Emerald Resources Continues to Intersect 'Significant' Gold Mineralization at Cambodia Mine in September Quarter; Shares Up 4%

MT Newswires Live11:04

Emerald Resources (ASX:EMR) continued to intersect "significant" gold mineralization at its Okvau Mine in Cambodia in the quarter ended Sept. 30, supporting the potential to extend the current open pit and underground resources, according to a Wednesday filing with the Australian bourse.

Drilling returned 20 meters at 15 grams per tonne grade of gold from 523 meters, including five meters at 46 g/t grade of gold from 527 meters, three meters at 9 g/t grade of gold from 389 meters, the filing said.

Meanwhile, drilling programs focused on resource infill, open pit extensions and underground development potential continued at the Dingo Range project in Western Australia, with results including 2.1 meters at 101 g/t grade of gold from 405 meters, per the filing.

Shares rose 4% in afternoon trade Wednesday.

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