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The latest announcement is out from Empire Metals ( (GB:EEE) ).
Empire Metals Limited has been awarded the Exploration Discovery of the Year Award for its Pitfield titanium project in Western Australia, recognized for its significant potential to develop into a major mining operation. The project has demonstrated immense potential with a high-purity TiO2 product and a substantial Mineral Resource Estimate, positioning Empire as a key player in the global titanium industry.
More about Empire Metals
Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂. Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion. Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. With excellent logistics and established infrastructure, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.
Average Trading Volume: 6,095,631
Technical Sentiment Signal: Buy
Current Market Cap: £257.3M
Find detailed analytics on EEE stock on TipRanks’ Stock Analysis page.