SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

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

Copyright 2022 Alliance News Limited. All Rights Reserved.

Empire Metals

Shares in this article

Related News

Empire Metals completes processing flowsheet for Pitfield
4 days ago

Empire Metals completes processing flowsheet for Pitfield

(Sharecast News) - Empire Metals said it had completed an integrated metallurgical processing flowsheet for its Pitfield titanium project in Western A...

Empire Metals celebrates completion of Pitfield processing flowsheet
4 days ago

Empire Metals celebrates completion of Pitfield processing flowsheet

(Alliance News) - Empire Metals Ltd on Thursday announced a "defining moment" in its work on the Pitfield Titanium Project in Western Australia, havin...

Empire Metals executes sale-and-purchase deal on Eclipse lease interest
19 May 2026

Empire Metals executes sale-and-purchase deal on Eclipse lease interest

(Sharecast News) - Empire Metals said on Tuesday that it had executed a definitive sale and purchase agreement to sell its 75% interest in the Eclipse...