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8.16%
NEUTRAL

Empire Metals Outlines Large, High-Grade Titanium Zone at Pitfield

Why we think this is neutral

This RNS provides a general update on the drilling results at Empire Metals' Pitfield project, but does not contain any of the mandatory news types such as contract news, order news, trading update, or financial results. As a result, I have assigned a neutral sentiment score.

Key Points

  • Selected exceptional intercepts (>6% TiO2), including 44m @ 7.87% TiO2 from surface
  • Large, high-grade central core identified averaging circa 6% TiO2 across a continuous 3.6km strike length
  • Nearly two thirds of all drillholes averaged > 4% TiO2, with over 90% exceeding a 2% cut-off

Summary

The exploration and development company reports exceptional titanium dioxide grades from its latest drilling campaign at the Pitfield project in Western Australia.

Empire Metals Limited has reported outstanding assay results from its latest drilling campaign at the Pitfield Project in Western Australia. The 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.

GENERAL UPDATE