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Mount Everest Gold expects Lhoka, Shigatse exploration to stay on prior capex and timetable guidance

PUBT·08/05/2026 11:37:53
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Mount Everest Gold expects Lhoka, Shigatse exploration to stay on prior capex and timetable guidance
  • Mount Everest Gold flagged exploration at Lhoka and Shigatse as tracking previously disclosed estimated capital needs and development timetables.
  • Lhoka Gudui work outlined a mineralised zone about 1,000 m along strike, about 500 m down-dip; 24 rigs deployed.
  • Shigatse Xiaqiu drilling, trenching, aeromagnetics point to a possible porphyry-skarn system; 6 rigs deployed; molybdenum outcrop traced about 1 km.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mount Everest Gold Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260805-12273938), on August 05, 2026, and is solely responsible for the information contained therein.