Emmerson Resources (ASX:ERM) resumed reverse circulation drilling at its White Devil gold project in the Northern Territory, according to a Friday filing with the Australian bourse.
In late 2024, 31 out of 35 drill holes were completed, leaving four holes as part of the initial test of the deposit's shallow eastern extension, the filing said. As a result of drilling last year, the program has been extended with a total of 10 holes planned.
Additionally, the initial JORC 2012 Mineral Resource Estimate for the deposit is nearing completion and is expected to be finalized within the month, per the filing.
Shares rose 5% in midday trade Friday.
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