Update on Drilling Programme at Eclipse Project

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: [phone]
Ewan Leggat	S. P. Angel Corporate Finance LLP	Nomad & Broker	Tel: [phone]
Soltan Tagiev	S. P. Angel Corporate Finance LLP	Nomad & Broker	Tel: [phone]
Damon Heath	Shard Capital Partners LLP	Joint Broker	Tel: [phone]
Susie Geliher	St Brides Partners Ltd	PR	Tel: [phone]
Beth Melluish	St Brides Partners Ltd	PR	Tel: [phone]

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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