Update on Yataga Copper Project exploration work

Emu NL (ASX:EMU) has reported a significant increase in the world class copper potential at the Yataga Copper Project in Far North Queensland. Recent surface geochemical surveys have revealed multiple intra-pluton porphyry copper centres concentrated along a 'structural belt' near the surface. Dr. Gregg Morrison, a Queensland-based Geological Consultant with 45 years' experience, has been appointed as the Technical Advisor to the Project. The company's recent work has identified a combined area of 8km2 of copper-in-soil anomalism with significant potential for expansion. Emu NL is also conducting airborne electromagnetic and ground-based geophysics surveys to optimize a low-risk drilling program in the near future.

Executive Commentary on Yataga Copper Project

Emu NL's Non-Executive Chairman, Peter Thomas, expressed optimism about the project's potential, stating, 'Results from EMU's field work continue to provide encouragement that this project has the potential to be a global Tier 1 scale copper discovery. EMU has undertaken a meticulous, methodical and measured exploration programme guided by the best available expertise. EMU is determined to do a professional job driven by fundamentals and first principles. We are absolutely delighted and honoured to have secured the services of Dr. Gregg Morrison, an expert in the style of mineralisation we are encountering at the Yataga Copper Project.'

Summary of Yataga Copper Project Update

Emu NL's recent exploration work at the Yataga Copper Project has revealed a significant increase in the world class copper potential. The identification of multiple intra-pluton porphyry copper centres near the surface has provided substantial encouragement for the project's prospects. The appointment of Dr. Gregg Morrison as the Technical Advisor adds significant value to the developing discovery. The company's focus on establishing sound compelling drill vectors and the ongoing geochemistry and geophysics survey results are expected to lead to a well-defined drilling program. Emu NL is determined to unlock the potential large-scale economics of the project and is preparing for an appropriate drilling program once a higher level of confidence in targets can be achieved.