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.
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.