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An update from Emmerson Resources Limited ( (AU:ERM) ) is now available.
Emmerson Resources has announced significant high-grade gold mineralization results from its White Devil Gold Project in Tennant Creek. The recent drilling has extended the mineral resource to the west of the historical open pit, with a Mineral Resource Estimate update expected in October 2025. The results have bolstered the project’s potential, leading to the commencement of prefeasibility studies. This development positions White Devil as a major mine deposit under its joint venture with Tennant Mining, potentially advancing towards development as early as FY2027.
More about Emmerson Resources Limited
Emmerson Resources Limited is a mining company focused on gold exploration and development. The company operates primarily in the Tennant Creek region of Northern Territory, Australia, and is involved in joint ventures aimed at expanding its mineral resource base.
Average Trading Volume: 475,725
Technical Sentiment Signal: Buy
Current Market Cap: A$127.1M
Find detailed analytics on ERM stock on TipRanks’ Stock Analysis page.