Evolution joins Emmerson at Tennant Creek

Perth company Emmerson Resources has entered into a joint venture agreement with Evolution Mining for the exploration of gold and copper deposits at the Tennant Creek mineral field.

Evolution will work with Emmerson to advance the expansion of the existing JORC resources identified by Emmerson at Tennant Creek and will drill test a number of high quality gold-copper targets aimed a rapid resumption of mineral production.

Under the agreement, Evolution will fund $15 million of exploration over three years for a 65 per cent interest in Tennant Creek.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/07/17

1 year TSR5 year TSR
209thEmmerson Resources29%-2%
279thBarra Resources12%33%
392ndArafura Resources-6%-16%
478thAustralis Oil & Gas-20%0%
532ndRubicon Resources-30%-9%
710 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$24k Issued
$24k Other
$24k Issued
Total value as at the date of the transaction
Source: Morningstar


111th↑Emmerson Resources$1.6m
128th-Australis Oil & Gas$1.1m
130th↓Arafura Resources$964k
132nd↑Barra Resources$892k
134th↑Rubicon Resources$874k
492 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Emmerson Resources

351stRob Bills$405k
749thTrevor Verran$199k
1227thAndrew McIlwain$76k
Ranked by total remuneration from all listed WA companies

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