EMC 2.02% 9.7¢ everest metals corporation ltd

Game changing geophysicist report identifies more than 20...

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    Game changing geophysicist report identifies more than 20 high-priority gold, volcanic massive sulphide (VMS) and nickel targets at the Rover Project after analysing detailed aeromagnetics dataThe study identified seven gold / nine VMS targets, extending the 12km prospective gold strike (part of the Maynard Hills greenstone belt) covering the Creasy 1,2 & 3, with four gold & two nickel targets along Cook Well greenstone beltEncouragingly, the aeromagnetics data highlighted several new priority targets under shallow cover that are untested by earlier explorers, which delivers incremental exploration upside and extends the 12km prospective gold strike to ~20kmAs TSC is now fully funded, preparations to RC drill test priority targets at Creasy 1 & 2 before year-end are underway, with regulatory approval pending and drilling contractor tender evaluation in progress+++CEO Ian Warland commented:“The geophysicist’s study, which incorporates recently purchased detailed aeromagnetic data and exploration results to date, has generated an extensive pipeline of strong gold, VMS and nickel targets across the Rover Project. Drill testing at Creasy 1 gold and Creasy 2 VMS will be the first of many targets to be tested at the Rover Project in what is shaping up to be a highly prospective and significantly underexplored part of the WA goldfields.”+++
 
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