Curated News
By: NewsRamp Editorial Staff
May 17, 2024
Empire Metals Reveals Promising Drill Results at Pitfield Project
TLDR
- Empire Metals Ltd's Pitfield project in Western Australia yields high-grade titanium, offering potential for competitive advantage in the market.
- The drilling campaign targeted the Cosgrove and Thomas prospects, with 22 RC holes and 4 diamond drill holes completed for critical geological and metallurgical data.
- The discovery of a giant mineral system and the focus on higher-grade sandstone-dominated systems at the Cosgrove and Thomas prospects could lead to significant improvements in resource sustainability.
- Empire Metals' engagement with Snowden Optiro for geological expertise and compliance with JORC standards highlights the company's commitment to responsible and informed exploration practices.
Impact - Why it Matters
The discovery of high-grade titanium deposits at Empire Metals' Pitfield project in Western Australia has the potential to significantly impact the company's future operations and the global titanium market. The results of the drilling campaign, including the identification of sandstone-dominated systems and the engagement of geological experts, indicate a major step forward in Empire Metals' exploration and development efforts. This news is crucial for investors, industry professionals, and stakeholders in the resource and mining sectors, as it signals a significant development in the search for valuable mineral resources.
Summary
Empire Metals Ltd managing director Shaun Bunn discusses the results from the final 22 reverse circulation (RC) holes at the company's Pitfield project in Western Australia with Proactive's Stephen Gunnion. The drilling campaign targeted two key areas, the Cosgrove and Thomas prospects, each spanning approximately 25 km². Bunn highlighted that every hole intercepted high-grade titanium from surface to depth, indicating the presence of a highly weathered cap with up to 15% higher grade at the surface. Additionally, Bunn mentioned the completion of four diamond drill holes with excellent core recovery, pending analytical results. These core samples are critical for mapping geological structures and obtaining metallurgical and mineralogical data. The drilling program comprised 107 holes, covering over 17,000 metres, including seven diamond drill holes. Bunn explained that the company has mapped a giant mineral system over 30 to 40 km in strike length, with the deepest drilling reaching 400 metres. The focus is now on higher-grade sandstone-dominated systems near the surface at the Cosgrove and Thomas prospects. The next steps include delineating chalk exploration targets and determining the tonnage and scale of these deposits. Empire Metals has engaged Snowden Optiro to provide geological expertise and ensure compliance with JORC standards. Snowden will assist in preparing geological models and defining high-grade zones, working closely with the exploration team.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Empire Metals Reveals Promising Drill Results at Pitfield Project