PRECIOUS METALS

Trio typify Oz gold recovery

Australia’s gold sector has been through a striking regenerative phase in the past 18 months and Emmerson Resources (the explorer), Gascoyne Resources (the developer) and Alkane Resources (the producer) are emblematic of the renaissance.

Richard Roberts
Trio typify Oz gold recovery

The three companies operate in disparate parts of the country and are at different stages of their corporate development, but they have more than their commodity focus and quality management teams in common. Each is in a strong financial position, they have excellent growth prospects, and the companies have dominant landholdings in proven mining districts.

And the timing of an indepth examination of their progress and prospects – via an exclusive Australia Gold Investor series webcast this week – couldn’t be better with Gascoyne’s newly-completed successful A$15 million equity raising to progress the Dalgaranga gold project in Western Australia; Emmerson’s new drilling at Tennant Creek in the Northern Territory about to start; and Alkane advancing its underground mining and operating-life extension plans at Tomingley in New South Wales.

Emmerson, which has a current market capitalisation of about A$18.5 million, Alkane ($89 million), and Gascoyne ($130 million) present diverse gold-sector exposure and entry points for investors.

Key insights into their exploration and development strategies and how these are being implemented in the months ahead, value uplift potential and risks, peer comparisons, and the important differentiators in their investment propositions, all go under the microscope in this week’s webinar involving Alkane managing director Ian Chalmers, Gascoyne Resources boss Mike Dunbar, and Emmerson Resources chief Rob Bills.

To register for the free webcast, go to http://view6.workcast.net/register?cpak=3296841740091657

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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