logo-loader
viewEmmerson Resources Ltd

Emmerson Resources commences maiden drilling at Whatling Hill

The anomalous soil geochemistry and geophysical targets extend over a 5 kilometre squared area.

RC drill rig
The Whatling Hill Project is within the larger Fifield tenement

Emmerson Resources Ltd (ASX:ERM) has commenced a reverse circulation (RC) drill program testing a number of large copp-ergold targets at Whatling Hill Project in New South Wales.

Notably, geochemical sampling of the target produced results of up to 2% copper and 0.25 g/t gold.

Two rigs are drilling with initial results expected in the second quarter of 2019.

READ: Emmerson Resources reveals bonanza gold results from Tennant Creek drilling

Emmerson’s managing director Rob Bills said: “Drilling at Whatling Hill is now underway and will test a variety of geological, geophysical and geochemical targets over the next four to five weeks with first results expected in the second quarter of 2019.

“The recent induced polarisation (IP) geophysical survey at Whatling Hill has successfully provided an insight into the subsurface geology and alteration to assist with targeting for this program.

“Importantly the IP augments the elevated copper, gold and molybdenum soil geochemistry suggesting possible “leakage” of metals into the subsurface above or lateral to porphyry copper-gold mineralisation.

“Our field-based exploration has been complemented by cutting edge science which has included analysis of the alteration where initial findings suggest we are within the geochemical footprint of a porphyry system.

“Moreover, age dating has demonstrated our targets are consistent in age with the mineralised intrusions at the world-class Northparkes and Cadia-Ridgeway copper-gold deposits.

Based on the encouraging early stage results at both Whatling Hill and nearby Kadungle, Emmerson has consolidated its ground position to take account of possible multiple centres of porphyry copper-gold mineralisation occurring within the Macquarie Arc and Lachlan Transverse Zone (Figure 1).

“A discovery across any of our NSW projects would be transformational for Emmerson – particularly given the paucity of new, large scale copper-gold projects and the competition for new resources.”

Last month, Proactive caught up with Rob Bills to discuss some high-grade gold drill results from its more advanced Northern Territory projects.

Quick facts: Emmerson Resources Ltd

Price: 0.115 AUD

ASX:ERM
Market: ASX
Market Cap: $48.86 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Emmerson Resources Ltd named herein, including the promotion by the Company of Emmerson Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Emmerson Resources seals deal with new gold partner at Tennant Creek

Emmerson Resources Limited's (ASX:ERM) Rob Bills speaks to Proactive's Andrew Scott after entering a strategic alliance with NT Bullion Ltd for the Northern Project Area (NPA) at the Tennant Creek Mineral Field in the Northern Territory. NT Bullion will invest $2 million in Emmerson shares...

on 28/4/20

2 min read