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Emmerson Resources Limited ( (AU:ERM) ) just unveiled an announcement.
Emmerson Resources Limited has recommenced a 5,000m Reverse Circulation drill program at the White Devil deposit, aiming to extend the mineralization and optimize the open pit design. The White Devil deposit, with a significant Mineral Resource Estimate, is expected to be defined as a Major Mine Deposit under joint venture agreements, potentially impacting Emmerson’s stake in the project. The company is also advancing a Scoping Study, with plans for a Pre-Feasibility Study, which could enhance its industry positioning and stakeholder interests.
More about Emmerson Resources Limited
Emmerson Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary product is gold, and it is engaged in activities around the Tennant Creek Mineral Field in Northern Territory, Australia.
YTD Price Performance: 62.34%
Average Trading Volume: 574,782
Technical Sentiment Signal: Buy
Current Market Cap: A$79.45M
Find detailed analytics on ERM stock on TipRanks’ Stock Analysis page.