Emmerson Resources drills evidence of copper and gold systems
Assay results confirm both shallow epithermal gold and porphyry-style copper at depth.
Company
ASX:ERM
Emmerson Resources is a Perth-based explorer with an emerging gold royalty business. The company has a large landholding in the rich Tennant Creek Mineral Field (TCMF) in the Northern Territory.
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Assay results confirm both shallow epithermal gold and porphyry-style copper at depth.
Emmerson’s first mine opening at Edna Beryl is scheduled for 13 July 2017.
This is the first new mine in the Northern Territory in over 10 years.
A 6,700-metre drill program will target the Edna Beryl project area.
Assays are expected within three weeks and further drilling is being planned.
Tennant Creek exploration is fully funded by partner Evolution Mining.
We are joined by Rob Bills, managing director, in Proactive Q&A Sessions™.
The company's flagship project is its Tennant Creek Mineral Field joint venture.
Emmerson’s flagship project is its TCMF joint venture in the Northern Territory.
Assays have confirmed gold extensions to Edna Beryl at depth.
Emmerson Resources (ASX:ERM) has a long time substantial shareholder in the Sydney based high net worth fund Noontide Investments.
Further assays from Edna Beryl are expected in mid-December.
Emmerson Resources Ltd (ASX:ERM) has been granted a trading halt by the ASX, pending exploration results.
Emmerson Resources Ltd recently outlined the best drill result in the history of the company’s drilling at Tennant Creek.
Emmerson shares are expected to trade significantly higher at the open.
In September the company commenced its third drill campaign.
A new 12 month farm-in option and the strategic alliance with Kenex has created five new projects in New South Wales being Fifield, Parks, Wellington, Temora and the Kadungle joint venture.The alliance with Kenex demonstrates an innovative
The commencement of Emmerson’s third drill program for 2016 ensures exploration news flow will continue from the Edna Beryl gold project which has produced significant high grade gold results to date.
These new results at Edna Beryl confirm the high grade nature of the mineralisation and the potential for expansion beyond the sparse, existing drilling. More assays are pending.