Emmerson Resources (ASX:ERM) said that drilling intersected high-grade gold mineralization at the Hermitage project in the Northern Territory, according to a Monday ASX filing.
It encountered intercepts of 9 meters at 13 grams per tonne grade of gold from 140 meters, as well as 17 meters at 1.23% grade of copper-equivalent, including 0.72% grade of copper and 0.10% grade of cobalt from 101 meters.