logo-loader
Emmerson Resources Ltd

Emmerson Resources non-executive director shows confidence in company with share purchase

The company’s non-executive director now holds about 13.5% interest in Emmerson, worth nearly $335,000.

1552955346_header-emmerson.jpg
Emmerson has built a highly prospective exploration portfolio of projects covering 2,300 kilometres in the NT

Emmerson Resources Limited (ASX:ERM) non-executive director Andrew McIlwain demonstrated his confidence in the company’s diversified strategy by purchasing shares on-market.

McIlwain bought 60,000 ordinary shares, bring his total shareholding to more than 4.5 million shares.

READ: Emmerson Resources commences maiden drilling at Whatling Hill

The gold and copper mining company started a reverse circulation (RC) drill program testing several large copper-gold targets at its Whatling Hill Project in New South Wales.

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

Two rigs have been drilling with results expected in quarter-two 2019.

Quick facts: Emmerson Resources Ltd

Price: $0.15

Market: ASX
Market Cap: $61.6 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 finalises sale of Warrego Mill

Emmerson Resources (ASX:ERM) managing director Rob Bills updates Proactive Investors finalising the sale of the Warrego Mill in the Northern Territory.   Final payment from Territory Resources of $300,000 wraps up the sale and transfer of the mill and mining...

on 4/7/19

2 min read