identified gold mineralization, with associated antimony and cobalt at certain locations.
At the Shigatse mine, drilling and surface trenching identified preliminary mineralization of copper, molybdenum, lead, zinc, and silver.