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EMU NL

Emu NL (ASX: EMU) is a highly active Australian resource exploration company focused on new discoveries which have the potential to add significant value to investors and shareholders.

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INVESTORS

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Emu hits deep quartz veins at Gnows Nest in WA

Emu hits deep quartz veins at Gnows Nest in WA

ASX listed Emu NL has ramped up drilling at its lode-gold style Gnows Nest project in WA with a 6,500m reverse circulation program that has already intersected quartz veining at depths between 120m and 190m downhole. Drill testing is ongoing at the historic Gnows Nest...

ASX Announcements

Date PublishedSubjectLink
September 3, 2021Main Vein at Gnows Nest Intersected at Depthview
August 27, 2021Notification of cessation of securities – EMUview
August 24, 2021Notification of Expiry of Unlisted Optionsview
August 23, 2021EMU recommences drilling at Gnows Nest Project Yalgoo WAview
July 30, 2021Quarterly Activities/Appendix 5B Cash Flow Reportview
July 20, 2021Letter to Shareholdersview
June 15, 2021Completion of Gnows Nest Acquisitionview

Reports

Presentations

Latest Tweets

Emu hits deep quartz veins at Gnows Nest in WA
https://thewest.com.au/business/public-companies/emu-hits-deep-quartz-veins-at-gnows-nest-in-wa-c-3863408

Emu back on the bit at WA gold discovery
https://thewest.com.au/business/public-companies/emu-back-on-the-bit-at-wa-gold-discovery-c-3758976?utm_source=sendgrid&utm_medium=email&utm_campaign=west-news_newsletter_2021-8-24&utm_source=sendgrid&utm_medium=email&utm_campaign=sendgrid+wan_newsletter

EMU recommences drilling at Gnows Nest Project Yalgoo WA http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02410183

Drilling to commence this week at Gnows Nest Yalgoo.
A busy day at EMU today. XRF and NIR analysis of many samples! #goldexploration #explorationandproduction #mineralexploration

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ISSUED SECURITIES

Fully Paid Ordinary Shares (ASX:EMU)

456,514,484 fully paid ordinary shares

Partly-Paid Contributing Shares (ASX:EMUCA)

40,485,069 partly-paid ordinary shares, paid to $0.03, $0.03 yet to be paid, no call to be made before 31.12.2023

Performance Rights

48,571,429 performance rights which will vest and convert into 48,571,429 fully paid ordinary shares upon EMU announcing (in relation to the Gnows Nest project by 22 September 2025) either (i) a JORC Indicated Resource which includes at least 50,000oz Au grading >3.5g/t Au or (ii) a JORC Reserve of at least 34,000oz Au (excluding the current resource inventory)

 Options to acquire fully paid ordinary shares (Unquoted)

38,125,953 options exercisable at $0.15 each, expiry 23.8.2021

Options to acquire partly paid ordinary shares (Unquoted)

22,000,000 options exercisable at $0.03 each, expiry 21.12.2021

 

 

PROJECTS

Emu NL (ASX: EMU) is a highly active Australian resource exploration company focused on new discoveries which have the potential to add significant value to investors and shareholders.

In September 2020, following an extensive project generation phase and due diligence, EMU acquired “Gnow’s Nest”, a near production gold project which includes the historic high grade Gnows Nest Gold Mine, near Yalgoo in the Murchison Region of Western Australia. The project is situated 27 kms north west of the Scuttles Golden Grove mine, a base metals and gold project that has been operating for 30 years.

On 25 November 2020 EMU updated the market with news of a strategic acquisition of the Monte Cristo Gold Prospect and adjoining tenements providing EMU with access to a further 3km of strike from the Gnows Nest Gold Mine.

Emu also acquired 3 exploration projects in Southwest Western Australia.  The package of projects which include Sunfire,Viper and Graceland have a strong history of lead up exploration or historical mine workings and are highly prospective for Copper, Nickel, PGE’s and Gold.

OUR BOARD

Peter Thomas
Non-Executive Chairman

Mr Thomas is a high energy, pragmatic corporate engineer with astute commercial acumen and business expertise.

Terry Streeter
Non-Executive Director

Mr Streeter has extensive experience in funding, listing and overseeing junior explorers in all exploration and economic cycles and has served in various roles in the nickel sulphide industry for over 30 years.

Gavin Rutherford
Non-Executive Director

Following a successful background in Agribusiness on both domestic and international stages, Mr Rutherford has spent over 20 years in the Mining Services / Fabrication / Contracting sector. 

Tim Staermose
Non-Executive Director

Tim Staermose has 23 years’ equity capital markets and equity research experience. He worked at international sell-side equity brokerage firms in South Korea and Hong Kong.  He also serves as Chief Investment Strategist for “sovereignman.com”.


10 Walker Avenue West Perth Western Australia

Phone +61 (08) 9226 4266 |  ABN 50 127 291 927