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Empire Metals starts exploration work on the Central Menzies gold project

Empire Metals has an option to buy a 75% interest in the four exploration licences

Empire Metals Ltd -

Empire Metals Ltd (LON:EEE) said it started exploration activities on the four exploration licences of the Central Menzies gold project in Western Australia.

The work included verifying historical drilling results and the acquisition of airborne geophysical survey data. 

"We have now commenced our exploration campaign for the Central Menzies gold project and are currently compiling a robust geological database, utilising both historical reports and the results from the recent RC drilling programme carried out by the owner of the tenements, Mel Dalla-Costa,” said managing director Shaun Bunn.

“In addition, we have also been able to purchase recent aeromagnetic and radiometric survey data from Kingwest Resources Ltd, our immediate northern neighbour, which will greatly assist us in building a detailed geophysical map of our licence area and help fast track our proposed drilling campaign.”

Last month, Empire Metals announced that it has an option to buy a 75% interest in the four exploration licences.

READ: Empire Metals acquires option to buy majority stake in the Central Menzies gold project

Quick facts: Empire Metals Ltd

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AIM:EEE

Price: 1.661 GBX

Market Cap: £5.59 m

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Empire Metals' new Managing Director Shaun Bunn presents Central Menzies...

Empire Metals Limited's (LON:EEE) new managing director Shaun Bunn joins Proactive London to discuss an option to buy a majority stake in the Central Menzies gold project. This 75% interest in four exploration licences comprise the Central Menzies Gold project. Empire paid A$250,000 in cash...

on 20/5/21

2 min read