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Emmerson Resources intersects high-grade gold at Mauritania greenfields discovery in NT

Emmerson Resources Limited (ASX:ERM) managing director Rob Bills updates Proactive Investors on the explorer's first diamond drill program at its greenfields discovery Mauritania in the Northern Territory. 
The first hole drilled revealed high-grade gold mineralisation, intersecting 15 metres at 45 g/t gold, including 4 metres at 158 g/t gold.
"It's incredibly high-grade - to put listener's on scale, the normal gold grade is between one and two grams," says Bills. 
Bills also explains the royalty-focused business behind Emmerson, which reduces the downside risk to its shareholders.

Quick facts: Emmerson Resources Ltd

Price: 0.082 AUD

Market: ASX
Market Cap: $34.84 m

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Full interview: Emmerson Resources to begin gold-copper drilling program in NSW

Emmerson Resources Ltd (ASX:ERM) managing director and CEO Rob Bills speaks to Proactive about a diamond drilling program set to begin next month at the Kiola Project in a highly prospective area of NSW.  The program is designed to test targets in the 15-kilometre Kiola Geochemical Zone...

3 weeks, 6 days ago

2 min read