FIRST GOLD POURPerth, Dec 21, 2017 AEST (ABN Newswire) - Emmerson Resources Ltd (ASX:ERM) MD Rob Bills talks with Tim Mckinnon about the first Gold pour from the Edna Beryl mine located North of Tennant Creek in the Northern Territory.
The Edna Beryl is one of a number of high grade gold deposits that Emmerson is developing. The tribute agreement allows Emmerson to continue exploring without the capital risk of mining the tribute area.
Developing further on the Kadungle project in NSW over the Christmas period, as well as continuing the Joint Venture work with Evolution Mining Ltd (ASX:EVN), the company will be providing continuous market updates as results are returned.
To view the video interview, please visit:
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.
About Evolution Mining Limited
Evolution Mining is a leading, growth-focussed Australian gold miner. Evolution operate five wholly-owned mines – Cowal in New South Wales; Mt Carlton, Mt Rawdon, and Cracow, in Queensland; and Mungari in Western Australia. In addition Evolution holds an economic interest in Ernest Henry, in Queensland, that will deliver 100% of future gold and 30% of future copper and silver produced from an agreed life of mine area. Outside of the life of mine area Evolution will have a 49% interest in future copper, gold and silver production from Ernest Henry.
Evolution Mining Limited
Emmerson Resources Limited