ELE 0.00% 0.5¢ elmore ltd

Ann: Quarterly Activities and Cashflow Report, page-19

  1. 460 Posts.
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    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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