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Empire Metals Launches Major Drilling Campaign at Pitfield Project

Story Highlights
  • Empire Metals starts a major drilling campaign at Pitfield, targeting high-grade titanium.
  • The campaign aims to deliver a maiden Mineral Resource Estimate, impacting operations and positioning.
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Empire Metals Launches Major Drilling Campaign at Pitfield Project

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Empire Metals ( (GB:EEE) ) has shared an announcement.

Empire Metals Limited has commenced a major drilling campaign at the Pitfield Project in Western Australia, targeting high-grade titanium mineralization at the Thomas Prospect. The campaign, the largest at Pitfield to date, aims to deliver a maiden JORC Compliant Mineral Resource Estimate. With 164 planned drill holes covering over 11 square kilometers, the program is expected to significantly impact the company’s operations by potentially establishing a globally significant mineral resource, thereby enhancing its industry positioning and offering promising implications for stakeholders.

More about Empire Metals

Empire Metals Limited is an AIM-listed and OTCQB-traded exploration and resource development company focused on developing the Pitfield project, a significant titanium discovery in Western Australia. The company targets high-grade titanium mineralization, with a focus on the Thomas and Cosgrove prospects, which feature thick, high-grade, near-surface titanium dioxide mineralization.

Average Trading Volume: 2,599,441

Technical Sentiment Signal: Buy

Current Market Cap: £72.07M

For detailed information about EEE stock, go to TipRanks’ Stock Analysis page.

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