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Emmerson, Ivanhoe approve $7m program

29-June-09 by Rebecca Lawson

West Leederville-based Emmerson Resources and Robert Friedland's Ivanhoe Australia have approved a $7 million exploration program for the remainder of this calendar year.

The approval forms part of Ivanhoe's $18 million farm-in obligation to Emmerson over the Tennant Creek tenements in the Northern Territory, to earn a 51 per cent interest over three years.

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