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gold investing

eMetals Limited: Resource Project Development in Western Australia

Written by Kevin Vanstone
|
Jan. 23, 2020 09:45AM PST

eMetals Limited (ASX:EMT) has launched its campaign on the Investing News Network’s resource channel.

eMetals Limited (ASX:EMT) has launched its campaign on the Investing News Network’s resource channel.

eMetals Limited is a resource exploration and development company working to advance a trio of projects in the premier mining district of Western Australia. The company is currently developing projects that are highly prospective for tungsten, lithium and gold. In pursuit of these opportunities, eMetals is planning drill programs at both the Nardoo Well tungsten-lithium project in the Gascoyne region and the Cookes Creek tungsten project adjoining Tungsten Mining’s (ASX:TGN) Big Hill Deposit in the East Pilbara region.

eMetals Limited is also planning exploration work at the company’s Twin Hills gold project, located in the Eastern Goldfields of Australia, one of the world’s most prolific gold-producing nations. In addition to its current operations, eMetals Limited has entered into a partnership with Gecko Metals Sdn Bhd to identify and evaluate additional resource targets in Malaysia.

eMetals Limited’s company highlights include the following:

  • Owns a portfolio of projects in Western Australia, ranked the world’s second most attractive mining district by the 2018 Fraser Institute Annual Survey of Mining Companies.
  • Focus on tungsten, a strategic metal experiencing a looming supply deficit.
  • Highly prospective tungsten assets with high grades and walk-up drill targets.
  • Twin Hills gold project hosts historical intersections along strike of a high-grade gold mine.
  • Anticipated steady news flow with drilling at Nardoo Well and Cookes Creek tungsten projects slated for H1 2020; proposed exploration work at Twin Hills gold project in H2 2020.
  • Partnership with Gecko Metals Sdn Bhd to build out a portfolio with quality iron ore, manganese and tin exploration projects in Malaysia.
  • Highly experienced board to maximize the value of its assets.
  • Tight capital structure: HSBC Custody Nominees Ltd 15.51 percent; GWR Group Limited 10.16 percent; Great Southern Flour Mills Pty Ltd1 9.26 percent; Citicorp Nominees PL 7.20 percent.

Click here to connect with eMetals Limited (ASX:EMT) and to request an investor presentation.

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