Announcement Date: 2022-08-17
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Emmerson Resources Ltd.
Project name: Hermitage
Location: Australia
Commodities: Gold,Silver,Copper,Bismuth
Highlight: Drilling results incl. 94.4m @ 2.74% Cu, 5.58g/t Au, 17.88g/t Ag, 0.44% Bi from 85m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Assay results from Phase 2 diamond and reverse circulation (RC) drilling support the emerging Hermitage copper-gold discovery at Emmerson’s 100%-owned project area at Tennant Creek. Hermitage is one of a cluster of 100% Emmerson owned prospects (Figure 1) where the application of new exploration technologies are unlocking new discoveries. This Phase 2 drill program not only builds on the previous high-grade results but also expands the potential down plunge beneath the fault where copper has been intersected outside of the ironstones. A hall mark of the Tennant Creek ore bodies is the correlation of elevated metal grades with magnetite-hematite ironstones, thus future drilling will focus on pinpointing continuation of the central ironstone beneath the fault. The preliminary geological model at Hermitage consists of tabular to pipelike breccias within ironstones that plunge steeply to the north and continue below the post mineral fault. Whilst the dimensions have yet to be fully ascertained as new zones of ironstone continue to be intersected
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