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Empire Metals Ltd on Tuesday said results for an airborne gravity survey identified the potential for higher grade titanium mineralisation at the Pitfield project in Western Australia. The London-based minerals explorer and developer said a ‘very dense’ core was identified within the 40 kilometres long magnetics anomaly, which indicates ‘thick high-grade iron-titanium mineralised beds or large zones of hematitic iron oxides that may be associated with copper mineralisation,’ the company said. A 1,500 diamond core drill programme is set to begin in September, Empire added. Managing Director Shaun Bunn said: ‘There is clearly potential to discover even higher-grade mineralisation and/or zones of new economic minerals within this high-density core, and we are looking to expand our next reverse circulation drilling campaign to ensure we cover as much of these high-density targets as possible.’ Shares in Empire Metals were up 0.9% at 5.35 pence each in London on Tuesday afternoon. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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