Emmerson Resources Ltd s future looks golden on the back of extended JV with TCMG and bonanza hits at Mauretania proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Emmerson Resources up 15% after uncovering 3.95 metres at 57 g/t gold at Mauretania project, Tennant Creek
The bonanza gold hit is considered “highly encouraging” and is one of three holes that intersected the primary gold zone at Tennant Creek’s Mauretania project. Diamond drill rig commencing the first hole above the bonanza gold zone at Mauretania.
Emmerson Resources Ltd (ASX:ERM) has returned a bonanza-grade gold intersection from the first diamond hole in a sparsely drilled primary gold zone at Mauretania Project in the Northern Project Area of Tennant Creek Mineral Field in the Northern Territory.
The precious metals explorer discovered a 3.95-metre intersection, grading 57 g/t gold, 0.22% bismuth, 20.6 g/t silver and 0.23% copper from 207 metres in hole MTDD010 at the greenfields discovery.