THE CONFERENCE CALLER: Emu NL (ASX: EMU) secured a three-year extension to its option to purchase the Vidalita concessions in Chile.
These comprise six of Emu’s 51 concessions (granted and applications) and cover 1,580 hectares or approximately 12 per cent total area of 136 square kilometres held by Emu at its Elevado project.
The Vidalita concessions cover the discovery hole the company announced earlier this year and the area that has been the main focus of Emu’s prospecting and exploration effort.
The Elevado project is located within the Maricunga gold belt in the Atacama Region, northern Chile that hosts numerous world-class gold and silver projects.
EMU non-executive director Gavin Rutherford spoke with Wally Graham of The Resources Roadhouse at the 2019 Diggers & Dealers Mining Forum in Kalgoorlie.