For thousands of other reports visit RSC's Mineral Intellingence Map
Emmerson Resources Ltd.
Summary
| Project: | Tennant Creek | |
|---|---|---|
| Deposit: | Jasper Hills | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Bismuth-Copper-Iron-Lead-Zinc-Molybdenum-Antimony | |
| Date: | 4/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-4-2018: Emmerson Resources Ltd. announces an Exploration/Drilling Update report for its Jasper Hills deposit at the Tennant Creek project. Old drillholes new assays results incl. 28m @ 5.83g/t Au, 0.17% Co, 8.52% Cu from 108m. Emmerson Resources Limite | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steve Russell (Internal) | |
| ABSTRACT: | Emmerson Resources Limited (“Emmerson” ASX: ERM) is pleased to announce that a series of spectacular assay results has been returned from the Jasper Hills Project, located within the Northern Corridor of Emmerson’s 100% owned Tennant Creek Project. Emmerson’s Managing Director, Mr Rob Bills commented: “The proposed restructure of the Tennant Creek Mineral Field JV with Evolution Mining has enabled Emmerson to focus on the generation of new targets within the 2,600km2 project area to be retained by Emmerson subject to shareholder approval. Our first area of priority is the highly prospective yet underexplored Northern Corridor region. This area hosts our high-grade Edna Beryl gold mine and has excellent potential for further deposits of gold, copper and now at Jasper Hills, the addition of high grade cobalt. While the Jasper Hills project was discovered back in the 1930’s, it received little attention at the time due to a combination of the cobalt price and focus on the nearby North Star gold mine. Emmerson’s initial program has consisted of locating the historic drill core, relogging and assaying ahead of an independent assessment of the mineral resource consistent with the JORC code. Although early days, the indicative cobalt grades at Jasper Hills compare favourably with other Australian projects of CleanTeQ (~0.1% Co), Australian Mines (~0.11% Co), Metals X (~0.08% Co), Barra Resources (~0.13% Co). Whilst these projects have associated metals, Jasper Hills is unique given the combined metal grades (copper, gold and cobalt) which provide potential for very high value ores. Emmerson has considerable experience in the exploration for this style of mineralisation, with discoveries at Edna Beryl, Mauretania and Goanna –that share many common attributes of high-grades of gold, copper and now cobalt, associated with oxidised, hematite ironstones. We believe the Northern Corridor has excellent potential for further discoveries and will be announcing a major exploration program over this area shortly. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report