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Emmerson Resources intersects high-grade gold at Mauritania greenfields discovery in NT

Emmerson Resources Limited (ASX:ERM) managing director Rob Bills updates Proactive Investors on the explorer's first diamond drill program at its greenfields discovery Mauritania in the Northern Territory. 
The first hole drilled revealed high-grade gold mineralisation, intersecting 15 metres at 45 g/t gold, including 4 metres at 158 g/t gold.
"It's incredibly high-grade - to put listener's on scale, the normal gold grade is between one and two grams," says Bills. 
Bills also explains the royalty-focused business behind Emmerson, which reduces the downside risk to its shareholders.

Quick facts: Emmerson Resources Ltd

Price: 0.098 AUD

Market: ASX
Market Cap: $45.09 m

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Emmerson Resources seals deal with new gold partner at Tennant Creek

Emmerson Resources Limited's (ASX:ERM) Rob Bills speaks to Proactive's Andrew Scott after entering a strategic alliance with NT Bullion Ltd for the Northern Project Area (NPA) at the Tennant Creek Mineral Field in the Northern Territory. NT Bullion will invest $2 million in Emmerson shares...

on 28/4/20

2 min read