Empire Metals Ltd - resource exploration and development company - Initial work programme completed at Eclipse gold project in western Australia, leading to increase confidence in project's potential to host small-scale open pit gold mine.
Also has completed acquisition of 75% interest of Eclipse through the execution of option agreement following fundraising completed in late November.
Looking ahead, additional work programme to start before year-end including infill and extension drilling to better define near-surface potential resources and extensions at depth and along strike.
Current stock price: 3.22 pence
Year-to-date change: up 95%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Empire Metals (EEE)