EMR 0.14% $3.49 emerald resources nl

Ann: Significant Exploration Results Continue at EMR Prospects, page-6

  1. 476 Posts.
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    This little nugget.

    Okvau Gold Mine – Resource Update (EMR 100%)
    As previously reported, the Company is undertaking a resource review at the Okvau Gold Mine based on additional drilling
    completed during 2022. The drilling to date indicates the resource growth potential at Okvau with the ore body remaining
    open at depth, to the east, to the north and to a limited extent to the west. Management are studying the most beneficial
    way to optimise the economics of the additional ounces through either open cut or underground development and it is
    expected that the updated resource will be completed for inclusion in the Company’s upcoming Annual Report to be
    released during the September 2023 quarter.
    This ASX release was authorised on behalf of the Emerald Board by: Morgan Hart, Managing Director

    Soooo gold in 3 directions at varying depths, working on most profitable method to mine it. Surely this is saying there is plenty of money to be had by all, do you all not agree?
 
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