ERM 5.26% 6.0¢ emmerson resources limited

Ann: High Grade Gold Intersected at Edna Beryl,EVN-ERM.AX, page-8

  1. 675 Posts.
    lightbulb Created with Sketch. 6
    Plenty not to like?

    Look at how long these ore shoots extend for - 25m. Why have a major drill program based on such a smallish target - this is high cost and an unnecessary distraction. I can't even see how the zones can be linked

    On a ounce per vertical metre basis these targets aren't interesting and can't be viable even if you had a mill right there.

    Some of the intercepts don't reflect the true width of the mineralised lens - not indicated in the release.

    Sorry I can't get excited about this - just stating the facts.
 
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