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Eclipse Mining Licence Sale Extension

31 Mar 2026 07:00

RNS Number : 7065Y
Empire Metals Limited
31 March 2026
 

Empire Metals Limited / LON: EEE, OTCQX: EPMLF / Sector: Natural Resources

 

31 March 2026

Empire Metals Limited

("Empire" or "the Company")

 

Eclipse Mining Licence Sale Extension

 

Empire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, notifies the market that the sale of its 75% interest in the Eclipse Mining Licence ("Eclipse ML") has been extended by one month to 30 April 2026, with the purchaser granted additional time to complete due diligence following delays to drilling assay results.

 

The sale of Empire's 75% interest in the Eclipse ML is ongoing. The extension reflects the following:

· The purchaser has completed a drill programme, with a total of 10 RC holes drilled for 514 metres.

· Assay results have been delayed due to longer laboratory turnaround times than anticipated, and the purchaser requires additional time to complete their analysis.

· As per the RNS dated 30 December 2025, A$50,000 non-refundable deposit has been received, with the balance of A$700,000 due at settlement, pending successful due diligence.

 

The Eclipse ML sale is consistent with Empire's strategy to divest non-core assets and focus capital on the Pitfield Titanium Project.

 

Market Abuse Regulation Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd

Shaun Bunn / Greg Kuenzel / Arabella Burwell

 

 

 Tel: 020 4583 1440

 

 

S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)

Ewan Leggat / Adam Cowl

 

 

Tel: 020 3470 0470

 

 

Canaccord Genuity Limited (Joint Broker)

James Asensio / Christian Calabrese / Charlie Hammond

 

Tel: 020 7523 8000

 

Shard Capital Partners LLP (Joint Broker)

Damon Heath

 

 

Tel: 020 7186 9950

 

 

Tavistock (Financial PR)

Emily Moss / Josephine Clerkin

 

 

empiremetals@tavistock.co.uk

Tel: 020 7920 3150

 

 

 

About Empire Metals Limited

Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. With excellent logistics and established infrastructure, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

 

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STRFLFVDVIIIVIR
Date   Source Headline
4th Jun 20267:00 amRNSAppointment of Joint Corporate Broker
19th May 20267:00 amRNSExecution of SPA for Eclipse Mining Lease
18th May 202610:42 amRNSHolding(s) in Company
15th May 202612:04 pmRNSHolding(s) in Company
11th May 20267:00 amRNS£8m Subscription by Institutional Shareholders
5th May 20267:00 amRNSCompletion of Drill Campaign
13th Apr 20267:00 amRNSIssue of Shares & Extension of Options
31st Mar 20267:00 amRNSEclipse Mining Licence Sale Extension
23rd Mar 20267:00 amRNSFinal Results
17th Mar 20267:00 amRNSDiamond Drilling Results
17th Mar 20267:00 amRNSDiamond Drilling Results
2nd Mar 20267:00 amRNS-REmpire Joins Western Australia Delegation
26th Feb 20267:00 amRNSDTC Eligibility
17th Feb 20267:00 amRNSMajor Drilling Campaign to Commence at Pitfield
27th Jan 20267:00 amRNSPitfield Project Development Update
30th Dec 20257:00 amRNSConditional Sale of 75% of Eclipse Gold Project
5th Dec 20257:00 amRNS-RExploration Discovery of the Year Award
18th Nov 20257:00 amRNS-RInvestor Presentation via Investor Meet Company
17th Nov 20257:00 amRNSDirector Dealing
13th Nov 20257:00 amRNSAppointment of Joint Corporate Broker
12th Nov 20257:00 amRNSDiamond Drilling Ahead of Pilot-Scale Testwork
10th Nov 20257:00 amRNS-RSpeaking at TZMI Congress
3rd Nov 202511:02 amRNSHolding(s) in Company
31st Oct 202512:00 pmRNSHolding(s) in Company
30th Oct 20257:00 amRNSPlacing to raise £7 million
14th Oct 202510:00 amRNS-RConference Presentations & Attendance
14th Oct 20257:00 amRNSMRE Confirms World Dominant Titanium Discovery
24th Sep 20257:00 amRNS-RInclusion in FTSE AIM 100 Index
23rd Sep 20259:00 amRNS-RNew Corporate Presentation
17th Sep 202510:15 amRNSDirector/PDMR Shareholding
17th Sep 20257:00 amRNSAppointment of Marketing Manager
16th Sep 20259:30 amRNSCompany Update
12th Sep 20252:43 pmRNSDirector/PDMR Shareholding
12th Sep 20258:00 amRNSExercise of Options
4th Sep 20257:00 amRNSInterim Results
3rd Sep 20257:00 amRNSEmpire Upgrades to OTCQX
28th Aug 20257:00 amRNSBreakthrough in Process Development
18th Aug 20257:00 amRNSDrilling Outlines Large, High-Grade Zone
16th Jul 20257:00 amRNSTeam Expansion & Bulk Met Testing Commences
8th Jul 20257:00 amRNSCompletion of MRE Drilling Campaign
12th Jun 202512:00 pmRNSWarrant Exercise
9th Jun 20257:00 amRNSExceptional High-Purity TiO2 Product Achieved
6th Jun 20257:00 amRNSFinal Results
2nd Jun 202510:52 amRNSHolding(s) in Company
2nd Jun 202510:49 amRNSHolding(s) in Company
2nd Jun 20257:00 amRNSMajor Drilling Campaign Targeting Maiden MRE
23rd May 20257:00 amRNS£4.5m Subscription by Institutional Investors
2nd May 20257:00 amRNS-RConference Presentations in Australia & N America
28th Apr 20257:00 amRNSExtensive High-Grade Titanium Zones Confirmed
26th Mar 202512:31 pmRNSHolding(s) in Company

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