Source - Alliance News

Empire Metals Ltd on Tuesday said results for an airborne gravity survey identified the potential for higher grade titanium mineralisation at the Pitfield project in Western Australia.

The London-based minerals explorer and developer said a ‘very dense’ core was identified within the 40 kilometres long magnetics anomaly, which indicates ‘thick high-grade iron-titanium mineralised beds or large zones of hematitic iron oxides that may be associated with copper mineralisation,’ the company said.

A 1,500 diamond core drill programme is set to begin in September, Empire added.

Managing Director Shaun Bunn said: ‘There is clearly potential to discover even higher-grade mineralisation and/or zones of new economic minerals within this high-density core, and we are looking to expand our next reverse circulation drilling campaign to ensure we cover as much of these high-density targets as possible.’

Shares in Empire Metals were up 0.9% at 5.35 pence each in London on Tuesday afternoon.

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