Announcement Date: 2022-08-16
Announcement Type: Drilling Results
Announcement Code: (other Code)
Company name: Empire Metals Ltd.
Project name: Eclipse-Gindalbie
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 2m @ 3.3g/t Au from 117m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Empire Metals Limited, the AIM-quoted resource exploration and development company, is pleased to provide an update on the reverse circulation (‘RC’) drilling programme recently completed at the Eclipse-Gindalbie Gold Project, situated 55km north-east of Kalgoorlie, in Western Australia. In February of this year, Empire entered into a Tribute Agreement that gives Empire the exclusive right to explore, develop and mine within a granted area on Maher Mining’s 100% owned mining lease M27/158, which sits adjacent to the eastern border of the Eclipse licence area and extends the current area for exploration targets by over 200% to a total of 943ha. The “granted” area covers 643ha of highly prospective ground containing historic gold mines located along a series of northwest-southeast striking mineralised trends. The main trend containing the Company’s Eclipse and Jack’s Dream deposits aligns with several of the old workings to the southeast including the Golden Puzzle, Laurel and Bulletin mines. Other, sub-parallel north-west – south-east striking trends have been identified which include the Homeward Bound and South Gippsland #3 mines.
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