Market & Company News
Source – SMW
Emmerson said it had defined a significant exploration target at its Khemisset potash project in Northern Morocco.
The target covered an area of approximately 87 square kilometers and ranged from 264-616m tonnes.
The upper end of the scale was more than double the current JORC inferred mineral resource of 311.4m tonnes at 10.2% K2O, and indicated the significant upside within the projected area, the company said.
Drilling targeting confirmation of potash thickness and grade was scheduled to start in the second half of 2019.
At 2:30pm: (LON:EML) Emmerson Plc share price was -0.2p at 2.95p
