Emmerson Resources Drills High-Grade Copper-Gold Growth at Hermitage

THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) continues to drill growth at its Hermitage copper-gold discovery at the company’s 100 per cent-owned project at Tennant Creekin New South Wales.

Emmerson Resources received remaining assay results from drilling at the Hermitage discovery, which is one of a cluster of 100 per cent Emmerson owned prospects where the application of new exploration technologies is unlocking new discoveries.

Drilling highlights include:

HERCDD006
52.5 metres at 1.03 per cent copper, 1.36 grams per tonne gold and 0.11 per cent bismuth from 131.5m, including 4m at 5.66g/t gold and 0.47 per cent copper from 141m;
12m at 3.39g/t gold; and
3.04 per cent copper from 172m, including 3m at 12.51g/t gold and 2.95 per cent copper from 181m.

HERCDD005
5m at 1.06g/t gold, 0.58 per cent copper and 0.13 per cent bismuth from 75m; and
6m at 1.88g/t gold, 0.83 per cent copper and 0.11 per cent bismuth from 105m, including 3m at 3.67g/t gold, 1.38 per cent copper and 0.21 per cent bismuth from 105m.

Emmerson said the drill holes from the phase 2 drill program build on previous high-grade results while extending the strike extent and potential for multiple, ironstone hosted copper-gold mineralisation to the north of the central ironstone.

This mineralisation is open along strike to the east and west and plunging down beneath the fault that is to be the subject of future drilling.

“Now we have all the assay results of the phase 2 drilling, Hermitage is on scale with many of the major historical discoveries in the Tennant Creek Mineral Field,” Emmerson Resources managing director Rob Bills said in the company’s ASX announcement.

“The grades of copper, gold, cobalt, and bismuth are outstanding, as evidenced by angled scissor drill hole HERCDD010, successfully aimed at testing beneath the fault and discovery drill hole HERCDD003 – ranked on a global basis as one of the best intersections for 2021.

“Encouragingly, this phase 2 drilling indicates that the gold, copper and bismuth grades increase with depth and remain open in all directions.

“The addition of cobalt and bismuth to the copper and gold at Hermitage adds to the inventory of future facing metals relevant to the battery, superconductor, magnet, and 3D printing, suite of metals.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.emmersonresources.com.au