CAPITAL MARKETS

Bonanza encouragement at Edna Beryl

JUST as the Edna Beryl mine was formally opened in the Northern Territory, Emmerson Resources has reported deep drilling that offers encouragement for the presence of the “bonanza” type gold deposit that historically made the Tennant Creek field’s name.

Michael Quinn
Bonanza encouragement at Edna Beryl

The drilling hit 15.6m (from 287.4m down the drill hole) of brecciated hematite-quartz-chlorite ironstone containing visible pyrite, chalcopyrite and possibly bismuthinite. The latter is seen as significant...

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