The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Empire Metals hails kaolin mineralisation at Eclipse-Gindalbie project

Mon, 27th Feb 2023 19:07

(Alliance News) - Empire Metals Ltd on Monday reported extensive kaolin mineralisation has been identified at the Eclipse-Gindalbie project in Western Australia.

The AIM-quoted resource exploration and development firm said seven holes were drilled for kaolin with three reporting significant white kaolin intercepts.

Of the two holes drilled for gold mineralisation, one reported a significant intercept.

Managing Director Shaun Bunn said, "these recent drill results from Gindalbie are nonetheless highly encouraging, having returned multiple significant intercepts of white kaolin from our initial targeted area."

He added the gold find also warranted further drilling "to test the extent of this high-grade gold shoot."

Shares in Empire Metals fell 6% to close at 2.42 pence in London on Monday.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
16 May 2024 21:22

TRADING UPDATES: DSW eyes lower profit than expected; Mpac optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

15 May 2024 12:55

Empire Metals reports latest findings from Pitfield drilling

(Sharecast News) - Empire Metals unveiled the analytical lab results from the final 22 reverse circulation (RC) drill holes at the Pitfield Project in...

26 Apr 2024 12:51

Empire Metals decides not to purchase Stavely project in Australia

(Alliance News) - Empire Metals Ltd on Friday said that it has decided not to extend the completion date for the acquisition of the Stavely project, w...

25 Apr 2024 16:00

EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance New...

25 Apr 2024 10:10

Empire Metals upbeat on lab results from Pitfield Project

(Sharecast News) - Empire Metals unveiled analytical lab results from an initial 18 reverse circulation (RC) drillholes at the Pitfield Project in Wes...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.