EMC 0.00% 13.0¢ everest metals corporation ltd

Ann: High-grade shallow gold discovery at Rover Project, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,678 Posts.
    lightbulb Created with Sketch. 2101
    These shallow grade results at Greasy 1 are certainly better than expected ,but for me it has always been the Greasy 2 drilling for VMS style mineralisation that could be a major discovery.
    Early signs are good for Greasy 2 ,so maybe only a few weeks left to get in cheap before the drill results that may show another multi mineral major VMS discovery for the world.
    In my opinion all indications are pointing to a major VMS discovery at Creasy 2 going into Creasy 3 towards the VMS discovery by private company Cobre.
    I have also noticed some similarities to the Sandfire resources Doolgunna VMS discovery in regards to grade and minerals,that discovery made share holders very rich ,with most of the wide mineralisation intersected being at a depth of over 200 meters.
    I do see some indication from these TSC shallow drill results that at depth of 200 meters plus the grade may continue but over wider intercepts ,Greasy 2 and 3 may even be better than the Doolgunna discovery by Sandfire resources ,with a additional shallower wide discovery in the area to go with a discovery at depth.
    The 16.8 g/t Ag discovery along with Au and signs of copper looks almost identical to the Doolgunna VMS discovery.
    Early days ,but it does appear that there is something very special waiting to be discovered at Rover ,in my opinion.
 
watchlist Created with Sketch. Add EMC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.