Proactive Investors - Run By Investors For Investors

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.

View full ERM profile View Profile

Emmerson Resources Ltd Timeline

Related Articles

Hayes Creek and Burnside projects in the NT
February 06 2019
The Northern Territory is PNX’s focus as exploration efforts move indoors during the wet season.
Lake Yindarlgooda at Riversgold’s project in the Goldfields
February 15 2019
The Eastern Goldfields is Riversgold’s focus in Western Australia while it also has ground in South Australia and Alaska.
1563278736_gold.jpg
July 16 2019
Alkane Resources has gold at Tomingley and rare earths and zircon at Dubbo

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use