Eastern Metals Limited (AU:EMS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Eastern Metals Limited has commenced a drilling program at its Cobar Project in NSW, targeting the Kelpie Hill and Windmill Dam sites, following strong surface sampling results. These sites are strategically located near the high-grade Evergreen Zone and are expected to reveal significant base metal deposits along the Woorara Fault. The 2,000-meter drilling operation, conducted by Drillit Consulting, is set to be completed in three weeks, with initial findings anticipated in September 2024.
For further insights into AU:EMS stock, check out TipRanks’ Stock Analysis page.