EMR - Emerald Resources

[brerwallabi]

Maiden Dingo Range Gold Project Measured, Indicated and Inferred
Mineral Resource Estimate of 28.0Mt @ 1.13g/t Au for 1,010Koz;

Maiden resource includes the Boundary to Bungarra trend and Freeman’s
Find Prospects which is constrained only by the drilling completed and
remains open at depth and along strike;
Work to date supports Emerald’s view that the Dingo Range Gold Project
has the potential to be the Company’s first standalone mining and
processing operation in Australia;
+90% metallurgical recoveries anticipated from conventional CIL flow
sheet (free milling);
Drilling continues over the prospects in advance of further resource
updates throughout 2025;
Feasibility studies continue in advance of commencement of development
in 2025;
Various data sets for each calculation were finalised between September
and November 2024, subsequent intersections outside of the resource
calculation expected to be included in the next update include;
 19.0m @ 2.59g/t Au from 75.0m (RC24NPT132);
 2.0m @ 15.09g/t Au from 15.0m (RC24FMF030);
 5.7m @ 4.50g/t Au from 99.0m (RCDD22NPT030);
 6.0m @ 3.90g/t Au from 96.0m (RC24FMF024);
 22.0m @ 1.03g/t Au from 105.0m (RC24NPT126);
 1.0m @ 21.00g/t Au from 8.0m (RC24HUR077); and
 6.0m @ 2.74g/t Au from 112.0m (RC24HUR083).

 

[brerwallabi]

Record quarterly production from the Cambodian mine

Emerald Resources NL (ASX: EMR) is pleased to announce record quarterly production,
which has exceeded gold production guidance at the 100% owned Okvau Gold Mine
in Cambodia (Okvau) with 31,888 ounces of gold produced during the Quarter. Several
improvements have been implemented during 2024 which has culminated in a step
change in process plant output, resulting in record gold production for the Quarter.
The continued strong production and financial performance at Okvau has also seen
cash and bullion increase to A$243 million (US$151 million) at the end of the Quarter.

 

[brerwallabi]

The gold company that can do no wrong, well at the moment.
Emerald sure is having a golden run.

The latest announcement increases reserves by 245koz

“The Okvau Gold Mine resource and reserve update continues to support the
Company’s view that resources will be replenished on an ongoing basis. This
update improves the certainty of access to the Okvau Gold Mine with the mine
design now allowing for two ramps for underground portal positions.
“In addition, the Okvau resource update has taken our global resources to over
3 million ounces of gold which includes our two development projects, the
100% owned Memot Gold Project in Cambodia and the 100% owned Dingo
Range Gold Project in Western Australia. These development projects along
with the strong cash flows generated from the Okvau Gold Mine underpin our
growth strategy of becoming a multi-mine, +300Kozs per annum gold producer”

An all time high of $4.51 in trading today,