Empire Metals Limited, TheAIM-Contracted and OTCQB-Tradedexploration and Development Company, is pleased to report outstanding test results from its latest drilling campaign in the Pitfield project in Western Australia (‘Pitfield’ or the ‘project’). This program, aimed at the in-situ, weathered PET with the Thomas front view, has included some of the highest titanium dioxide (‘TIO₂’) figures that have been registered to date and will support the first Jorc-compatible mineral resource estimate (‘MRE’ of the company.
Highlights
- Chosen Exceptional interceptions (> 6% TIO2),),, involve:
- 44m @ 7.87% TIO2 of surface (AC25Tom159)
- 50M @ 7.84% TIO2 From 4m (AC25TOM130)
- 54m @ 7.41% TIO2 of surface (AC25TOM118)
- 98m @ 7.05% TIO2 From 2m (RC25TOM062)
- 98m @ 7.05% TIO2 From 2m (RC25TOM068)
- Large, high -quality central core identified on average approximately 6% TIO2 over a continuous 3.6 km go through
- Almost two -thirds of all drill holes were on average> 4% TIO2With more than 90% of a 2% closure.
Shaun Bunn, director, said:“These results confirm the exceptional scale and degree of titanium mineralization at Thomas. The continuity of high -quality mineralization in the area is particularly exciting for future my development. With tests that have been received before schedule, we can now accelerate the modeling of resources and quickly go to the announcement of our Maiden Mre.”
MRE -BOOD PROGRAM – Important results
Since the start of the first drilling campaign in Pitfield on March 27, 2023, Empire has completed 382 drill holes for a total of 32,265 meters (see Figure 1) consisting of:
- 17 Diamond Boor holes for 2,704 m
- 140 Reverse circulation (RC) Boor holes before 18,764 m
- 225 Air Core (AC) drill holes for 10,797 m.
The newest campaign in May-June consisted of:
- 140 AC -drill holes (6,360 m) on a grid of 400 x 200 m, average depth 45.4 m
- 40 RC -drill holes (3,776 m) within the AC -Raster, average depth 94.4 m
Figure 1. Gray scale Magnetics Overain by gravity data in the air with RC, AC and Diamond-drill collar sites and JORC exploration goal areas.
During the campaign, all drill holes were interrupted under an interval of 2 million, which resulted in more than 5,000 drill samples that were collected, logged in by our on-site team of geologists and then prepared for shipping to the Perth-based analytical laboratory of Intertek. The analytical test results have now been received, with continuous tio2-Rich mineralization over the total borehill grid, which extends 5.2 km by 2.6 km and an area of 1,352 hectares Totalert (see Figure 2).
The drilling has confirmed the presence of a large, high-quality central core in the prospect of Thomas, this target has been selected as the basis for the first MRE because of the extensive, thick and high-quality titanium mineralization that is known in the wide, in-situ weathered zone. While more than 90% of all borehole sample provisions show mineralization well above a 2% TIO2 Cut-off number This central high-quality core extends from more than 3.6 km of North South, on average about 6% TIO2 (See Table 1).
Table 1. Begnip of Boorgat test results according to average degree of borehole and percentage of the total drilling.
Significant analytical test results for each borehole above 6% TIO2 are reported in Table 2 below.
Figure 2. RC and AC -Boorgat collar locations within the priority area of Thomas Prospect.
Strategic
The May-June campaign meant an important milestone in the development of Pitfield, where the foundation was laid for a worldwide important MRE and the identification of near-grade zones to support the development of mine planning and ore planning as part of the upcoming economic evaluation studies.
Table 2. Significant interceptions above 6% TIO2.
The Pitfield Titanium project
The Pitfield Titanium project is located in the Mid-West region of West-Australia, near the Northern Tarwestad of Three Springs, is 313 km north of Perth and 156 km southeast of Geraldton, the capital of the Mid West region and the Grote Haven. West-Australia is a jurisdiction of Tier 1, with mining-friendly policy, stable government, transparency and advanced technology expertise. Pitfield has existing connections with the port (both Road & Rail), HV stream stations, and is located in the vicinity of natural gas pipelines, as well as a green energy brush hub, which is under planning and development (see Figure 3).
Figure 3. Pitfield project location that shows the infrastructure and services for the region-West region
Competent Personal Declaration
The technical information in this report that relates to the Pitfield project was compiled by Mr Andrew Faragher, an employee of Empire Metals Australia PTY LTD, a full subsidiary of Empire. Mr. Faragher is a member of the Australian Institute of Mining and Metallurgy. Mr. Faragher has sufficient experience that is relevant to the style of mineralization and the type of deposit in consideration and for the activity that is carried out as a competent person as defined in the 2012 edition of the ‘Australasian code for reporting exploratory results, mineral sources and ore reserves’. Mr Faragher agrees with the inclusion in this release of things based on his information in the form and context in which it appears.
Publication of market abuse (Mar)
Certain information in this announcement would have been considered within information for the purposes of Article 7 of the Regulation (EU) No 596/2014, as included in the British Law of the European Union (withdrawal) ACT 2018, to the release of this announcement.
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About Empire Metals Limited
Empire Metals is an AIM-Genter and OTCQB-elevated exploration and resource development company (LON: EEE) with a primary focus on the development of Pitfield, an emerging gigantic titanium project in Western Australia.
The high-quality titanium discovery in Pitfield is of unprecedented scale, with surveys in the air that identify a massive, casual gravity and magnetics deviation that extends over 40 km by 5 km deep. Drilling results have indicated excellent continuity in the figures and consistency of the mineralized beds and confirm that the sandstone beds hold the higher degree titanium dioxide (TIO₂) values within the embedded follow -up of sandstones, siltstones and conglomerates. The company is aimed at two important prospects (Cosgrove and Thomas), which have been identified as a thick, high-dish, near surface, Beddde Tio₂ mineralization, each more than 7 km in a stroke length.
An exploratory goal* for Pitfield was proclaimed until 2024, with regard to the mineral prospects of Thomas and Cosgrove, and was estimated at between 26.4 to 32.2 billion tons with a degree range of 4.5 to 5.5% TIO2. Included in the total exploration goal* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth from 30 m to 40 m and estimated between 4.0 to 4.9 billion tons with a degree range of 4.8 to 5.9% TIO contains2.
The exploration goal* includes an area of less than 20% of the total mineral system in Pitfield, which shows the potential for considerably further upwards.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high -quality titanium metal or pigment quality product in Pitfield, to realize the full value potential of this exceptional down payment.
The company also has two further exploration projects in Australia; The Eclipse project and the Walton project in Western Australia, in addition to three projects for precious metals in a historically high-quality gold-producing region of Austria.
*The potential quantity and degree of the exploration goal is conceptual in nature. There has been insufficient exploration to estimate a mineral source and it is uncertain whether further exploration will lead to the estimate of a mineral source.
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