Emmerson Resources Limited (AU:ERM) has released an update.
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Emmerson Resources Limited has announced a significant addition to its gold inventory with the maiden high-grade Eldorado Mineral Resource Estimate, revealing 69,800 ounces at 4.9 g/t gold, which boosts the Tennant Creek Project’s total gold resources to 376,600 ounces at 5.2 g/t. The deposit contains exceptionally high-grade zones, potentially suitable for underground mining, and is set to contribute sizably to future royalties for Emmerson as well as support the revitalization of gold mining in the Tennant Creek Mineral Field.
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