Empire Metals Confirms High-Grade Titanium Zone at Pitfield as Major Drill Campaign Advances

Empire Metals ( (GB:EEE) ) just unveiled an update.

Empire Metals has reported results from a late-2025 diamond drilling campaign at its Pitfield Project in Western Australia, confirming a near-surface high-grade central zone of titanium dioxide at the Thomas Prospect. Eight diamond holes over 745 metres delivered thick intervals grading above the current resource average, with several intercepts approaching 10% TiO₂ in the weathered cap, providing strong geological, geochemical and metallurgical datasets to improve resource confidence and inform mine design.

The company has launched a fully funded, large-scale air core and reverse circulation drilling programme for 2026, targeting 754 holes over 41,250 metres to upgrade the Thomas resource into higher-confidence categories and significantly expand the Cosgrove resource. With drilling costs kept below A$90 per metre and completion expected by mid-April ahead of an updated mineral resource estimate in the third quarter of 2026, the campaign is set to materially advance Pitfield toward development studies and could enhance Empire’s strategic position in the titanium supply chain.

The most recent analyst rating on (GB:EEE) stock is a Hold with a £38.00 price target. To see the full list of analyst forecasts on Empire Metals stock, see the GB:EEE Stock Forecast page.

Spark’s Take on EEE Stock

According to Spark, TipRanks’ AI Analyst, EEE is a Neutral.

Overall score is held back primarily by weak financial performance (pre-revenue, widening losses, and worsening cash burn), partially offset by a strong technical uptrend (price above major moving averages with positive MACD) and a conservative balance sheet with very low leverage. Valuation remains a drag due to negative earnings and no dividend yield data.

To see Spark’s full report on EEE stock, click here.

More about Empire Metals

Empire Metals Limited is an AIM-quoted and OTCQX-traded natural resources company focused on exploration and development, with its flagship Pitfield titanium project located in Western Australia. The company is advancing the Thomas and Cosgrove prospects, targeting large-scale, near-surface titanium mineralisation that can support future mine development and resource growth.

Average Trading Volume: 2,539,834

Technical Sentiment Signal: Buy

Current Market Cap: £213.3M

Learn more about EEE stock on TipRanks’ Stock Analysis page.