Highlights

  • Dingo Range Gold Project total resource now 40.9Mt at 1.1g/t Au for 1.41Moz.
  • Higher-grade portion totals 24.2Mt at 1.4g/t Au for 1.12Moz, open at depth.
  • Drilling continues at Boundary Prospect, targeting underground extensions with results pending.

Emerald Resources (ASX:EMR) has released an updated Mineral Resource Estimate (MRE) for its 100% owned Dingo Range Gold Project in Western Australia. The total Measured, Indicated, and Inferred Mineral Resource now stands at 40.9Mt at 1.1g/t Au for 1.41Moz above a 0.45g/t Au cut-off. The higher-grade component, reported above a 0.7g/t Au cut-off, totals 24.2Mt at 1.4g/t Au for 1.12Moz.

The updated MRE incorporates drilling completed since July 2025 across the Boundary and Neptune Prospects. A total of 21,783m of drilling was completed, including RC, diamond, and RC-diamond tail combinations. Infill drilling patterns ranged from 12.5m x 25m to 10m x 10m to improve grade confidence and support grade control modelling.

Significant Drilling Results
Key intercepts contributing to the updated MRE include:

  • 109.8m @ 1.30g/t Au from 432.2m including 29.23m @ 1.46g/t Au from 479.77m.
  • 8m @ 16.24g/t Au from 336m.

These results extend known mineralisation both along strike and at depth, suggesting further expansion potential remains.

Potential Extraction and Metallurgy
Open pit optimisation for resource reporting used a gold price of AUD6,000/oz. Metallurgical test work shows the ore is amenable to conventional processing, with gravity recoveries up to 80% and total recoveries exceeding 90% at 150-micron grind sizes.

Project Status and Outlook
The resource remains open at depth and along strike. Drilling programs are expected to continue throughout 2026, focusing on underground extensions at Boundary and open pit expansions across other parts of the project. The project has regulatory approvals in place, including a Mining Proposal, Mine Closure Plan, and Clearing Permit. Project Works Approval is expected in Q1 2026, supporting the commencement of full development activities.

The updated resource positions Dingo Range as a significant gold asset in Western Australia, with opportunities to increase ounces through continued drilling and resource definition.

Share perfromacne
EMR traded at AUD 7.86, UP 2.54% today at the time of writing.