- Strategic Alliance with Territory Resources to build the Tennant Creek Processing Hub to support Small Mines
- High-grade Gold intersected at the Mauretania project in Tennant Creek
o MTRC023: 26m at 8.9g/t gold, 85g/t silver, 0.49% copper and 0.13% bismuth from 53m and includes;
-- 8m at 23g/t gold, 219g/t silver, 0.72% copper and 0.26% bismuth
o 10m at 7.6g/t gold, 2.4g/t silver, 0.19%copper and 0.14% bismuth from 171m and includes:
-- 5m at 13.4g/t gold, 2.8g/t silver, 0.22% copper and 0.21% bismuth
o MTRC027: 12m at 10.4g/t gold and 0.27% bismuth from 48m and includes:
-- 6m at 18.9g/t gold and 0.46% bismuth.
o MTRC025 intersected 19m at 1.85g/t gold, 28.7g/t silver, 1.25% copper and 734ppm cobalt from 101m and includes:
-- 9m at 2.6g/t gold, 22.8g/t silver, 2.3%copper and 0.12% cobalt.
- Spectacular results returned from Jasper Hills, located within the Northern Corridor at Tennant Creek
o NSDH101: 28m at 5.83g/t gold, 0.17% cobalt and 8.52% copper (from 108 to 136m) and includes:
-- 19m at 0.56g/t gold, 0.47% cobalt and 11.4% copper and
-- 2m at 50.1g/t gold and 10.5% copper
o NSDH547: 23m at 0.14% cobalt and 7.04% copper (from 95 to 118m) and includes:
-- 4m at 0.37% cobalt and 10.2% copper and 1.35g/t gold
o NSDH488: 14m at 6.72g/t gold, 0.28% cobalt and 2.17% copper (from 284 to 298m) and includes:
-- 5m at 16.6g/t gold2m at 1.32% cobalt and 2% copper
o NSDD110: 15m at 7g/t gold (from 295 to 310m) and includes:
-- 6m at 14.9g/t gold
- Successful Restructure of the Tennant Creek Mineral Field Joint Venture
- Promising New Porphyry Copper-Gold Discovery in NSW
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About Emmerson Resources Limited
Emmerson Resources Limited (ASX:ERM) (FRA:42E) recently commenced exploration on new gold-copper projects in NSW, identified (with our strategic alliance partner Kenex Limited) from the application of 2D and 3D predictive targeting models – aimed at increasing the probability of discovery. The highly prospective Macquarie Arc in NSW hosts >80Mozs gold and >13Mt copper with these resources heavily weighted to areas of outcrop or limited cover. Emmerson's five exploration projects contain many attributes of the known deposits within the Macquarie Arc but remain under explored due to historical impediments, including an overlying cover (plus farmlands) and a lack of exploration focus. Kadungle is a JV with Aurelia Metals covering 43km2 adjacent to Emmerson's Fifield project.
In addition, Emmerson is exploring the Tennant Creek Mineral Field (TCMF), one of Australia's highest-grade gold and copper fields producing over 5.5 Mozs of gold and 470,000 tonnes of copper from deposits including Warrego, White Devil, Orlando, Gecko, Chariot and Golden Forty. These high-grade deposits are highly valuable exploration targets, and to date discoveries include high-grade gold at Edna Beryl and Mauretania, plus copper-gold at Goanna and Monitor. These are the first discoveries in the TCMF for over a decade.
ContactFor further information, please contact:
Managing Director and CEO
Emmerson Resources Limited (ASX:ERM) Further Promising Alteration with Assays Pending for the Whatling Hill Copper-Gold Project in NSW