Emerald Resources NL (ASX:EMR) has announced substantial advancements in its gold exploration activities in Cambodia and Australia. The company has made significant progress in its Memot and Okvau Gold Projects in Cambodia, alongside the Dingo Range Gold Project in Western Australia. Recent drilling results have revealed promising high-grade mineralization, bolstering the company's exploration and resource growth potential.
Emerald Resources NL (ASX:EMR) has reported notable progress in its gold exploration efforts in Cambodia and Australia. In Cambodia, the Memot Gold Project's Stage 2 drilling program was completed, targeting resource extension and infill with high-grade results. The Okvau Gold Mine continues to deliver strong mineralization, achieving its production guidance. In Australia, exploration at the Dingo Range Gold Project has shown potential for multiple deposits. The company maintains a robust financial position with significant cash reserves and bullion holdings. Emerald Resources is committed to ESG practices, aiming for carbon-neutral operations in Cambodia, and is led by an experienced management team focused on sustainable growth and resource expansion.
The completion of the Stage 2 drilling program at Memot and the continued success at Okvau and Dingo Range demonstrate our commitment to expanding our resource base. Our results reflect the potential for significant resource growth, underpinned by high-grade intersections that reinforce our strategic focus on gold projects.