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IN BRIEF: Empire Metals rises on high-grade intercepts at Gindalbie

ALN

Empire Metals Ltd - London-based exploration and development company focused on Australia - Completes reverse circulation drilling at its Gindalbie Gold project, Western Australia. Empire Metals holds the exploration, development and mining rights for the project. Company says four roles drilled the Homeward Bound target returned three ‘very high-grade’ intercepts. Intercepts at the target include: 5 metres at 8.99 grams per tonne of gold from 31 metres downhole, 3 metres at 8.96 grams per tonne of gold from 98 metres downhole and 3 metres at 9.88 grams per tonne of gold from 46 metres downhole.

Current stock price: 1.36 pence, up 39% in London

12-month change: down 43%

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