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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: 0.125 AUD

ASX:ERM
Market: ASX
Market Cap: $53.11 m
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Emmerson Resources finalises sale of Warrego Mill

Emmerson Resources (ASX:ERM) managing director Rob Bills updates Proactive Investors finalising the sale of the Warrego Mill in the Northern Territory.   Final payment from Territory Resources of $300,000 wraps up the sale and transfer of the mill and mining...

on 4/7/19

2 min read