Announcement Date: 2022-07-05
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Emerald Resources NL
Project name: North Laverton
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 25m @ 5.24g/t Au from 0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Emerald Resources NL (ASX: EMR) (“Emerald”) is pleased to report the exceptional drill results from Bullseye Mining Limited’s (Bullseye)(EMR: 59.32%) recent 14,341m resource and mine definition drilling completed on the Neptune Gold Prospect (Neptune). The results of 7,244m of this drilling were reported by Bullseye in its Supplementary Target Statement dated 21 February 2022 with the balance reported in this announcement. The Company believes that is has a reasonable basis for making the forward-looking statements in this announcement, including with respect to any production targets and financial estimates, based on the information contained in this announcement. Reference is made to ASX Announcements dated 1 May 2017 and 26 November 2019. All material assumptions underpinning the production target, or the forecast financial information continue to apply and have not materially changed. 100% of the production target referred to in this announcement is based on Probable Ore Reserves. Emerald has a highly experienced management team, undoubtedly one of the best credentialed gold development teams in Australia with a proven history of developing
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