Emmerson Resources Limited: Quarterly Activities Report ending 31 March 2018
Perth - Emmerson Resources Ltd. (ASX:ERM) (OTCMKTS:EMMRF) provides the Company's Quarterly Activities Report for the period ending 31 March 2018.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 Ltd. (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.
Source:
Emmerson Resources Ltd.
Contact:
Investor Enquiries:
Mr. Rob Bills Managing Director & Chief Executive Officer
T: +61-8-9381-7838
E: admin@emmersonresources.com.au
www.emmersonresources.com.au