Emmerson Resources Limited ( (AU:ERM) ) just unveiled an update.
The Tennant Creek Alliance, comprising Emmerson Resources Limited, Tennant Minerals Limited, and CuFe Ltd, is advancing its plans to establish a shared processing facility for copper-gold-critical mineral resources in the Northern Territory. The alliance has made progress on resource updates, mineralisation models, and logistical evaluations, with support from the Northern Territory Government. This initiative is expected to benefit stakeholders and the regional economy by re-establishing copper mining and processing.
More about Emmerson Resources Limited
Emmerson Resources Limited is part of the Tennant Creek Alliance, which includes Tennant Minerals Limited and CuFe Ltd. The alliance focuses on the copper and gold industry, aiming to develop a multi-user facility for processing copper-gold-critical mineral resources in the Tennant Creek region, Northern Territory.
Technical Sentiment Signal: Buy
Current Market Cap: $55.95M
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