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/.
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
or contact:
Empire Metals
Ltd
Shaun Bunn / Greg Kuenzel / Arabella
Burwell
|
Tel: 020 4583 1440
|
S. P. Angel
Corporate Finance LLP (Nomad & Broker)
Ewan Leggat / Adam Cowl
|
Tel: 020 3470 0470
|
Shard Capital
Partners LLP (Joint Broker)
Damon Heath
|
Tel: 020 7186 9950
|
St Brides Partners Ltd (Financial
PR)
Susie Geliher / Charlotte
Page
|
Tel: 020 7236 1177
|
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%
TiO2. 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% TiO2.
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.