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"The estimated 9,000mRC programme is expected to be completed by...

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mark79bond

1,339 Posts.

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03/03/21

13:58

Post #: 51484700
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Originally posted by mark79bond: ↑

A bit of a summary from the announcement-

Assay results received from 33 drill holes (3,741m) of the 9,000m reverse circulation (RC)
drilling programme

historically mined, along 5 levels, between 1923-1941 to a depth of 145m below surface.

Gold Results of up to 89.57 g/t Au

Further assay results and news flow expected over the next 6 weeks

Comment from EMU’s Chairman, Peter Thomas

"These results provide early and strong encouragement for the potential of a materially
large gold deposit emerging at Gnows Nest and could be the catalyst for the Company to
transition from explorer to producer near term"

EMU expects to deliver regular updates as the drilling programme continues. The estimated 9,000m
RC programme is expected to be completed by the end of February and assay results will be advised
progressively over the coming weeks.

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"The estimated 9,000mRC programme is expected to be completed by the end of February and assay results will be advised progressively over the coming weeks."

As per the announcement, drilling should now be complete unless they have decided to extend the program ("Estimated 9,000mRC programme").

Looking forward to news this week/ next week on Gnows Nest & also possible news in Nickel & Copper.
EMU Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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