viewEmmerson Resources Ltd

Three rising stars outline plans at Proactive’s gold webinar as the metal price rockets toward US$2000

Gold jumped more than 1% to a fresh record high of US$1,966.76 per ounce today as investors rushed towards the safe-haven metal.

Emmerson Resources Ltd - Three rising stars outline plans at Proactive’s gold webinar as the metal price rockets toward US$2000
Gold explorers and miners are outperforming the broader market

Gold exploration companies Emmerson Resources Ltd (ASX:ERM), Predictive Discovery Ltd (ASX:PDI) and Matador Mining Ltd (ASX:MZZ) discussed their plans and strategies at Proactive’s gold webinar held today.

Emmerson’s managing director Rob Bills talked about advancing the company’s NSW projects to the next phase while building momentum for its emerging gold royalty business at Tennant Creek.

Bills said the company’s exploration programs are advancing towards drilling in NSW with the company looking to grow its revenue stream from small mines.

Matador Mining is set to begin a 12,000-metre drilling campaign at the Cape Ray Gold Project in Newfoundland, Canada, targeting resource expansion and priority prospects.

Adam Kiley, Corporate Development, outlined the company's exploration strategy to explore multiple brownfield and greenfield targets parallelly.

Matador is well funded for its 2020-21 exploration programs and Kiley said the company is undervalued to peers due to its comparatively lower enterprise value per resource ounce.

Predictive Discovery Ltd’s (ASX:PDI) accelerated exploration at its West African gold projects in Guinea and Cote d'Ivoire is underway with its 50,000 metre drilling program attracting plenty of attention.

Managing director Paul Roberts talked about the ‘largest single-day jump for any stock in any sector in three years’ referring to Predictive’s share price surge from 0.5 cents at closing on April 14, 2020 to 6.3 cents on April 15, 2020.

Quick facts: Emmerson Resources Ltd

Price: 0.082 AUD

Market: ASX
Market Cap: $39.59 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Emmerson Resources Ltd named herein, including the promotion by the Company of Emmerson Resources Ltd in any Content on the Site, the Company...


Mandalay Resources latest drilling shows impressive results from Youle...

Mandalay Resources (TSE: MND-OTCQB: MNDJF) President and CEO Dominic Duffy joined Steve Darling from Proactive with news the company has seen some very strong numbers from the latest drill results on the Youle Deposit at their Costerfield Project. Duffy telling Proactive the numbers returned...

1 day, 18 hours ago

2 min read