Empire Metals Limited Commencement of Work Programme at Eclipse Project (0059Y)
September 04 2020 - 2:00AM
UK Regulatory
TIDMEEE
RNS Number : 0059Y
Empire Metals Limited
04 September 2020
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
4 September 2020
Empire Metals Limited ('Empire' or the 'Company')
Commencement of Work Programme at Eclipse Gold Project
Empire Metals Limited, the AIM-quoted resource exploration and
development company, is pleased to announce that it has commenced
field work at the high-grade Eclipse gold mining licence, located
55km north-east of Kalgoorlie, Western Australia ('Eclipse' or the
'Project').
Overview:
-- Phased work programme commenced at Eclipse, initially with
systematic soil sampling and geochemistry
-- 490 samples planned over the north-eastern and south-western
areas of the licence, testing the areas adjacent to existing
geochemistry results
-- Soils / geochemistry results expected by end September
-- Designed to test potential mineralisation at two additional
targets north-west of Eclipse, the Houdini and Easy prospects
-- Soil sampling represents the first phase of the work programme to include:
-- Ground magnetic survey and sub audio magnetic survey
-- Structural geological interpretation and mapping
-- Reverse circulation drilling
Mike Struthers, CEO, said: "We're very pleased to have started
our fieldwork at Eclipse. Historical production records from the
Project were well preserved, and together with recent geophysics
and drilling we already have robust understanding of the gold
mineralisation and the potential for significant high-grade gold
resource development. With this in mind, we have high expectations
for the results over the coming weeks and months during our option
period and look forward to providing further updates in due
course."
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 until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or
contact:
Mike Struthers Empire Metals Ltd Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Soltan Tagiev S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
Beth Melluish St Brides Partners Ltd PR Tel: 020 7236
1177
About Empire Metals Limited
Empire Metals Limited (formerly Georgian Mining Corporation) has
50% ownership of the Bolnisi Copper and Gold Project in Georgia,
situated on the prolific Tethyan Belt, a well-known geological
region and host to many high-grade copper-gold deposits and
producing mines. The Bolnisi concession covers an area of over 860
sq km and has a 30-year mining licence with a variety of targets
and projects ranging from greenfield exploration / target
definition phase through intermediate target-testing phases to more
advanced projects including Kvemo Bolnisi East which is due to
advance to Feasibility Study.
The Company is assessing the potential for expanding the
Company's portfolio through the addition of new assets, which have
the ability to add value in the short term.
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END
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