Rob Bills, managing director of Emmerson Resources Ltd (ASX:ERM), reveals the positive implications of assay results demonstrating high-grades of cobalt, copper and gold at Jasper Hills within the company's Tennant Creek Project in the Northern Territory.
"It's rare that investors have exposure to three of these commodities let alone the grades that we've been getting, and as we've seen, there's significant supply constraint both for cobalt and copper," says Bills.
Emmerson, which is in a strong cash position, will embark on an expansive airborne survey across the 'Northern Corridor' within a fortnight, with expectations for similar discoveries running high. A drilling programme in Tennant Creek is set to commence at the end of the month.