Emmerson Expands Drilling at White Devil Ahead of Key Resource Estimate
Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.
- RC drilling recommenced and expanded to 10 holes at White Devil
- Initial JORC 2012 Mineral Resource Estimate expected late January 2025
- Further resource update planned after full assay results by March 2025
- December 2024 drilling assays anticipated from late January to mid-February
- White Devil project located in high-grade Tennant Creek gold-copper district
Drilling Resumes and Expands at White Devil
Emmerson Resources Limited (ASX: ERM) has announced the recommencement and expansion of its reverse circulation (RC) drilling program at the White Devil Gold Project, situated in the prolific Tennant Creek mineral field of the Northern Territory. Following the completion of 31 holes in late 2024, the company has extended the program to include a total of 10 additional holes targeting the shallow eastern extension of the deposit, reflecting increased confidence in the area’s potential.
The expanded drilling aims to provide a comprehensive 20m by 20m coverage over approximately 240 metres of strike extension, with a further 40m by 20m coverage planned for an additional 80 metres. This methodical approach underscores Emmerson’s commitment to delineating the resource with precision and enhancing the geological understanding of the deposit’s eastern limits.
Impending Resource Estimates and Assay Results
Parallel to drilling activities, Emmerson is finalising its initial JORC 2012 Mineral Resource Estimate (MRE) for White Devil, based on drilling data collected prior to 2024. This initial estimate, expected by late January 2025, notably excludes the newly targeted eastern extension. A subsequent update to the MRE is anticipated once all assay results from the current and expanded drilling programs are received and incorporated, likely before the end of March 2025.
Assay results from the December 2024 drilling phase are expected to be released progressively from late January through mid-February, with results from the ongoing program anticipated in late February to early March. These results will be critical in validating the resource potential of the eastern extension and could materially impact the overall resource base.
Strategic Position in Tennant Creek’s High-Grade Gold-Copper Belt
White Devil is part of Emmerson’s extensive landholding in the Tennant Creek Mineral Field, a region renowned for its high-grade gold and copper deposits that have historically produced over 5.5 million ounces of gold and 470,000 tonnes of copper. Emmerson’s portfolio includes other significant deposits such as Chariot and Golden Forty, with recent discoveries at Edna Beryl and Mauretania highlighting the company’s successful application of innovative exploration technologies.
The renewed drilling and forthcoming resource updates at White Devil come at a time of heightened exploration interest in Tennant Creek, with both major and junior explorers actively seeking to capitalize on the district’s rich mineral endowment. Emmerson’s strategic ~1,800 square kilometre tenure positions it well to leverage this momentum.
Looking Ahead
As Emmerson advances its drilling and resource definition at White Devil, investors and analysts will be watching closely for assay results and the updated resource estimates. These milestones will provide clearer insights into the deposit’s scale and grade, informing the project’s development potential and Emmerson’s broader growth trajectory in the Tennant Creek region.
Bottom Line?
White Devil’s evolving resource profile could be a pivotal catalyst for Emmerson’s next growth phase.
Questions in the middle?
- How will the assay results from the eastern extension impact the overall resource grade and size?
- What are the timelines and plans for advancing White Devil beyond resource definition to development?
- How does White Devil’s updated resource compare with other deposits in Emmerson’s Tennant Creek portfolio?