Market Alert : Cooling Inflation, Rising Oil Prices: How Should Australian Investors Respond?

eMetals Advances Mineral Range Tungsten Project with High-Grade Results

eMetals Limited (ASX: EMT) has reported strong exploration progress at its wholly owned Mineral Range Tungsten Project in Utah, USA, following the completion of its first full quarter of field activities. During the period, all 84 mineral claim applications were granted, expanding the project to 109 mineral claims covering approximately 2,072 acres and around 12 kilometres of prospective strike. Exploration activities included geological mapping, rock chip sampling, underground re-entry of the historic Garnet Mine, LiDAR scanning and geophysical investigations to refine priority drill targets. A total of 42 grab samples returned multiple high-grade tungsten results, including 0.74% WO₃, 0.51% WO₃, 0.41% WO₃, 0.36% WO₃ and 0.32% WO₃. Following the quarter, channel sampling also delivered encouraging intercepts, including 1.2 metres at 0.76% WO₃ and 5.5 metres at 0.18% WO₃. The Company plans to use these results to guide future drilling activities and extend identified mineralised zones across the project.

 

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au