Emmerson Resources Fact-Sheet

Emmerson Resources (ERM) is a new resource company that successfully raised $A20 million in a heavily oversubscribed IPO during November 2007. The company is focussed on gold and gold–copper exploration. 

One of its key assets is a commanding 2,700km² tenement position in the world class Tennant Creek Mineral Field. This field is characterised by extremely high grades of gold (average gold grades of 15-20 g/t) and gold-copper (average copper grade of 2-4%), and historical production in excess of 5.5 million ounces of gold and 488,000 tonnes of copper.

Emmerson Resources aims to maximise shareholder value by implementing an aggressive and strategic exploration program, underpinned by a clear business process. This process aims to build and maintain a quality pipeline of projects and deploy new concepts and technologies aimed at unlocking the next generation of Tennant Creek deposits.

Emmerson Resources own the only sizable carbon-in-pulp (CIP) gold plant in the region.  This plant has an annual production capacity of 300,000 tonnes-per-annum and is presently on “care and maintenance” until we build a sufficient resource base. In this environment of escalating capital costs, this mill is of high strategic value given it will greatly reduce the “barriers” to early production. This mill also has the potential to capitalise on any “third party” sourced mill feed.

Emmerson Resources owns an extensive geoscientific database that includes numerous geophysical surveys and drill cores from previous explorers. Innovative reprocessing and reinterpretation of this data has been instrumental in providing a deep pipeline of drill ready opportunities for our brownfields program. Furthermore, the database provides a rich source of deposit data that we are using to test and calibrate our new concepts and detection technologies for the greenfields program.

Emmerson Resources have a proactive stakeholder relations policy. It is aimed at supporting  and continuing to build mutually beneficial relationships with the NT Government, local Tennant Creek community, including the traditional owners (commensurate with our financial capacity).  We are party to nine separate agreements with the Central Land Council which detail the terms and conditions pertaining to Emmerson Resources’ exploration access, activities and future mine developments.