significance in potassium-argon dating
...minerals by decay of the rare, naturally radioactive isotope potassium-40. The gas slowly leaks into the atmosphere from the rocks in which it is still being formed. The production of argon-40 from potassium-40 decay is utilized as a means of determining Earth’s age (potassium-argon dating).
The radioactive decay scheme involving the breakdown of potassium of mass 40 (40K) to argon gas of mass 40 (40Ar) formed the basis of the first widely used isotopic dating method. Since radiogenic argon-40 was first detected in 1938 by the American geophysicist Lyman T. Aldrich and A.O. Nier, the method has evolved into one of the most versatile and widely employed methods...