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Emerald Resources NL Strengthens Hold on Bullseye
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Emerald Resources NL Strengthens Hold on Bullseye

Emerald Resources NL (AU:EMR) has released an update.

Emerald Resources NL has solidified its control over Bullseye Mining Limited, reaching a 92% shareholding after the withdrawal rights period ended without any objections. The company’s management team touts a strong track record, with the successful on-time and on-budget commissioning of the Okvau Gold Mine in 2021, and anticipates over 100,000 ounces of gold production for 2024. Emerald is also focused on expansion and exploration in Cambodia and Australia, positioning itself for significant growth in gold reserves.

For further insights into AU:EMR stock, check out TipRanks’ Stock Analysis page.

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