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'discussions' are one thing
the swearing and purposefully bypassing the bad language filters + the threats...that was too much
I'm not sure who got the posts removed, but I thank you kindly!! That conversation wasn't fun for me, but he is the worst I've met. Starts with name calling instead of being positive, passive threats it's just daily for me. I await the day I come on, to not a single out of left field insult directed to me. And crack on listening to progress
Sorry jwas, it wasn't my intention today. I wanted to read positive comments too, it's just everyday it's just insults thrown my way and it's not helping people like yourself. I do try mate
It does feel like we are potentially going to see some explosive assay results. Empire have never been so active on socials, and this RNS feels like a chess move.
Not long to wait I suppose before some of the reveals start to arrive. All i keep reminding myself is the last major investor paid 11p a share and is probably sat quite relaxed... so being able to buy these here is hopefully goign to feel quite soon like a bit of a gift.
have to say when i saw an RNS, then read it, then popped on here and saw 30+ messages..... i hoped for some better chat.
would have been guessing a long time before i guessed i'd read some of whats been posted today.
Don't forget Silver too! Silver has an amazing looking potential upside.
GUYS, lets not get caught up in things said in the past!
We're all invested here, seemingly! Live and let live, I'm not ar53d. I was quite show a rock is a rock and sand is sand. That's been cleared up now and just simply lets love one another, man on man love and rewatch the below videos.
ITS ALL OURS, ALL OF IT!
WE HAVE MAY BUNNS WE HAVE ALL THE BUNNS IN OUR OVEN.
As the trades were at the full offer price 8p it was moved higher to 8.20p
But MMs are keeping the spread far too large at the moment, though the bid has been moved up also to 7.60p
Gold is booming as is copper
Empire on LinkedIn
https://www.linkedin.com/posts/noricum-gold-limited_bulls-jump-deeper-into-copper-amid-supply-activity-7186287286559363072-KOVV?utm_source=share&utm_medium=member_ios
ML
The market as a whole seems to like the fact that the ambiguity has been put to bed, the market controls the share price….!
There isn't anymore ambiguity, there never was, I dealt with genghis why you lot squirmed in the shadows liking posts, no thanks needed 👍
Now THEY CAN SHUT THE FRACK UP!
Another ambiguity cleared up and put to bed. It’s all coming together nicely at Empire.
Nice consolidation of the share price at these levels and a good springboard back to the highs and above earlier this year.
Titanium is a hugely valuable and sought after material and is used in many everyday items, also aerospace, rockets and defence, and Empire has plenty to sell.
I will continue to build my position here in readiness for the next few months of results and progress towards building a mine.
GLA
"· Although both Empire and Century have made it clear that the titanium mineralisation discovered at Pitfield, hosted within the bedded sedimentary bedrock, was not classified as Mineral Sands and thus formed part of the existing JV property, the consolidation of all minerals under the JV prevents other potential third parties in the future from exploring for other minerals and allows for the continued and unencumbered development of Pitfield.
· Under the amended agreement, Empire has secured a redefinition of rights at the Pitfield Project, to 70% of all minerals present regardless of their physical or chemical nature, for a consideration of A$250,000 (approximately £129,000). This investment is aimed at continuing to create value for all shareholders.
Great to have some clarity and hopefully soon we’ll get the DD and RC results which will only help build more certainty
Always said it was ok
Lovely
ALL minerals discovered at Pitfield will be owned by the JV in which Empire, as the 70% majority owner, acts as manager and operator. This not only simplifies the ownership structure it also removes any perceived ambiguity in relation to distinguishing the difference between bedrock hosted titanium minerals and surface mineral sands.
So, all is now clear.
It does vindicate those expressing doubts previously tho.
Empire Metals Limited / LON: EEE / Sector: Natural Resources
17 April 2024
Empire Metals Limited
("Empire" or "the Company")
Pitfield Project Joint Venture Agreement to Include All Minerals
Empire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, is pleased to announce that the terms of the Joint Venture Agreement ('JV') covering the Pitfield Project in Western Australia ('Pitfield' or the 'Project') have been amended to include all minerals discovered within the Project tenements.
Under the revised terms of the 70% Empire and 30% Century Minerals Pty Ltd ('Century') JV, there are no exemptions or other separate mineral rights applying to Pitfield. The consolidation of all minerals under the one JV simplifies the ownership structure and eliminates the potential for multiple parties to be working on the same ground, exploring for different commodities and allows for the continued rapid development of Pitfield.
Highlights
· Under the original terms of the Sale and Purchase Agreement (dated 6th April 2022) Century retained 100% of the rights to Mineral Sands and the JV retained 100% of all mineral rights to any and all bedrock mineral deposits, inclusive of titanium minerals.
· Although both Empire and Century have made it clear that the titanium mineralisation discovered at Pitfield, hosted within the bedded sedimentary bedrock, was not classified as Mineral Sands and thus formed part of the existing JV property, the consolidation of all minerals under the JV prevents other potential third parties in the future from exploring for other minerals and allows for the continued and unencumbered development of Pitfield.
· Under the amended agreement, Empire has secured a redefinition of rights at the Pitfield Project, to 70% of all minerals present regardless of their physical or chemical nature, for a consideration of A$250,000 (approximately £129,000). This investment is aimed at continuing to create value for all shareholders.
· The consideration will be funded from existing cash reserves and will not impact the Company's strong financial position and fully funded work programmes.
Ed Baltis, Century Director and Major Shareholder, said: "We always held the view that Pitfield had the potential of becoming a world class mining project and we are delighted with the progress that is being made towards that goal under the stewardship of Empire Metals. The fact that the titanium-rich mineral system discovered at Pitfield is not a mineral sands deposit was never in question, and both Empire and Century have worked together to first explore the extent of this extraordinary mineral system and then to identify geological controls that define the higher grades. The consolidation of all minerals under the JV was a logical and strategically important next step, one that supports Empire and allows them to focus on unlocking the inherent value of this huge titanium-rich
Interesting,the words third parties to explore,other metals, copper? as we are busy with titanite.?
Very good news, all doubts and concerns eliminated about the mineral sands issue.
It appears Australia really are focussed on self-reliance for critical minerals with a $4b investment via the Critical Minerals Facility supporting projects in Western Australia, South Australia, the Northern Territory and Queensland.
Resources Minister Madeleine King said Australia’s critical minerals and rare earths were “key to building renewable technologies such as solar panels, batteries and wind farms, as well as defence and medical technologies”.
It was announced last week that plans for a Future Made in Australia Act, which would be a series of loans, grants, subsidies, tax breaks and other investment incentives to lure capital to Australia, or stop it from leaving, to bolster clean energy and advanced manufacturing.
The critical-minerals strategy is a key element of the act, and it includes a national security element in that Australia and its allies need to ease dependence on China for supply.
https://amp.abc.net.au/article/103732110
Australias critical Minerals List:
https://www.industry.gov.au/sites/default/files/2023-06/critical-minerals-strategy-2023-2030.pdf
Given we now have a direct link with the CSIRO it’s conceivable to think that over the next 18 months we may well also be the recipients of direct support ( maybe the processing plant?). Who knows but it’s a strong vote of confidence for the mining industry.
ML
Cheers Manlord, I think this is going to fly tomorrow news or no news. GLA
At the risk of sounding stupid is that a percentage chart of minerals left hand side? 23.66% to be exact? Quartz and iron (fe oxide) taking up 44% naturally.
Https://www.linkedin.com/posts/automatedmineralogyincubator_mineralogical-automatedmineralogy-tima-activity-7184405482344787968-Oi6m?utm_source=share&utm_medium=member_ios
In case the link doesn’t post correctly here is the text. Empire reposted this from the company.
“AMI were delighted to help Empire Metals Ltd with the #mineralogical characterisation of its Pitfield Titanium project. The #automatedmineralogy work we conducted using the TESCAN TIMA identified titanite as a main titanium mineral with distinct sedimentary controls on the mineralisation. The #TIMA image shows the sedimentary layering with enhanced titanium and calcium in selected layers correlating to titanite mineralisation shown in the top right image.
Great work performed by Victor Mota e Nogueira
We wish Empire the best of luck with this exciting project!
If you would like assistance optimising and understanding your exploration #geology or #processmetallurgy project, please contact us”
Read their press release at https://bit.ly/4axvW6
ML