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Emmerson Resources (ASX:ERM) (OTCMKTS:EMMRF) MD Rob Bills Talks High Grade Gold on Big Review TV.
The company announced the first assays from the 6,500m drilling campaign currently underway at their Edna Beryl project in the Northern Territory of Australia (Figure 1, table 1 and 2 in link below).
The RC results from this ongoing drilling are 1m samples and support the previous gold intersections from Campaign 1 and 2 at Edna Beryl (ASX 2 August 2016) which include:
o 5m at 35.6g/t gold from 120m (EBWRC012) including;
- 3m at 44.5g/t gold
- 1m at 77.6g/t gold
o 2m at 30.1g/t gold from 128m (EBWRC015)
o 3m at 9.10g/t gold from 136m (EBWRC018) including;
- 1m at 24.4g/t gold
o 2m at 7.28g/t gold from 142m (EBWRC018) including;
- 1m at 12.5g/t gold
o 3m at 36.6g/t gold from 227m (EBWRC025) including;
- 1m at 65.6 g/t gold and
- 1m at 31.8 g/t gold
o 3m at 9.28g/t gold from 170m (EBWRC026) including;
- 1m at 13.2 g/t gold
This drilling continues to further the geological and structural understanding at Edna Beryl, particularly in drill hole EBWRC041 which is the first indication of bonanza gold within ironstone 3 (figure 2 in link below). This opens up potential in all directions for further shallow high grade gold, not only in ironstone 3 but also repetitions further to the north (for example the recently intersected ironstone 4). Particularly as this intersection is only 130m below the surface but with good potential above in the supergene zone where often there is substantial enrichment of the gold.
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