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Emu NL ( (AU:EMU) ) has provided an update.
Emu NL has reported that its ongoing reverse circulation drilling program at the Fiery Creek prospect in North Queensland has intersected visible primary copper sulphides in three drill holes, with mineralisation occurring as disseminated and banded chalcopyrite, bornite, and secondary cuprite along structures mapped at surface and confirmed at depth. The company is using a portable XRF unit to assist geological logging, has submitted one-metre samples from key holes for full multi-element analysis at Intertek Laboratories, and expects assay results in late January, a development that could clarify the copper and gold potential of Fiery Creek and influence Emu NL’s exploration strategy and project valuation.
More about Emu NL
Emu NL is an ASX-listed mineral exploration company focused on discovering and advancing base and precious metals projects in Australia, with current activity centred on copper and gold exploration at prospects such as Fiery Creek in North Queensland.
Average Trading Volume: 434,828
Technical Sentiment Signal: Sell
Current Market Cap: A$14.31M
See more insights into EMU stock on TipRanks’ Stock Analysis page.