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Pin to quick picksEmpire Metals Share News (EEE)

Share Price Information for Empire Metals (EEE)

London Stock Exchange
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Share Price: 10.25
Bid: 10.00
Ask: 10.50
Change: 0.65 (6.77%)
Spread: 0.50 (5.00%)
Open: 9.60
High: 10.25
Low: 9.60
Prev. Close: 9.60
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Empire Metals announces potential titanium mineralisation at Pitfield

Tue, 29th Aug 2023 14:15

(Alliance News) - Empire Metals Ltd on Tuesday said results for an airborne gravity survey identified the potential for higher grade titanium mineralisation at the Pitfield project in Western Australia.

The London-based minerals explorer and developer said a "very dense" core was identified within the 40 kilometres long magnetics anomaly, which indicates "thick high-grade iron-titanium mineralised beds or large zones of hematitic iron oxides that may be associated with copper mineralisation," the company said.

A 1,500 diamond core drill programme is set to begin in September, Empire added.

Managing Director Shaun Bunn said: "There is clearly potential to discover even higher-grade mineralisation and/or zones of new economic minerals within this high-density core, and we are looking to expand our next reverse circulation drilling campaign to ensure we cover as much of these high-density targets as possible."

Shares in Empire Metals were up 0.9% at 5.35 pence each in London on Tuesday afternoon.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Empire Metals shares soar as review reveals Pitfield potential

(Alliance News) - Empire Metals Ltd shares surged on Tuesday, as the firm shared a very promising update on its Pitfield copper-gold project in Western Australia.

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21 Sep 2022 21:55

IN BRIEF: Empire Metals posts encouraging survey results

Empire Metals Ltd - London-based minerals explorer and developer - Says the airborne electro-magnetic survey at its Pitfield copper-gold project in Western Australia identified a suite of anomalous conductive features. Confirms that the Yandanooka Basin contains "geological features" that make it an attractive copper exploration target.

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14 Sep 2022 14:09

IN BRIEF: Empire Metals swings to loss on lack of disposal gain

Empire Metals Ltd - London-based minerals explorer and developer - Swings to a pretax loss of GBP588,808 for the six months to June 30, from a profit of GBP682,770 a year earlier, as a result of a gain of GBP1.8 million derived from the prior year's sale of Georgian Copper & Gold JSC.

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18 Aug 2022 12:07

Empire Metals identified 'significant structure' at Pitfield

(Sharecast News) - Resource explorer and developer Empire Metals announced the identification of a "significant structure" after an airborne magnetic survey in June at the Pitfield Copper-Gold Project in Western Australia.

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18 Aug 2022 10:48

Empire Metals rises on Pitfield airborne magnetic survey results

(Alliance News) - Empire Metals Ltd shares were lifted on Thursday, as new survey results pointed to the possibility of copper and magnetite at Pitfield in Western Australia.

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16 Aug 2022 17:33

IN BRIEF: Empire Metals reports intercepts from Eclipse-Ginalbie

Empire Metals Ltd - London-based minerals exploration and development in Australia - Following the reverse circulation drilling programme completed at the Eclipse-Gindalbie gold project in Australia, several holes have discovered significant intercepts at the Homeward Bound, Budd's Find and Bulletin targets.

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16 Aug 2022 15:06

Empire reports multiple significant intercepts from recent drilling

(Sharecast News) - Resources explorer and developer Empire Metals reported multiple "significant" intercepts from the reverse circulation drilling recently completed at the Eclipse-Gindalbie gold project on Tuesday, 55 kilometres north-east of Kalgoorlie in Western Australia.

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24 Jun 2022 12:22

Losses widen slightly as Empire Metals aggressively expands

(Sharecast News) - Empire Metals updated the market on its full year of operations on Friday, after it 'significantly expanded' its exploration footprint across "highly prospective" areas of its target jurisdiction in Australia, as its loss for the year widened slightly to £0£0.59m from £0.57m.

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24 Jun 2022 09:12

IN BRIEF: Empire Metals posts wider loss in 2021 as admin expenses up

Empire Metals Ltd - London-based minerals exploration and development in Australia - Reports wider loss in 2021 as administrative costs surge. Pretax loss worsens to GBP2.3 million from GBP953,769 in 2020. Administrative expenses increase to GBP1.9 million from GBP958,694. Part of administrative costs are fees of GBP438,059 paid in shares in 2021, compared to nothing in 2020, plus a share option expense of GBP473,336 in 2021, compared to GBP14,118 in 2020.

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22 Jun 2022 14:41

IN BRIEF: Empire Metals starts drilling at Eclipse-Gindalbie project

Empire Metals Ltd - minerals exploration and development in Australia - Starts reverse circulation drilling at the Eclipse-Gindalbie gold project in Western Australia. The campaign consists of over 3,290 metres of drilling across 26 drill holes to target high grade mineralisation.

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22 Jun 2022 13:14

Empire Metals starts new drilling at Eclipse-Gindalbie

(Sharecast News) - Empire Metals announced the start of its next campaign of reverse circulation (RC) drilling at the combined Eclipse-Gindalbie gold project in Western Australia on Wednesday.

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20 Jun 2022 13:26

Empire Metals starts exploration at Pitfield copper-gold project

(Sharecast News) - Empire Metals announced the start of exploration activities at the 615 square kilometre Pitfield copper-gold project on Monday, located in Western Australia.

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20 Jun 2022 11:03

IN BRIEF: Empire Metals commences exploration at Pitfield project

Empire Metals Ltd - minerals exploration and development in Australia - Commences exploration activities at the Pitfield copper-gold project in Western Australia, starting with an airborne electromagnetic survey and an airborne magnetic across the Pitfield tenement area.

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