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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: 7.00
Bid: 6.80
Ask: 7.20
Change: 0.05 (0.72%)
Spread: 0.40 (5.882%)
Open: 6.95
High: 7.05
Low: 6.70
Prev. Close: 6.95
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IN BRIEF: Empire Metals begins next phase of works at Eclipse project

Tue, 27th Apr 2021 11:18

Empire Metals Ltd - London-based resource exploration and development company - Confirms next phase of works at Eclipse gold project, located 55 kilometres north-east of Kalgoorlie, Western Australia, has begun. Resource drilling at the Eclipse mine target will involve 200 metres of diamond drilling in three holes to duplicate recent reverse circulation drillholes. Expansion drilling at the new Jack's Dream discovery will involve 1,700 metres of reverse circulation drilling in 17 holes, focused on infill drilling adjacent to wide intersections of mineralisation and high-grade intercepts north-west of the Eclipse shaft.

"This next phase of drilling around the Jack's Dream old workings will be especially interesting to see if we can extend the wide near-surface mineralised intercepts we reported previously. There is potential for this to become a satellite to the Eclipse mine target, expanding the resources and open pit mining opportunity," says Director Mike Struthers.

Current stock price: 2.47 pence, down 1.0% on Tuesday morning

Year-to-date change: down 35%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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