Emmerson Resources Ltd (ASX:ERM) has commenced a reverse circulation (RC) drill program testing a number of large copp-ergold targets at Whatling Hill Project in New South Wales.
Notably, geochemical sampling of the target produced results of up to 2% copper and 0.25 g/t gold.
Two rigs are drilling with initial results expected in the second quarter of 2019.
READ: Emmerson Resources reveals bonanza gold results from Tennant Creek drilling
Emmerson’s managing director Rob Bills said: “Drilling at Whatling Hill is now underway and will test a variety of geological, geophysical and geochemical targets over the next four to five weeks with first results expected in the second quarter of 2019.
“The recent induced polarisation (IP) geophysical survey at Whatling Hill has successfully provided an insight into the subsurface geology and alteration to assist with targeting for this program.
“Importantly the IP augments the elevated copper, gold and molybdenum soil geochemistry suggesting possible “leakage” of metals into the subsurface above or lateral to porphyry copper-gold mineralisation.
“Our field-based exploration has been complemented by cutting edge science which has included analysis of the alteration where initial findings suggest we are within the geochemical footprint of a porphyry system.
“Moreover, age dating has demonstrated our targets are consistent in age with the mineralised intrusions at the world-class Northparkes and Cadia-Ridgeway copper-gold deposits.
Based on the encouraging early stage results at both Whatling Hill and nearby Kadungle, Emmerson has consolidated its ground position to take account of possible multiple centres of porphyry copper-gold mineralisation occurring within the Macquarie Arc and Lachlan Transverse Zone (Figure 1).
“A discovery across any of our NSW projects would be transformational for Emmerson – particularly given the paucity of new, large scale copper-gold projects and the competition for new resources.”
Last month, Proactive caught up with Rob Bills to discuss some high-grade gold drill results from its more advanced Northern Territory projects.