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MT Edon's Drilling Results Reveal High-Grade Rubidium in LCT Pegmatite Field — ASX:EMC| ASX Mining News & Discussion
L
Lykeshares
3y
Official
$EMC
MT Edon's Drilling Results Reveal High-Grade Rubidium in LCT Pegmatite Field
Perth, Western Australia - Everest Metals Corporation Limited (ASX: EMC) has reported significant findings from its stage-1 Reverse Circulation (RC) drilling programme at the Mt Edon LCT Project. The drilling results confirm the presence of high-grade Rubidium in the LCT Pegmatite Field, with multiple LCT pegmatites identified within a 1.2km corridor. The results support the ongoing drilling campaign, set to commence in August 2023, which will concentrate on the lateral extension of high-grade zones and undrilled targets.
The successful stage-1, 440m RC drilling programme, has provided valuable insights into the Mt Edon LCT Project. High-grade Rubidium intersections were observed, with Mount Edon ME 23-07 showing 40m at 0.26% Rb2O from 49m, including 19m at 0.33% Rb2O and 0.1% Li2O from 51m. The assay results also revealed multiple LCT pegmatites up to 111m deep and within the 1.2km corridor, displaying 0.41% Rb2O, 0.33% Li2O, and 555 ppm Cs.
Everest Metals Corporation Limited's Chief
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Operating Officer, Simon Phillips, was pleased with the results. "We are very excited with the assay results from such a small drilling campaign. The hunt for the source of this recently discovered LCT mineralisation continues with the proposed stage-2 drilling campaign set to commence in early August 2023".
Everest Metals Corporation Limited's drilling campaign highlights the potential of the Mt Edon LCT Project. The high-grade Rubidium discovery and multiple LCT pegmatites confirm the presence of significant mineralisation, providing a platform for further exploration. The stage-2 drilling campaign, commencing in August 2023, will aim to uncover more high-grade Rubidium zones and unlock the potential of the Mt Edon LCT Project.
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L
Lykeshares
152d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
152d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
1y
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
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$ASN
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