Emu NL (AU:EMU) has released an update.
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Emu NL has made significant strides in its exploration activities at the Yataga Copper Project in Queensland, identifying multiple porphyry copper centers and a substantial copper-in-soil anomaly over an 8 km² area. The company completed a 220-line km airborne electromagnetic survey and is proceeding with ground-based surveys to enhance its geological model for an upcoming drilling program. Additionally, Emu is raising $1.5 million through a share placement to fund these efforts.
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