
October 08, 2024
Eastern Metals (ASX:EMS) is a base and precious metals explorer with a high-quality asset portfolio in some of Australia’s resource-rich mineral provinces. The company holds two projects: the Arunta Project in the Northern Territory (NT), and the Cobar Project in the Cobar Basin of New South Wales (NSW), a world-class mineral jurisdiction.
Eastern Metals is exploring the advanced Home of Bullion deposit in the NT, which hosts a resource of 3.1 million metric tons @ 2.9 percent copper-equivalent – and the Browns Reef zinc-lead-copper-silver deposit in the Cobar Basin of NSW, a world-class mineral jurisdiction.
The Arunta Project is located in the Northern Territory encompassing a land package of 539 sq km, and is strategically located between the Stuart Highway, the Adelaide-Darwin rail corridor, and the Amadeus gas pipeline, east of Barrow Creek in the NT. The northern project area comprises one deposit and two prospects – Home of Bullion, Mulbangas and Prospect D.
Company Highlights
- Eastern Metals is an ASX-listed exploration company focused on discovering and developing strategically located base and precious metals projects in New South Wales (Cobar Project) and the Northern Territory (Arunta Project).
- Eastern Metals’ flagship assets are the Home of Bullion deposit in the Northern Territory (NT), which hosts a total Identified Mineral Resource of 3.1 million metric tons @ 2.9% copper equivalent – and the Browns Reef zinc-silver-lead-copper-gold deposit in the world-class Cobar Basin, New South Wales (NSW).
- Both Home of Bullion and Browns Reef are strategically located, with ready access to road, rail and energy infrastructure.
- The world-class Cobar Basin in NSW is enjoying a resurgence courtesy of some new discoveries and Metal Acquisition’s (NYSE:MTAL,ASX:MAC) purchase of the CSA Mine in June 2023.
This Eastern Metals profile is part of a paid investor education campaign.*
Click here to connect with Eastern Metals (ASX:EMS) to receive an Investor Presentation
EMS:AU
The Conversation (0)
07 October 2024
Eastern Metals
Exploring for strategic metals vital to energy security in Australian, resource-rich provinces
31 January
Quarterly Activities and Cash Flow Reports 31 December 2024
Eastern Metals (EMS:AU) has announced Quarterly Activities and Cash Flow Reports 31 December 2024Download the PDF here. Keep Reading...
10 October
Silver Storm Secures US$7 Million Samsung Financing to Restart Mexican Silver Mine
Canadian miner Silver Storm Mining (TSXV:SVRS,OTCQB:SVRSF) has signed a US$7 million offtake prepayment deal with Samsung Construction and Trading (HKEX:028260) and two of its subsidiaries to help restart production at its La Parrilla silver mine complex in Durango, Mexico.Under the agreement... Keep Reading...
09 October
Silver Price Surges Past US$51, Hits New Record
The silver price kept surging on Thursday (October 9), breaking US$51 per ounce. The white metal has never risen past US$51, and has only traded at the US$50 level twice in the past — once in 2011, and once in 1980, when the Hunt brothers attempted to corner the market.Don't forget to follow us... Keep Reading...
09 October
What Was the Highest Price for Silver?
Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset. Although it continues to exhibit its hallmark volatility, many silver investors believe that a bull market is starting up for the precious metal. Experts are optimistic about the future, and as the... Keep Reading...
08 October
Silver's New Price Era: What Happens at US$50 and Beyond?
The price of silver is rallying close to its record high, up 62 percent since the start of the year as of October 8.The silver all-time high was US$49.95 per ounce, which it achieved on January 17, 1980. Now less than a dollar shy of that target, trading at the US$49.50 per ounce level, the... Keep Reading...
07 October
Ted Butler: Silver's Bull Run — Price Drivers, Stocks, What's Next
Precious metals analyst Ted Butler discusses silver's recent price run and what's next. "The idea that this bull market is over is a fallacy. I would exercise caution, because I believe we're due a correction. But I'm very happy with silver's performance so far year-to-date," he said. Butler... Keep Reading...
06 October
David Morgan: Silver's Rubicon Moment? US$50 in Sight, but Watch for Shakeout
David Morgan, publisher of the Morgan Report, shares his thoughts on silver as the white metal's price approaches US$50 per ounce. He believes silver may be approaching a "crossing the rubicon moment," but emphasized that its move comes amid a much broader transition in the financial system.... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00