• Shares of Australia's Everest Metals Corp rise as much as 4.8% to A$0.11, its highest point since June 18

• The gold-silver developer says it finds further high-grade gold from drilling at its Mt Dimer Taipan Gold Project in Australia

• "The drilling has generated valuable data that will support ongoing mine planning, ore scheduling and the upcoming Mineral Resource update," says executive chairman, CEO of EMC, Mark Caruso

• Despite moves, stock down 12.5%, YTD

(Reporting by Aamir Sheik Khalid in Bengaluru)