Eastern Metals Ltd. Stock Analysis EMS.AX

Eastern Metals Ltd. operates as a base and precious metals exploration company. The company is headquartered in Sydney, New South Wales. The company went IPO on 2021-10-25. The Company’s core focus is on the advanced Arunta Project is on the Home of Bullion, Mulbangas and Prospect D prospects, located within the Neutral Junction group. The Arunta Project, which is located in the Northern Territory, east of the Stuart Highway between Alice Springs and Tennant Creek near the township of Barrow Creek, comprises two groups of tenements, Neutral Junction in the north and Adnera Hill to the south. The Arunta Project landholding totals approximately 593 square kilometers. The Cobar Project is located 470 kilometers west of Sydney, near the town of Lake Cargelligo in New South Wales. The company includes the Company’s Browns Reef tenement (EL6321), as well as the Tara, Bothrooney and Black Range Exploration Licenses (EL9180, EL9136, and EL9565).