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Share Price: 12.50

Bid: 12.20

Ask: 12.80

Change: 0.05 (0.41%)

Spread: 0.60 (4.918%)

Open: 12.25

High: 12.65

Low: 12.20

Prev. Close: 12.15

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IN BRIEF: Empire Metals reports intercepts from Eclipse-Ginalbie

Tue, 16th Aug 2022 17:33

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.

"These results are very encouraging having returned multiple significant intercepts which supports our hypothesis that the combined Eclipse-Gindalbie project has the potential to support a significant gold resource. In particular, the holes completed at the Homeward Bound shaft and Budd's Find open pit have provided important structural data on the direction of the gold mineralised veins which will advance our technical team's understanding of the structural model of the wider project area," says Managing Director Shaun Bunn.

Current stock price: 1.05 pence, down 6.4% in London.

12-month change: down 47%

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

3 Nov 2022 09:18

LONDON MARKET OPEN: BT results disappoint; pound falls on Fed outlook

(Alliance News) - Stock prices in London opened lower on Thursday, as the pound fell against a strengthening dollar, after the Federal Reserve indicated that US interest rates are likely to reach higher levels than previously thought.

25 Oct 2022 14:48

Empire Metals shares surge on Pitfield review

(Sharecast News) - Empire Metals announced the results of an expert review on the Pitfield Copper Project in Western Australia on Tuesday.

25 Oct 2022 10:44

AIM WINNERS & LOSERS: Scancell signs deal; Empire Metals seeks copper

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

25 Oct 2022 10:41

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.

25 Oct 2022 08:56

LONDON MARKET OPEN: HSBC drags FTSE 100 lower; sterling awaits Suank

(Alliance News) - London's FTSE 100 was struggling to find its footing on Tuesday morning, with HSBC sinking more than 5%, while local investors wait for the new UK prime minister to announce his Cabinet.

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.

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.

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.

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.

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.

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.

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.

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.

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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IN BRIEF: Empire Metals reports intercepts from Eclipse-Ginalbie

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