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Empire Resources (ASX:ERL) restarts RC drilling at Yuinmery, WA

ASX News, Materials
ASX:ERL      MCAP $5.935M
15 February 2023 14:58 (AEDT)

Samples at the Yuinmery project, Western Australia. (2022) Source: Empire Resources

Empire Resources (ERL) has restarted reverse circulation (RC) drilling at its Yuinmery project in Western Australia.

The company completed a 924-metre RC drilling campaign, testing highly prospective copper and gold targets.

Empire Managing Director Sean Richardson said the restart follows on from “encouraging” copper and gold mineralisation discovered in last year’s drilling campaigns.

“Mineralisation at Yuinmery has been observed within broad zones of massive to disseminated pyrrhotite-chalcopyrite-pyrite and pyrite-chalcopyrite sulphides, demonstrating the compelling nature of these exploration targets,” he said.

“This RC drilling program aims to test for strike extents to the highly prospective YT01 prospect, where we have already identified a deep, wide zone of copper mineralisation.”

“The results from this campaign will contribute to assessing the extents of the mineralisation, providing vector data for future targeted drilling campaigns,” Mr Richardson added.

The “encouraging” copper and gold assays appeared from within two broad pyritechalcopyrite sulphidic zones at the YT01 prospect.

The YT01 Prospect resides roughly 1.5 kilometres along strike of Empire’s Just Desserts deposit, which hosts a current JORC 2012 resource of 2.52 million tonnes at 1.31 per cent copper and 0.49 grams per tonne gold.

Drilling at YT01 targeted the strike 100 metres east and west of the identified mineralisation. It was extended to reach 220 metres in depth, testing for untapped sulphide mineralisation.

Empire said geological logging, sample collection and sample submissions will be completed in the coming days, with assays expected in around six weeks.

ERL shares remained steady, trading at 0.7 cents at 2:55 pm AEDT.

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