Emmerson Resources Limited (ASX: ERM) – $0.025
14 Apr 2015
Emmerson Resources Limited (ASX: ERM) will commence exploration activities in April 2015 focussing on the Eastern Project Area in the Tennant Creek Mineral Field of the Northern Territory (Figure 1).
Figure 1. Location of Tennant Creek Mineral Field
The drilling program at the Eastern Project Area comprises approximately 18,000 metres of infill RAB drilling. The program is designed to better define the best gold-bismuth anomalies. In addition, five diamond drillholes will assist in understanding the geology and testing anomalies identified from the 2014 RAB drilling program.
The 2015 exploration budget is in excess of $5.0 million and will be fully funded by the company’s Joint Venture Partner Evolution Mining Limited (ASX: EVN).
For further information, visit www.emmersonresources.com.au
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