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Emerald Resources NL

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Summary

Project:

Okvau

Deposit:Okvau
Location:Cambodia
Commodities:Gold
Date:4/28/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:28-4-2020: Emerald Resources NL announces an Exploration/Drilling Update report for its Okvau deposit at the Okvau project. Drilling results incl. 2m @ 42.78g/t Au from 8m. Emerald Resources NL (ASX: EMR) (“Emerald”) is pleased to provide results from the
Resources:(Reserve, Prob.): 14.26Mt @ 1.98g/t Au for 907Koz contained at Okvau
CP/QP:[Overall Report]: Keith King (Internal)
ABSTRACT:Emerald Resources NL (ASX: EMR) (“Emerald”) is pleased to provide results from the pre-production grade control drill programme to delineate the oxide mineralised domain at the Okvau Gold Deposit in advance of mining commencement in October 2020. Emerald has continued to progress through the final phase of pre-production grade control drilling to define the mineralised domain in the stage 1 pit design. The programme is designed to infill previous drilling to a 5m by 5m spacing (refer Figure 1) and delineate the mineralisation in the oxide portion of the Okvau Gold Project (refer Figures 2 and 3). The drill programme was initially planned 1,200 shallow holes (~10m) but due to additional ore being defined it has been expanded to 1,824 drill collars (14,611m). The results from the previously announced Phase 1 and Phase 2 simulated grade control drill programmes (refer ASX announcements dated 27 December 2017, 10 January 2018, 3 October 2018 and 24 October 2018) will be incorporated with the results from this current drill programme to produce the final production ore blocks.

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