(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.
The AIM-traded firm said the campaign would consist of more than 3,290 metres of drilling across 26 holes, to target high-grade mineralisation at Eclipse-Gindalbie.
It said it would focus on the most prospective targets within the project area, including Homeward Bound, which previously delivered "very high grade" intercepts.
Those previously-delivered intercepts included five metres at 8.99 grams of gold per tonne from 31 metres downhole, including one metre at 40.9 grams per tonne; three metres at 8.96 grams per tonne from 98 metres downhole, including two metres at 13.28 grams per tonne; and three metres at 9.88 grams per tonne from 46 metres downhole, including one metre at 26.2 grams per tonne.
"We are pleased to announce the commencement of our next drilling campaign which will focus on the most prospective targets identified to date within the combined Eclipse-Gindalbie project area," said managing director Shaun Bunn.
"The previous drilling at Homeward Bound produced very high grades and we also encountered significant gold mineralisation at depth below the small open pit at Bud's Find and a three metre wide mineralised lode was identified at Laurel."
At 1102 BST, shares in Empire Metals were up 6.12% at 1.3p.
Reporting by Josh White at Sharecast.com.
Empire Metals (EEE)