EMC 1.08% 9.4¢ everest metals corporation ltd

Broken Hill Historical Data

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    I thought I would keep myself busy through the weekend of lockdown and do some historical research on some publically available data of our NSW Broken Hill tenure EL8788.

    The first image shows the tenure overlain on the Total Magnetics Image (TMI) and showing the historical drill hole locations in the region.
    The second zoomed-in image (central south of the first image) shows key locations of drill holes (blue highlight) returning decent assay results imo.
    The third image shows the names of the drill holes in focus.

    https://hotcopper.com.au/data/attachments/3328/3328689-bcb47ad0c0c1c7ff1342a6825e0bdea1.jpg

    https://hotcopper.com.au/data/attachments/3328/3328690-ba7263d65b6b22e081955887e8a32e30.jpg
    https://hotcopper.com.au/data/attachments/3328/3328693-c079d2dbcb9698890c9f3bb9a203c01f.jpg
    BHW6-BHW20 are mainly located in the magnetic high points (blue) so IMO this is a huge target area for the company to further investigate and look at all available geophysics, logs, etc to pinpoint the best drill hole locations for any upcoming drill program.

    Below I have attached some very encouraging data from these drill holes. Apologies for the way it's shown in screenshots but it was from the 1980s and the assays are not as well written and set out as they are today in ccvs etc. They returned some very good Zinc and Copper results.


    Below are key Zn values up to 4850ppm in BHW20. Cu and Pb values are also encouraging imo.

    https://hotcopper.com.au/data/attachments/3328/3328695-ce381be6c32e66e66dedec208bbc7a05.jpg

    Below are key Copper values which are consistent in BHW11 to BHW13 up to 1500ppm.
    https://hotcopper.com.au/data/attachments/3328/3328699-627972e5cc51f895b6e4fe36cd6dbec3.jpg
    https://hotcopper.com.au/data/attachments/3328/3328702-cc5d351a55a01f58c20d4c0c616d5a73.jpg


    Below are key Zn values up to 2650ppm. Cu and Pb values are also encouraging imo

    https://hotcopper.com.au/data/attachments/3328/3328697-c49251863b036116c327320e9777a1ea.jpg


    The tenure is huge and still lots of areas within the tenure to investigate. Based on the historical results this looks very promising and imo this will further add value to our company. This will diversify us on top of our WA gold resources and enable us to get to the next level. IMO Zn, Cu and Pb all have very big futures and any encouraging data from our future drilling programs will be well received from the market. Everyone needs to hang tight and think long-term during this current stage in our project timelines.

    I did not have enough time to look at the rest of the tenure in much detail, just the central south area, so there may be even better results out there.
    Also, don't forget these holes were from the 1980's when the demand was not nearly as great as the current day. Therefore anything which may be deemed uneconomic back then definitely wont be at today's prices imo.

    Good luck everyone!








 
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