Emu (ASX: EMU) reports high quality gold on Bajda – The Market Herald

• Emu (EMU) reports high-quality gold interceptions from its Badja project near Jalga in Western Australia
• The results are the result of a third-stage drilling campaign that recently completed reverse circulation and air drilling
• Analysis confirms continuity of high-quality gold in the ore deepening zone to the north at the Gnaws Nest mine
• Further samples are currently being processed and results will be obtained within the next ten weeks
• Shares traded 13.3 percent higher at 1.7 cents each

Emu (EMU) has reported high-quality gold interceptions from the Badja project near Jalga in Western Australia.

The results are the result of the company’s third phase of drilling, which completed reverse circulation and air drilling.

The best result was achieved from the Gnaws Nest mine: one hole recorded seven meters at 10.12 grams per tonne (g / t) from 131 meters, including one meter at 40.38 g / t from 131 meters.

The analysis confirms the continuity of high-quality gold in the ore deepening zone to the north within the mine.

Another significant result was from Flying Emu Avenue: nine meters at 3.44 g / t of gold from 39 meters, including two meters at 10.14 g / t of gold from 39 meters.

Further samples are currently being processed and results will be obtained within the next ten weeks.

At the close of the market, the shares traded at 6.67 percent to 1.6 cents each.