Emmerson Resources (ASX:ERM) continues to receive strong support from substantial shareholder Noontide Investments Ltd, which has increased its stake to 10.4% from 9.4%.
The change was from on-market buying.
Emmerson is set to increase news flow in coming months, as it has commenced copper-gold exploration over four of its projects located in New South Wales.
The company's flagship project is its Tennant Creek Mineral Field joint venture where all exploration is fully-funded by the farm-in and joint venture with Evolution Mining (ASX:EVN).