Emerald Resources Posts 27% Mineral Resource Increase at Cambodia Project; Shares Reach All-Time High

MT Newswires Live

Jan 21

Emerald Resources (ASX:EMR) reported a 27% increase in the total mineral resource of its Memot project in Cambodia to 1.7 million ounces from 1.3 million ounces in July 2025, according to a Wednesday filing with the Australian bourse.

The upgrade includes a higher grade resource totaling 21.6 million tonnes at 1.8 grams per tonne grade of gold for 1.2 million ounces, the filing said.

The company plans further extensional and regional drilling this year, per the filing.

Shares rose 6% in morning trade Wednesday and earlier reached an all-time high.

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