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?
EMR Price at posting:
$2.17 Sentiment: Hold Disclosure: Held
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