Emmerson Resources (ASX:ERM) found high-grade gold mineralizations during extensional reverse circulation drilling at its White Devil gold project in Tennant Creek, Australia, according to a Wednesday Australian bourse filing.
The intersections yielded 33 meters at 5.1 grams per tonne of gold from 189 meters, including ten meters at 11.2 g/t gold.
The company has started development studies to determine if the project will be classified as a major mine deposit or a small mine deposit, the filing said.
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