Company
LON:EEE
Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂. With excellent logistics and established infrastructure, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.
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Empire Metals* (LON:EEE) 1.3p, Mkt Cap £4.4m – Consolidation of Mineralised Footprint Around Eclipse Project Empire Metals reports that it has agreed Heads of Terms to enter into a Tribute Agreement with Maher Mining Contractors, giving Emp
“This is an exciting opportunity, significantly expanding our exploration camp in the Gindalbie goldfields," said Empire managing director Shaun Bunn.
"A thorough and rigorous assessment of the data collected to date has been completed"
Exploration will be focused on the mineralised trend known as Nugget Patch
Further drilling is warranted along the western flank of the Nugget Patch trend and adjacent to the historical Teglio mine shaft
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Strategic Minerals* (LON:SML) 0.48p, Mkt Cap £9.1m – Annual results and project updates Yesterday afternoon Strategic Minerals reported improvements in both pre-tax and after-tax profits for the six months to 30th June 2021 with pre-tax pro
“Our Eclipse and Central Menzies projects have provided us with a foothold in one of the most productive gold regions globally," said Neil O'Brien.
There's likely to be plenty of newsflow in the coming months as the pace of work accelerates
"In considering how best to approach the next phase of exploration at the Eclipse gold project it has become apparent that we need to determine what controls the gold mineralisation," said managing director Shaun Bunn
Twenty-six holes are planned for a total of 2,140m targeting two prospects, Teglio and Nugget Patch
Empire Metals has significant exposure to gold exploration in Australia
Empire is dropping the open-pit strategy at the project near Kalgoorlie
More than 9,000 metres were drilled over the past year, which has confirmed there are several parallel veins
It marks the start of what the explorer describes as a substantial drilling campaign that comes with "a high degree of confidence"
Drilling results confirmed the presence of additional mineralised zones
Empire Metals has an option to buy a 75% interest in the four exploration licences
The new focus is principally within the Western Australian gold sector, where it has interests in the Eclipse and Central Menzies gold projects
The Central Menzies project is owned by Kalgoorlie prospector, Mel Dalla-Costa, who has been responsible for many significant discoveries in the Western Australia gold fields over the past 50 years
The company's main focus is on the high-grade Eclipse gold project in Western Australia which produced around 750 ounces of gold from the Eclipse shaft up until 1910
Empire Metals has hit the ground running with its exploration programmes on the recently acquired Eclipse project
