EMC 5.00% 10.5¢ everest metals corporation ltd

Ann: Increased Grade and Thickness , page-3

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    Drilling highlights include:
    MRM525: 9.70m @ 602ppm eU3O8, including 3.8m @ 1,240ppm eU3O8
    MRM530: 8.53m @ 307ppm eU3O8, including 2.6m @ 571ppm eU3O8
    MRM548: 6.87m @ 466ppm eU3O8
    MRM550: 11.50m @ 401ppm eU3O8
    MRM553: 19.6m @ 364ppm eU3O8
    MRM554: 11.61m @ 346ppm eU3O8, including 4.9m @ 475ppm eU3O8
    MRM556: 21.00m @ 508ppm eU3O8, including 15m @ 588ppm eU3O8

    "Drilling results from the Blackbush Prospect continue to offer strong encouragement for a resource upgrade. Mineralisation is shallow (average depth 50-60m) and is hosted by water saturated high-porosity sands. The mineralisation is potentially amenable to extraction by a low cost (both capital and operating costs) in-situ recovery (ISR) operation."

    "Drilling results from the Blackbush Prospect continue to offer strong encouragement for a resource upgrade. Mineralisation is shallow (average depth 50-60m) and is hosted by water saturated high-porosity sands. The mineralisation is potentially amenable to extraction by a low cost (both capital and operating costs) in-situ recovery (ISR) operation."
 
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