Emerald Resources NL (AU:EMR) has released an update.
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Emerald Resources NL has significantly increased the mineral resource estimate for its Memot Gold Project in Cambodia, achieving a 120% rise to 1.03 million ounces of gold. This expansion underscores the potential for the Memot site to become a standalone operation, complementing the company’s existing Okvau Gold Mine and its ambitions for growth. The company’s exploration and feasibility efforts position it well to advance its multi-mine gold production strategy across Cambodia and Australia.
For further insights into AU:EMR stock, check out TipRanks’ Stock Analysis page.
