MT Edon's Drilling Results Reveal High-Grade Rubidium in LCT Pegmatite Field
Everest Metals Corporation Ltd
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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.

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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.

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