(MENAFN- ABN Newswire)
Quarterly Activities Report Perth, April 27, 2018 AEST (ABN Newswire) - Emmerson Resources Limited ( <>
Highlights
- New targets of gold, copper and cobalt identified in Emmerson's 2600km2 Tennant Creek Project
o Spectacular results returned from Jasper Hills, located within the Northern Corridor at Tennant Creek (out of quarter - ASX-10 April 2018):
-- NSDH101: 28m at 5.83g/t gold, 0.17% cobalt and 8.52% copper (from 108 to 136m) and includes:
--- 19m at 0.56g/t gold, 0.47% cobalt and 11.4% copper and
--- 2m at 50.1g/t gold and 10.5% copper
-- NSDD100: 11m at 0.22g/t gold, 0.18% cobalt and 2.56% copper (from 117 to 128m) and includes:
--- 3m at 0.34g/t gold, 0.55% cobalt and 5.80% copper and
--- 1m at 0.48g/t gold, 1.07% cobalt and 5.71% copper
-- NSDH547: 23m at 0.14% cobalt and 7.04% copper (from 95 to 118m) and includes:
--- 4m at 0.37% cobalt and 10.2% copper and 1.35g/t gold
-- NSDH488: 14m at 6.72g/t gold, 0.28% cobalt and 2.17% copper (from 284 to 298m) and includes:
--- 5m at 16.6g/t gold, 2m at 1.32% cobalt and 2% copper
-- NSDD110: 15m at 7g/t gold (from 295 to 310m) and includes:
--- 6m at 14.9g/t gold
- 2,100m drill program to commence in April (weather permitting), aimed at extending high grade gold
- Proposed restructure of the Tennant Creek project provides Emmerson with 100% of high-grade gold projects and revenue from the small mines
- New epithermal vein system intersected in last drill hole at Kadungle NSW
- Discovery drill hole at Kadungle intersects:
-- 3m at 0.67g/t gold from 299m (drill hole KDD017)
-- 10m at 0.35% copper from 475m (drill hole KDD017) which includes:
--- 1m at 1.63% copper
- High grade Cobalt from rock chip samples in NSW
To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/A82JI77U
About Emmerson Resources Limited
Emmerson Resources Limited ( ASX:ERM ) (FRA:42E) is an ASX listed gold resource company that recently (July, 2014) secured a landmark Joint Venture agreement with Evolution Mining ( ASX:EVN ).
- Has an aggressive exploration program and dominant position in the world class Tennant Creek Mineral Field.
- Is applying new exploration concepts and technologies to unlock the next generation of gold and copper deposits.
- Owns the only carbon-in-pulp gold plant in the region.
- Has an experienced Board and Management team.
MENAFN2604201801110000ID1096777672
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.