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 31/10/17

1 year TSR5 year TSR
65thMagnetic Resources199%27%
84thAuroch Minerals139%-10%
137thBMG Resources73%-19%
568thIndiana Resources-23%-11%
718thEmmerson Resources-50%-7%
726 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


180th↑BMG Resources$264k
181st↑Magnetic Resources$258k
182nd↓Emmerson Resources$257k
183rd↑Auroch Minerals$255k
184th↓Indiana Resources$248k
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Emmerson Resources

342ndRob Bills$405k
726thTrevor Verran$199k
1187thAndrew McIlwain$76k
Ranked by total remuneration from all listed WA companies

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