Emmerson Resources
Emmerson Resources commands a dominant tenement position in Australia's Tennant Creek Mineral Field. This field is characterised by extremely high-grade gold & gold-copper deposits, with a historical production in excess of 5.5 million ounces of gold and 488,000 tonnes of copper. Emmerson Resources owns the Warrego Gold Plant, located 35 kilometres north-west of Tennant Creek. The plant has an annual production capacity of 300,000 tonnes and was last operated in December 2005, following complete refurbishment in early 2003.
Emmerson Resources announces bonanza gold intersection and high-grade copper result at Tennant Creek
Emmerson Resources (ASX: ERM) has reported outstanding early drill results from two Tier 1 gold and copper-gold targets within the company's exploration project at Tennant Creek in the Northern Territory.
Following the announcement, shares in the company increased 17% to 27.5c.
The latest results include a bonanza gold intersection of 2m @ 50.6 g/t Au at Pinnacles North and a high-grade copper intersection at Rising Star.
The encouraging results are from early drill testing of the pipeline of 26 top-ranked Tier 1 undercover targets within the Tennant Creek Mineral Field being carried out under Emmerson’s A$18 million joint venture with Ivanhoe Australia.
The targets were identified as a result of Emmerson’s A$2 million investment in the acquisition of detailed gravity and magnetic geophysics across its entire tenement package in the Tennant Creek Mineral Field, combined with the application of new concepts and an enhanced geological understanding of the region.
The 26 top-ranked targets from a total of approximately 56 new greenfields targets identified are being systematically evaluated during the 2009 and 2010 field seasons.
Excellent progress has been made during the 2009 field season since the completion of the joint venture in April, with three drill rigs advancing exploration across a number of projects. The initial phase of work has assisted in building the geological understanding across several of these undercover, Tier 1 targets ahead of further review and systematic drill testing in 2010.
A total of 6,000m of diamond, 19,000m of RC and 30,000m of RAB drilling completed across 18 projects, with further assay results awaited.
Other Emmerson Resources articles
-
29/01/10 Emmerson Resources ups ante, searching for Tier 1 gold targets
-
03/11/09 Emmerson Resources picks up momentum exploring for Tier 1 gold targets
-
15/10/09 Emmerson Resources hunting for Tier 1 projects at Tennant Creek JV with Ivanhoe Australia
-
30/06/09 Emmerson Resources and Ivanhoe Australia up the ante on gold-copper exploration
Other Emmerson Resources news
-
17/02/10 Emmerson Resources CEO acquires further shares
-
26/08/09 Emmerson Resources completes JV agreement with Ivanhoe Australia over Tennant Creek tenements
-
04/06/09 Emmerson Resources confirms strike extension from drill results at Analytic One target
-
16/04/09 Emmerson Resources hits jackpot with Ivanhoe Australia farm-in at Tennant Creek and placement
Investors interested in Emmerson Resources recently viewed
-
Altus Strategies (AIM: ARCL)
-
Ariana Resources (AIM: AAU)
-
Bravo Gold Corporation (TSX-V: BVG)
-
Central China Goldfields (AIM: GGG)
-
CGA Mining Limited (ASX,TSX: .CGX)
-
Chaarat Gold (AIM: CGH)
-
Citigold Corporation (ASX: .CTO)
-
Cluff Gold (AIM / TSX: CLF)
-
Eaglecrest Explorations (TSX-V: .EEL)
-
EnviroGold (ASX: .EVG)
-
Exco Resources Ltd (ASX: .EXS)
-
Exeter Resource Corporation (TSX | AMEX.NYSE: .XRC)
-
Gold Resource Corp (OTCBB: .GORO)
-
Golden Goliath (TSX: .GNG)
-
Golden Predator Royalty & Development Corp (TSX: GPD)
-
Goldplat (AIM: GDP)
-
Goldrush Resources (TSX-V: GOD)
-
Hawthorne Gold (TSX-V: .HGC)
-
Kalahari Resources Inc. (TSX-V: .KLA)
-
Knick Exploration (TSX-V: .KNX)
-
Kryso Resources (AIM: KYS)
-
Lydian International (TSX: .LYD)
-
Mariana Resources (MARL: MARL)
-
Medusa Mining (AIM / ASX : TSX: MML)
-
Mercator Gold plc (AIM: MCR)
-
Metals Exploration (AIM: MTL)
-
Minefinders Corporation (TSX: MFL)
-
Minera IRL (AIM: MIRL)
-
Nevsun Resources (TSX: .NSU)
-
Norseman Gold (ASX / AIM: NGX / NGL)
-
Nyota Minerals Limited (ASX / AIM: NYO)
-
Orosur Mining Inc. (AIM / TSX-V: OMI)
-
Oxus Gold (LSE: OXS)
-
Pan African Resources (AIM: PAF)
-
Patagonia Gold (AIM: PGD)
-
Persian Gold (AIM: PNG)
-
Plato Gold Corp (TSX-V: .PGC)
-
Republic Gold (ASX: .RAU)
-
Rubicon Minerals (TSX | AMEX.NYSE: RBY: .RMX)
-
Sacre-Coeur Minerals (TSX: SCM)
-
Soho Resources Corp (TSX-V: SOH)
-
Solomon Gold (AIM: SOLG)
-
Sona Resources (TSX-V: SYS)
-
Stratex International (AIM: STI)
-
Sunridge Gold Corp (TSX-V: .SGC)
-
Timmins Gold Corp (TSX-V: .TMM)
-
Vatukoula Gold Mines (AIM: VGM)
-
Victoria Gold Corp (TSX-V: .VIT)









