Drilling Outlines Large, High-Grade Zone

Summary by AI BETAClose X

Empire Metals Limited (LON: EEE, OTCQB: EPMLF) announced outstanding assay results from its Pitfield Project in Western Australia, revealing a large, high-grade titanium dioxide (TiO₂) zone. Exceptional intercepts included 44m @ 7.87% TiO₂, 50m @ 7.84% TiO₂, and 54m @ 7.41% TiO₂. A central core averaging approximately 6% TiO₂ extends 3.6km. Nearly two-thirds of drillholes averaged >4% TiO₂, with over 90% exceeding a 2% cut-off. The 32,265-meter drilling campaign comprised 17 diamond drill holes (2,704m), 140 reverse circulation (RC) drill holes (18,764m), and 225 air core (AC) drill holes (10,797m). The mineralisation extends across a 5.2km by 2.6km area (1,352 hectares). The company plans to accelerate resource modelling and announce a maiden JORC-compliant Mineral Resource Estimate (MRE). Drillhole assay results are broken down by average grade in the following table: | Average Grade (%TiO₂) | % of total drillholes | % of total drillholes remaining | |---|---|---| | 0-2 | 10 | 100 | | 2-3 | 7 | 90 | | 3-4 | 20 | 83 | | 4-5 | 30 | 63 | | 5-6 | 20 | 33 | | 6-7 | 10 | 13 | | 7-8 | 3 | 3 |

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