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.