Emmerson Resources Ltd

Emmerson Resources sees first ore trucked out of Edna Beryl Gold Mine

Emmerson Resources Ltd (ASX:ERM) MD & CEO Rob Bills tells Proactive Investors that the first batch of ore has been trucked out of the Edna Beryl Gold Mine, representing the first commercial production from the explorer's portfolio in the Northern Territory's Tennant Creek Mineral Field.

Longer term, ore from Edna Beryl and other small gold mines in the area will be processed locally at the Warrego Mill, which will be refurbished by strategic partner Territory Resources Limited (ASX:TTY); but the current arrangement will result in strategically significant early cash flows.

Quick facts: Emmerson Resources Ltd

Price: $0.14

Market: ASX
Market Cap: $59.48 m

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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