Emmerson Resources Limited (AU:ERM) has released an update.
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Emmerson Resources Limited has announced that its joint venture partner, Tennant Mining, has begun constructing the Nobles CIL gold processing facility near Tennant Creek, set to create approximately 80 construction jobs and over 160 operational jobs. The facility, crucial for developing resources in the Tennant Creek Mineral Field, is anticipated to start commercial production in the third quarter of 2025. Emmerson will benefit from the venture, receiving a 6% gross production royalty on gold produced from the joint tenements.
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