Emmerson Resources Limited (AU:ERM) has released an update.
Emmerson Resources Limited has announced a significant addition to their gold inventory with the maiden JORC 2012 compliant Mineral Resource Estimate at the Golden Forty Deposit, revealing 133,900 ounces of high-grade gold. The estimate shows a robust and high-grade core, with the majority classified as Indicated, and initial tests suggest gold recovery rates exceeding 95% using standard processing methods. The addition of the Golden Forty Deposit is expected to substantially impact the company’s joint venture partnership and the revival of gold mining in the Tennant Creek Mineral Field.
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