Emmerson Resources: Advancing Tennant Creek Gold Projects

Emmerson Resources (ASX: ERM) has strengthened its position in the Tennant Creek region through key joint venture developments. The White Devil Gold Project, with a resource of 611,400 ounces, has been confirmed as a Major Mine. Under the Major Mine Joint Venture, Emmerson will hold a 40% contributing interest, while Tennant Mining retains 60%. The project is advancing toward an updated Mineral Resource Estimate in October and a feasibility study by year-end 2025.

Meanwhile, the Golden Forty Gold Project (133,900 ounces) has been transferred to the Small Mines JV. Tennant Mining will manage development, with Emmerson securing a 6% uncapped gross production royalty on any gold produced. Early studies suggest strong underground mining potential with ore processed at the nearby Nobles CIL facility. These developments highlight Emmerson’s strategy of balancing direct participation in large-scale projects with low-risk royalty income from smaller deposits.

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