Emerald Resources (ASX:EMR) updated the mineral resource of the Memot gold project in Cambodia, according to a Friday filing with the Australian bourse.
The project's resource stands at 19.5 million tonnes of material at 1.7 grams per tonne grade of gold for 1 million gold ounces, a 120% jump from the previous estimate in the same month last year, the filing said.
The company's shares fell past 3% in recent Friday trade.
Price (AUD): $3.70, Change: $-0.13, Percent Change: -3.27%
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