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.
Story Continues.. after this ad because we need some dollarydoos
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 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.
Promote your business on our growing investor platform: Advertise With Us
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
