Next Phase to Commence at Eclipse Gold Project

Empire Metals Limited / AIM: EEE / Sector: Natural Resources

17 March 2021

Empire Metals Limited ('Empire' or the 'Company')

Next Phase to Commence at Eclipse Gold Project

Empire Metals Limited, the AIM-quoted exploration and resource development company, is pleased to confirm that the next phase of works at the Company's Eclipse Gold Project, located 55km north-east of Kalgoorlie, Western Australia ('Eclipse' or the 'Project'), as announced on 16 March 2021, is fully funded and will commence very soon. 

Re-Start of Drilling

The reverse circulation ("RC") drilling component of the next phase of work at Eclipse is expected to commence next week followed by the diamond drilling in early April. The latter will generate sample for further studies, including geotechnical logging and metallurgical testing.  Everything outlined in this phase of work, including the RC drilling, resource modelling and pit optimisations, diamond drilling and metallurgical testwork, is fully funded.

Mike Struthers, Director of Empire Metals, said: "We are very pleased to be able to start to execute this next phase of fully funded work at Eclipse within the next few days.  As noted in our recent press release, we believe this phase will allow the Company to map out the path to an initial open pit operation, along with improved definition of possible extensions to resources and the scope for additional future open pits and we look forwards to providing more information on progress in due course."

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.