RCS - Empire Metals Ltd - New Corporate Presentation

Empire MetalsAnnouncement

04/02/2025 07:15

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RNS Number : 8193V  Empire Metals Limited  04 February 2025

Empire Metals Limited / LON: EEE / Sector: Natural Resources

4 February 2025

Empire Metals Limited

("Empire" or "the Company")

 

New Corporate Presentation

 

Empire Metals Limited (LON: EEE), the AIM-listed resource exploration and
development company, is pleased to announce that an updated corporate
presentation has been published and can be found here:
 https://www.empiremetals.com/investors/shareholder-documents/presentations/
(https://www.empiremetals.com/investors/shareholder-documents/presentations/)
.

 

The presentation showcases the latest advancements at the Pitfield Project,
the world's largest known titanium discovery, alongside the Company's key
milestones for 2025 as it aims to further de-risk the project and progress
towards commercialisation.

 

**ENDS**

 

For further information please visit www.empiremetals.co.uk
(http://www.empiremetals.co.uk) or contact:

 Empire Metals Ltd

 Shaun Bunn / Greg Kuenzel / Arabella Burwell                                            Tel: 020 4583 1440
 S. P. Angel Corporate Finance LLP (Nomad & Broker)                                      Tel: 020 3470 0470

 Ewan Leggat / Adam Cowl
 Shard Capital Partners LLP (Joint Broker)                                               Tel: 020 7186 9950

 Damon Heath
 St Brides Partners Ltd (Financial                                                       Tel: 020 7236 1177
 PR)

 Susie Geliher / Charlotte Page

 

About Empire Metals Limited

Empire Metals is an AIM-listed exploration and resource development company
(LON: EEE) with a primary focus on developing Pitfield, an emerging giant
titanium project in Western Australia.

 

The high-grade titanium discovery at Pitfield is of unprecedented scale, with
airborne surveys identifying a massive, coincident gravity and magnetics
anomaly extending over 40km by 8km by 5km deep. Drill results have indicated
excellent continuity in grades and consistency of the mineralised beds and
confirm that the sandstone beds hold the higher-grade titanium dioxide
(TiO₂) values within the interbedded succession of sandstones, siltstones
and conglomerates. The Company is focused on two key prospects (Cosgrove and
Thomas), which have been identified as having thick, high-grade, near-surface,
bedded TiO₂ mineralisation, each being over 7km in strike length.

 

An Exploration Target* for Pitfield was declared in 2024, covering the Thomas
and Cosgrove mineral prospects, and was estimated to contain between 26.4 to
32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO(2).  Included
within the total Exploration Target* is a subset that covers the weathered
sandstone zone, which extends from surface to an average vertical depth of 30m
to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a
grade range of 4.8 to 5.9% TiO(2).

 

The Exploration Target* covers an area less than 20% of the overall mineral
system at Pitfield which demonstrates the potential for significant further
upside.

 

Empire is now accelerating the economic development of Pitfield, with a vision
to produce a high-value titanium metal or pigment quality product at Pitfield,
to realise the full value potential of this exceptional deposit.

 

The Company also has two further exploration projects in Australia; the
Eclipse Project and the Walton Project in Western Australia, in addition to
three precious metals projects located in a historically high-grade gold
producing region of Austria.

*The potential quantity and grade of the Exploration Target is conceptual in
nature. There has been insufficient exploration to estimate a Mineral Resource
and it is uncertain if further exploration will result in the estimation of a
Mineral Resource.

 

 

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