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Investor Presentation
The Company can also confirm that it will provide a live presentation on 16 March 2023 at 11:00 am GMT. The presentation will provide additional information on the Pitfield Project, in addition to details on Empire's new kaolin discovery at its Eclipse-Gindalbie Project.
3hrs ago
https://mobile.twitter.com/Empiremetalsltd/status/1632997534141489153
Wed, 15th Feb 2023 11:15
RNS Number : 0316Q
Empire Metals Limited
15 February 2023
Empire Metals Limited / LON: EEE / Sector: Natural Resources
15 February 2023
Empire Metals Limited
("Empire" or "the Company")
Cash position
Empire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, announces that, further to a recent media interview, its current cash position is circa £1.25 million (approximately AUD$2.2 million). Current cash reserves are sufficient for the initial soil sampling and planned maiden drill programme at the Pitfield Copper Project in Western Australia.
EEE tweet 5hrs ago
https://mobile.twitter.com/Empiremetalsltd/status/1625465893391151104
My high level takeaway from the interview regarding Pitfield:
* Currently sufficient money in the bank appr. £1,000,000
* Drilling campaign Pitfield only appr. £300,000,-
* Shallow drilling 100-150m only
* Pitfield drilling starting probably within 2-3 months prior farmers start seeding
* No big burn rate, no big overhead, not desperate for cash
* Right market, right commodity, right timing
* Currently in South Africa for 1-1 meetings
DYOR
Empire Metals (EEE) - Signs of Super Large Copper Deposit
https://youtu.be/SqGQQmHU6tM