Has ELE mentioned this earlier ?
“The exploration JV sees Emmerson remain the operator and manager
plus retain the ownership of the underlying leases during the $5m earnin
by NT Bullion.”
“NT Bullion through an associate, ICA Mining Services Pty Ltd, has
entered into a partnership with Elmore Ltd (ASX:ELE). Elmore are
seeking to establish a modular portable mill in the Tennant Creek
region to process the Peko tails. According to NT Bullion, this mill is
expected to be commissioned in late 2020. Establishing a new
processing facility with potential for additional royalty streams for new
mines in the NPA, including the nearby, high grade gold, Mauretania
discovery.”
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- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-19
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