REG - Empire Metals Ltd - Drilling Outlines Large, High-Grade Zone

Empire MetalsAnnouncement

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RNS Number : 6921V  Empire Metals Limited  18 August 2025

Empire Metals Limited / LON: EEE, OTCQB: EPMLF / Sector: Natural Resources

 

18 August 2025

Empire Metals Limited

("Empire" or "the Company")

 

Major Drilling Campaign Outlines Large, High-Grade Zone

 

Empire Metals Limited, the AIM-quoted and OTCQB-traded exploration and
development company, is pleased to report outstanding assay results from its
latest drilling campaign at the Pitfield Project in Western Australia
('Pitfield' or the 'Project'). This programme, focused on the in-situ
weathered cap at the Thomas Prospect, has delivered some of the highest
titanium dioxide ('TiO₂') grades recorded to date and will underpin the
Company's maiden JORC-compliant Mineral Resource Estimate ('MRE').

 

Highlights

 

·    Selected exceptional intercepts (>6% TiO(2)), include:

o  44m @ 7.87% TiO(2) from surface (AC25TOM159)

o  50m @ 7.84% TiO(2) from 4m (AC25TOM130)

o  54m @ 7.41% TiO(2) from surface (AC25TOM118)

o  98m @ 7.05% TiO(2) from 2m (RC25TOM062)

o  98m @ 7.05% TiO(2) from 2m (RC25TOM068)

·    Large, high-grade central core identified averaging circa 6% TiO(2)
across a continuous 3.6km strike length.

·    Nearly two thirds of all drillholes averaged > 4% TiO(2), with
over 90% exceeding a 2% cut-off.

 

Shaun Bunn, Managing Director, said: "These results confirm the exceptional
scale and grade of titanium mineralisation at Thomas. The continuity of
high-grade mineralisation near surface is particularly exciting for future
mine development. With assays received ahead of schedule, we can now
accelerate resource modelling and move rapidly towards announcing our maiden
MRE."

 

MRE Drilling Programme - Key Results

Since commencing the maiden drilling campaign at Pitfield on 27 March 2023
Empire has completed 382 drill holes for a total 32,265 metres (refer Figure
1) comprising:

·    17 Diamond drill holes for 2,704 m

·    140 Reverse Circulation (RC) drill holes for 18,764 m

·    225 Air Core (AC) drill holes for 10,797 m.

 

The latest May-June campaign comprised:

·    140 AC drillholes (6,360m) on a 400 x 200m grid, average depth 45.4m

·    40 RC drillholes (3,776m) within the AC grid, average depth 94.4m

 

 

Figure 1. Grey-scale magnetics overlain by airborne gravity data showing RC, AC and diamond drillhole collar locations and JORC Exploration Target areas.

During the campaign all drill holes were subsampled on a 2m interval,
resulting in over 5,000 drill samples being collected, logged by our on-site
team of geologists and then prepared for shipment to Intertek's Perth based
analytical laboratory. The analytical assay results have now been received,
showing continuous TiO(2)-rich mineralisation across the overall drillhole
grid, which extends 5.2km by 2.6km and totals an area of 1,352 hectares (refer
Figure 2).

 

The drilling has confirmed the presence of a large, high-grade central core at
the Thomas prospect, this target being selected as the basis for the maiden
MRE due to the extensive, thick and high-grade titanium mineralisation known
to be hosted within the broad, in-situ weathered zone. Whilst over 90% of all
drillhole sample assays show mineralisation well above a 2% TiO(2) cut-off
grade this central high-grade core, extends over 3.6km north-south, averages
around 6% TiO(2) (refer Table 1).

 

 Average Grade (%TiO(2))  % of total drillholes  % of total drillholes remaining
 0-2                      10                     100
 2-3                      7                      90
 3-4                      20                     83
 4-5                      30                     63
 5-6                      20                     33
 6-7                      10                     13
 7-8                      3                      3

Table 1. Breakdown of drillhole assay results by average grade of drillhole
and percentage of total drilling.

 

Significant analytical assay results for each drillhole above 6% TiO(2) are
reported in Table 2 further below.

Figure 2. RC and AC drill hole collar locations within the Thomas Prospect
priority area.

 

Strategic Significance

The May-June campaign marked a major milestone in the development of Pitfield,
laying the foundation for a globally significant MRE and enabling the
identification of near-surface, high grade zones to support the development of
mine planning and ore scheduling as part of upcoming economic evaluation
studies.

 

 Hole_ID     Easting  Northing  Depth      Depth    EOH  Interval  Grade

                                From (m)   To (m)                  TiO(2) (%)
 AC25TOM052  372984   6726900   0          42       42   42        6.67
 including                      0          6             6         12.08
 AC25TOM057  373000   6724913   2          62       62   60        6.22
 including                      2          28            26        8.99
 AC25TOM066  373999   6724499   0          61       61   61        6.47
 AC25TOM080  373859   6724096   4          57       57   53        6.49
 AC25TOM081  373700   6724098   2          60       60   58        6.55
 AC25TOM118  373199   6725301   0          54       54   54        7.41
 AC25TOM123  374101   6725702   4          48       48   44        6.01
 AC25TOM129  373801   6725298   2          58       58   56        6.23
 AC25TOM130  373099   6725699   4          54       54   50        7.84
 AC25TOM133  372898   6726156   8          45       45   37        6.04
 AC25TOM136  373097   6726499   4          45       45   41        6.92
 AC25TOM142  373898   6726503   0          47       47   47        6.11
 AC25TOM149  373800   6726899   0          30       30   30        6.17
 AC25TOM159  372799   6726902   0          44       44   44        7.87
 including                      4          18            14        9.42
 AC25TOM164  372799   6727299   0          36       36   36        6.50
 including                      12         18            6         12.10
 AC25TOM169  372898   6726499   8          41       41   33        7.28
 AC25TOM183  373790   6724606   0          57       57   57        6.04
 RC25TOM062  373070   6725900   2          100      100  98        7.05
 RC25TOM033  373592   6724701   0          100      100  100       6.51
 RC25TOM057  373193   6726301   14         100      100  86        6.10
 RC25TOM063  373483   6724551   0          100      100  100       6.87
 RC25TOM068  373313   6725107   2          100      100  98        7.05
 including                      18         34            16        9.81
 RC25TOM071  373176   6725501   0          100      100  100       6.95

Table 2. Significant Intercepts above 6% TiO(2).

 

The Pitfield Titanium Project

Located within the Mid-West region of Western Australia, near the northern
wheatbelt town of Three Springs, the Pitfield titanium project lies 313km
north of Perth and 156km southeast of Geraldton, the Mid West region's capital
and major port. Western Australia is a Tier 1 mining jurisdiction, with
mining-friendly policies, stable government, transparency, and advanced
technology expertise. Pitfield has existing connections to port (both road
& rail), HV power substations, and is nearby to natural gas pipelines as
well as a green energy hydrogen fuel hub, which is under planning and
development (refer Figure 3).

Figure 3. Pitfield Project Location showing the Mid-West Region Infrastructure
and Services

 

Competent Person Statement

The technical information in this report that relates to the Pitfield Project
has been compiled by Mr Andrew Faragher, an employee of Empire Metals
Australia Pty Ltd, a wholly owned subsidiary of Empire. Mr Faragher is a
Member of the Australian Institute of Mining and Metallurgy. Mr Faragher has
sufficient experience that is relevant to the style of mineralisation and type
of deposit under consideration and to the activity being undertaken to qualify
as a Competent Person as defined in the 2012 Edition of the 'Australasian Code
for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr
Faragher consents to the inclusion in this release of the matters based on his
information in the form and context in which it appears.

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No
596/2014, as incorporated into UK law by the European Union (Withdrawal) Act
2018, until the release of this announcement.

 

**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 / Erik Woolgar
 St Brides Partners Ltd (Financial                                                       Tel: 020 7236 1177
 PR)

 Susie Geliher / Charlotte Page

 

About Empire Metals Limited

Empire Metals is an AIM-listed and OTCQB-traded 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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