Eastern Metals: Exploring for Strategic Metals Vital to Energy Security in Australia

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.

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