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- Empire Resources (ERL) commences diamond core drilling at its Yuinmery copper-gold project in Western Australia
- The 1800-metre drilling program will target extensions to mineralisation at the Smiths Well, YT01 and Constantine prospects, which showed potential mineralisation in a July drilling program
- From previous results, Smiths Well may host economic mineralisation at depth
- On the market, Empire Resources is trading in the grey at 1.1. cents per share
Empire Resources (ERL) has commenced diamond core drilling at its Yuinmery copper- gold project in Western Australia.
The 1800-metre drilling program will target extensions to mineralisation at the Smiths Well, YT01 and Constantine prospects, which showed potential mineralisation in a July drilling program.
The July program included 2244 metres of reverse circulation drilling
Results from the recent drilling program included 16 metres at 0.51 per cent copper, 0.16 per cent nickel and 0.031 per cent cobalt from 255 metres.
The result reported above is from Smith’s Well and are the deepest mineralised intercepts drilled to date.
Commenting on the results is Managing Director Sean Richardson.
“The commencement of diamond drilling at Yuinmery is an exciting development for the
company. The diamond core will provide crucial lithological and structural data essential in understanding the localisation of mineralisation at Yuinmery,” he said.
“This is an important exploration phase at Yuinmery, and we look forward to updating the
market as results become available. The results of the drilling are expected to be available
during the March quarter of 2022.”
On the market, Empire Resources was in the grey and trading at 1.1. cents per share at 3:10 pm AEDT.
