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Published on 28 Mar 2018
Emmerson Resources Ltd (ASX:ERM) managing director Rob Bills updates
Proactive Investors on "action packed" operations following the
restructuring of a joint venture with Evolution Mining Ltd (ASX:EVN).
Emmerson is already generating cash flows under a tributary agreement
from its eight small gold mines, which are being ramped up to produce in
series, with a second gold bar expected to be poured from Edna Beryl
within a fortnight. Drilling at Tennant Creek is ongoing, with fresh
drilling at high grade projects identified under the former JV set to
commence next month.
But the real story for 2018 surrounds a cobalt copper project that will
be detailed in an announcement due out after Easter, and an early stage
cobalt manganese project in New South Wales.
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