Empire Metals shares jumped 15% as the Aussie explorer confirmed titanium deposits stretch across the entirety of the anomaly at its Pitfield project in WA.
Pitfield was and still is seen as a huge copper prospect for Empire, so the titanium is just a bonus currently, though estimates are for it to rank among the largest deposits in the world.
Planning is underway for a second titanium drilling campaign, while work on samples already and analysis on geophysical data will be released in the next few weeks.
Empire adds that only 2% of the giant mineral system identified has been drilled to date.
Shares rose 0.25p to 1.85p.