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Empire Metals to commence diamond drill at Thomas prospect, Pitfield

ALN

Empire Metals Ltd on Wednesday announced it will commence a diamond drilling campaign on Monday next week at the Thomas prospect, located within the Pitfield titanium project.

The Australia-focused, London-based mining firm said the programme consists of approximately 1,000 metres of drilling across 10 holes.

The drill campaign has been designed to test Thomas’ high-grade titanium dioxide-rich core, after the results of a maiden mineral resource estimate in October found ‘one of the largest and highest-grade titanium resources reported globally’, according to the company.

Wallis Drilling Pty Ltd was awarded the contract to undertake the drilling, which will run until the end of December. Assay results are expected in January 2026.

By early 2026, Empire Metals plans to have completed the metallurgical and initiate pilot-scale testwork programmes and to commence the next phase of large-scale drilling.

The company said it is also preparing ‘to advance early engineering, environmental and permitting studies to support a development pathway at Pitfield.’

Managing Director Shaun Bunn said: ‘We are pleased to commence this important diamond drilling campaign at Pitfield, focused on testing the high-grade titanium dioxide-rich central zone of the Thomas prospect and delivering both metallurgical and geotechnical drillcore samples which are essential for our ongoing project development studies.

‘Following the recently announced £7 million capital raising, the company is well funded and has set its sights on swiftly completing this next round of drilling, accelerating the metallurgical testwork programmes and moving into continuous pilot-scale testwork in early 2026 in order to deliver high-purity titanium dioxide product samples to potential end users and to support our ongoing engineering and economic studies.’

Shares in Empire Metals were down 1.7% at 33.44 pence on Wednesday morning in London.

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