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Emmerson Resources on track to grow gold royalty stream at Tennant Creek

Emmerson Resources Ltd (ASX:ERM) CEO and managing director Rob Bills updates Proactive on a growing gold royalty stream for the company in its alliance with Territory Resources.

A key component of the strategy is refurbishment of the Warrego Mill at Tennant Creek in the Northern Territory, which is on track for commissioning later this year.

Bills said the discovery of high-grade gold and copper-gold was the biggest driver of value for Emmerson shareholders at the moment.

He also updated the market on drilling programs underway at the company’s Tennant Creek and NSW projects.

Quick facts: Emmerson Resources Ltd

Price: 0.105 AUD

ASX:ERM
Market: ASX
Market Cap: $48.31 m
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Emmerson Resources' Rob Bills explains terms and intentions of its share...

Emmerson Resources Ltd's (ASX:ERM) Rob Bills speaks with Proactive's Andrew Scott following the launch of its share purchase plan (SPP). The intention's to raise $1 million as part of its $4.575 million capital raising with funds to advance its gold strategy.

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