Empire Metals Limited said drilling at the Central Menzies Gold Project in Western Australia indicated gold mineralised zones along the projected Menzies Shear Zone corridor, but only a few of the intercepts identified significant mineralisation extending into fresh rock.
“We will continue to evaluate the technical merits of the overall licence area with a plan to complete our evaluation of the Central Menzies Project in the period leading up to the Option expiry date, due late February 2022,” said Shaun Bunn, chief executive.
"We look forward to updating the market on the outcome of this review once available."
Empire has an option to acquire a 75% interest in the Central Menzies project.