Empire Metals Limited Update on Drilling Programme at Eclipse Project (3640Z)
September 18 2020 - 2:00AM
UK Regulatory
TIDMEEE
RNS Number : 3640Z
Empire Metals Limited
18 September 2020
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
18 September 2020
Empire Metals Limited ('Empire' or the 'Company')
Update on Drilling Programme at Eclipse Gold Project
Empire Metals Limited, the AIM-quoted resource exploration and
development company, is pleased to announce that it has secured a
drilling contractor to commence the first phase of a two phase
drilling programme at the Eclipse Gold Project, located 55km
north-east of Kalgoorlie, Western Australia ('Eclipse' or the
'Project'), with work scheduled to commence on 28 September.
In addition, the Company advises that the soil / geochemistry
sampling programme, announced on 4 September, has now been
completed and that all samples are in the Kalgoorlie assay
laboratories for analysis. Geophysics work will commence shortly
and the results of this and the geochemistry will be used to
highlight additional drill targets at the Eclipse Project for the
second phase of drilling.
Mike Struthers, CEO, said: "We're very pleased to have secured a
drilling rig for Eclipse in such short order, as rigs and crew are
generally difficult to secure at the moment. With the soil sampling
programme now complete, the geophysics programme about to commence,
and the first phase drilling now locked in to commence on 28
September, we look forward to an exciting couple of months
ahead."
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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