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Empire Metals Ltd - London-based minerals explorer and developer - Says that maiden reconnaissance drilling programme confirms extensive titanium-rich minerals associated covering virtually the entire 40 kilometre by 8.0 kilometre magnetics anomaly found in September 2022 aeromagentic data at its Pitfield project, Western Australia. Empire Metals said Pitfield has the potential to be one of the largest primary titanium mineral sources in the world. Empire Metals notes that titanium is on the ‘critical mineral list’ in countries including the US, EU, Japan and Australia. Managing Director Shaun Bunn said: ‘We are extremely excited by the economic potential of this discovery and are 100% focused on building on our initial success through further drilling to confirm the extent of this giant [titanium dioxide] enriched mineral system.’ Current trading share: 1.72 pence, up 7.5% 12-month change: up 38% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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