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Elevado Project in the Maricunga gold belt, Chile.

Emu holds about 136km2 which is comprised of the Vidalita, Vidalota, Arroyo Ancho and Jotahues concession areas. Elevado contains prospects including the Vidalita, Alunita, Northeast Plains, North Plains, Peon, Jotahues and Arroyo Ancho.

Emu made an initial discovery at the Vidalita prospect of 24m at 5.0 g/t gold and 28 g/t silver from 20m within a wider intercept of 48m at 2.8 g/t gold & 19 g/t silver from 16m in March 2019. Emu plans to further explore this area as well as other prospects at Elevado.

Emu negotiated a three-year extension to its option to acquire the Vidalita concessions to allow the Company to undertake further exploration activities before determining to buy the Vidalita concessions or relinquish control of them

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