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Emmerson Resources Limited ( (AU:ERM) ) has issued an update.
Emmerson Resources Limited has recommenced RC drilling at its White Devil Gold Project, expanding the drilling program to include ten holes aimed at exploring the eastern extension of the deposit. The company is nearing the completion of its initial JORC 2012 Mineral Resource Estimate, expected by January 2025, excluding the new extension, with further updates planned after incorporating new drilling results by March 2025. This expansion indicates increased potential in the area and could influence Emmerson’s strategic positioning in the gold exploration sector.
More about Emmerson Resources Limited
Emmerson Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold and other mineral resources. The company primarily operates in the Tennant Creek region of the Northern Territory, Australia, with projects such as the White Devil Gold Project and others.
YTD Price Performance: -25.00%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.06M
For detailed information about ERM stock, go to TipRanks’ Stock Analysis page.
