Emmerson's Managing Director, Rob Bills commented: 'Hermitage is shaping up as one of our most exciting projects and continues to exhibit hallmarks of a significant gold-copper discovery.

New zones of mineralisation continue to be intersected with this latest drill hole intersecting visible gold, plus a new zone copper mineralisation below the fault that truncated the previous high-grade gold and copper in discovery drill hole HERCDD003. This new zone of copper mineralisation consists of bornite-chalcopyrite hosted by breccias and stockwork quartz veins - interpreted to be the feeder conduit to the overlying hematite-magnetite ironstones. The mineralisation is hosted in multiple, east-west striking structurally controlled, ironstone bodies that are steeply north plunging, and now with this intersection, are also open down plunge. Whilst the tabular to pipelike geometry of the mineralisation constrains the surface (horizontal) footprint as is typical in most of the Tennant Creek iron-oxide copper-gold deposits, the grade and plunge extent are the main determinants of the future potential. Furthermore, there are now three distinct targets at Hermitage that include: shallow copper in the oxide zone; gold associated with massive hematite and, primary copper mineralisation below the fault hosted in breccias, stockwork veins and fractures. This has important exploration implications both at Hermitage in terms of further potential but also in the region where the stockwork and fracture-controlled chalcopyrite-bornite mineralisation represents a new target.'

Contact:

Rob Bills

Tel: +61 8 9381 7838

About Emmerson Resources, Tennant Creek and New South Wales

Emmerson has a commanding land position and is exploring the Tennant Creek Mineral Field (TCMF), one of Australia's highestgrade gold and copper fields that has produced over 5.5Moz of gold and 470,000t of copper from deposits including Warrego, White Devil, Orlando, Gecko, Chariot, and Golden Forty. These high-grade deposits are highly valuable exploration targets, and to date, Emmerson's discoveries include high-grade gold at Edna Beryl and Mauretania, plus copper-gold at Goanna and Monitor. These discoveries were found utilising new technology and concepts and are the first discoveries in the TCMF for over two decades

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Emmerson Resources Limited's anticipated future events, including future resources and exploration results, and other statements that are not historical facts. When used in this document, the words such as 'could, 'estimate', 'plan,' 'expect,' 'intend,' 'may', 'potential,' 'should,' and similar expressions are forward-looking statements. Although Emmerson believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks, assumptions, uncertainties, and other important factors, many of which are beyond the control of the Company, and which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change.

Forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, investors should not place undue reliance on forward-looking statements. The Company cautions investors against using this announcement solely as a basis for investment decisions without regard for this disclaimer.

(C) 2022 Electronic News Publishing, source ENP Newswire