Emu (ASX:EMU) said that a management restructuring has allowed it to conduct project operations, company systems, and policy management gap analysis, according to a Friday Australian bourse filing.
During a review of company procedures and policies, the mining firm found privacy breaches involving the unauthorized, inappropriate, and potentially unlawful distribution of shareholder information. The matter was then reported to the Australian Stock Exchange.
Further, it noted that planning for the first drilling program at the Georgetown copper-gold project in Queensland is complete, and it is awaiting access approvals.
A review highlighted further areas for drilling at the Badja gold project in Western Australia to extend the resource. It filed a program of work applications in this regard. It is also reviewing the potential to have ore from the project toll treated at nearby gold processing facilities.
Its shares rose over 19% on market close.
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