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Why was Empire tweeting about gold yesterday?...

What are the chances of finding gold next to rich titanium in the same large scale deposit? i.e. Pitfield.

We should get confirmation soon of the 3rd hole being drilled.

By now I reccon the coring results of the 1st hole should be known already by both the lab and Empire and hence we might expect news shortly.

Every day we are getting closer to further insight into the deeper Pitfield geology which is exciting as if I am not mistaken it was mentioned even stronger signals were picked up from deeper down below.

Then again according to my earlier calculations as with the current known deposit size and grades it is very well likely Pitfield is already big enough for it to be economical to mine as a major shallow deposit in a relatively safe jurisdiction.

Any chance of finding gold in the deeper Pitfield deposits?

Why do they refer to gold?....

Https://twitter.com/Empiremetalsltd/status/1714922733937525169

Good morning all.

Let's see if some positions will be taken today prior entering the weekend ahead of next week. We might get an RNS on first diamond coring hole results.

Empire Metals

@Empiremetalsltd

·

27 m

Drilling is underway on our second #EEE diamond drill hole at Pitfield

https://twitter.com/Empiremetalsltd/status/1712039937816588430

Some big trades apppearing near close!

06-Oct-23 16:30:00 3.80 2,796,250 Unknown* 106.26k O

06-Oct-23 16:30:00 3.799 2,796,250 Unknown* 106.23k

Drilling of the 3x 500m holes should be almost finished by now.

In fact shallow coring without any hard rock present.

RNS could be imminent.

Https://twitter.com/Empiremetalsltd/status/1707644939180408854

£3.8 Million cash in the bank

SP holding out remarkably well in between 4.2-4.5p range at the moment. Any drops are bought into again.

Some people are heavily invested here, waiting for the big news to arrive very soon. We know Pitfield is huge, now it is a matter of how huge incl. providing detailed composition.

I don't know who's buying, I do know however 500 meter core drilling in most cases is only a matter of a number of days for each hole.

At least 7x 500,000 of what I assume block buys reported today, also 1x 1,500,000 from yesterday

And another 500,000 buy coming in at 4.40p worth £22k

500,000 block buyer active it seems

£62k trade from yesterday appearing.

Big money involved here.

The global titanium market is expected to reach 36 USD Billion in 4-5 years from now. I'd love to see Empire becoming a significant global supplier with Pitfield as its flagship.

Indeed, it is only a matter of days for each 500m hole core drilling. They could be finished already next week. This will provide more specific detailed data in terms of mineral composition critical for potential major investors, i.e. JV's and takeovers.

Https://twitter.com/Empiremetalsltd/status/1706191748672704781