EMC 4.17% 12.5¢ everest metals corporation ltd

The intersection of several thick pegmatite bodies, along with...

  1. 1,074 Posts.
    lightbulb Created with Sketch. 186
    The intersection of several thick pegmatite bodies, along with the presence of white mica-rich zones and minor lepidolite, is a great sign . Pegmatites are igneous rocks that are known to often contain valuable minerals and elements, including rare earth elements, lithium, and various gemstones.Pegmatite bodies: The intersection of thick pegmatite bodies suggests a significant volume of pegmatite material in the area. Pegmatites are typically formed through the slow cooling and crystallization of highly differentiated magmas. Their coarse-grained nature allows for the development of large crystals and the potential concentration of valuable minerals.Thickness: The fact that the pegmatite bodies are thick, with a maximum thickness of up to 58 meters, indicates the presence of a substantial mineralized zone. Greater thickness often correlates with a higher likelihood of finding economic mineralization. White mica-rich zones: White mica (muscovite) is a common mineral found in many pegmatites. Its presence suggests that pegmatite contain valuable minerals such as lithium, tantalum, or beryllium. Muscovite is often associated with the greisenization process, which can lead to the formation of economically important tin and tungsten deposits. Lepidolite: Lepidolite is a lithium-rich mica mineral and is sometimes found in pegmatites. Its presence can indicate the potential for economic lithium deposits. Lithium is a crucial element used in various industries, particularly in the production of lithium-ion batteries for electric vehicles and energy storage systems

    pegmatite bodies in most of the drill holes and have identified white mica-rich zones and minor lepidolite.



    Last edited by AlphaAlkaline: 19/06/23
 
watchlist Created with Sketch. Add EMC (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
0.005(4.17%)
Mkt cap ! $20.53M
Open High Low Value Volume
12.0¢ 12.5¢ 12.0¢ $36.62K 298.2K

Buyers (Bids)

No. Vol. Price($)
5 208382 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 28571 1
View Market Depth
Last trade - 14.45pm 20/06/2024 (20 minute delay) ?
EMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.