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Emerald Resources NL (ASX:EMR)

ALERT: Price-sensitive ASX Announcement for EMR
Current share price for EMR : $5.510 -2.16 (-28.16%)+
Announcement
Release
28 Jan 2026 9:04AM
Price at Release
$7.670
Full Release
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Summary
Emerald Resources NL has reported a significant update to the Mineral Resource Estimate for the Dingo Range Gold Project in Western Australia. As of January 2026, the project boasts a Measured, Indicated, and Inferred Mineral Resource of 40.9 million tonnes at a grade of 1.1 grams per tonne of gold, totaling 1.41 million ounces. The resource includes a higher-grade portion of 24.2 million tonnes at 1.4 grams per tonne for 1.12 million ounces. The company has conducted extensive drilling, with 2,485 drill collars totaling over 248,000 meters, confirming the continuity of mineralization along depth and strike. The update aims to support the project's development into a standalone mining and processing operation. The announcement highlights the potential for further exploration and resource growth, with a planned aggressive exploration program for 2026.
Key Points
  • Emerald Resources NL announces a Dingo Range Gold Project resource update with 40.9Mt at 1.1g/t Au.
  • The project includes a higher-grade portion of 24.2Mt at 1.4g/t Au.
  • Extensive drilling has confirmed mineralization continuity.
  • A standalone mining and processing operation is planned.
  • Further exploration and resource growth are anticipated in 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.