Emmerson Resources (ASX:ERM) has commenced its reverse circulation and diamond drill program at its 100% owned Tennant Creek project in the Northern Territory.
The first campaign of 6,700 metres of drilling is confined to the Edna Beryl project area – aimed at near mine and new regional greenfields targets.
Ultra-high-resolution ground gravity surveys have revealed likely extensions to the ironstones that host the high-grade bonanza gold mineralisation at Edna Beryl.
Drilling will target untested Edna Beryl look alike targets immediately to the north as well as explore the potential to discover a new generation of hematite hosted gold deposits.
If drilling is successful in verifying additional hematite ironstones known to host high-grade gold, further high resolution gravity surveys will be deployed over a range of similar targets.
Elsewhere, exploration is well underway in New South Wales with detailed high-resolution magnetic surveys completed at multiple tenements and assays pending from the first drill hole.
Preliminary results showed the hole intersected visible sulphides within an extensive zone of alteration at the Kadungle project located in New South Wales.
Drill hole, KDD015, supports the previous historical drilling where high-level epithermal veins were intersected with best assays of 12 metres at 7.73 g/t gold and 3 metres at 7.14 g/t gold.