Empire Metals Share Discussion Threads

[saracen3] 16/10/2020 09:23

A reminder of the high grades being targeted

· Acquisition of a controlling interest in a large, high-grade and previously producing mining licence which has been held by one private individual for the past 30 years and has had only cursory modern exploration applied to a very small part of the entire ~300 hectare licence area

· Historical gold production of 954 tonnes @ 24.6 g/t Au for 754.25 oz Au from the Eclipse shaft which operated up to 1910

· Additional gold production from two further shafts:

· Jack's Dream (situated 230m north-west of the Eclipse shaft along strike) was worked from 1907 to 1911 with a total production of 197 tonnes at 23.8 g/t Au for 150.7 oz Au

· Steinhobel shaft (100m along strike from Jack's Dream) produced gold historically (no records are available)

· Recent drilling (2014) has identified high-grade mineralisation all within a 30-metre zone either side of the main Eclipse shaft - highlights include:

· GD008: 7m @ 13.07 g/t Au from 34 metres

· GD014: 12m @ 5.13 g/t Au from 39 metres

· ERC03: 8m @ 3.11 g/t Au from 66 metres

· ERC019: 6m @ 3.92 g/t Au from 87 metres

· The gold mineralisation at Eclipse is open along strike in both directions and at depth and is hosted within quartz-carbonate lodes that run semi parallel to the main shear zone, a structure that can be traced for around 2.5km on the licence

· The Eclipse mine shaft has been recently refurbished and dewatered, allowing immediate access

[juju44] 16/10/2020 09:22

Sour nothing . I hold these - just responding to ramping with no foundation

[saracen3] 16/10/2020 09:14

juju sour grapes

[jackjackpaul] 16/10/2020 09:14

no trade to buy any.. this has the potential to 10 bag+ this year

[juju44] 16/10/2020 09:03

No real rise . They have just stretched the spread

[bspgamer] 16/10/2020 09:01

Ramping now I see

[iloveit] 16/10/2020 08:55

Beautiful blue start this morning...is this the 5p+ day ?This is how it started up to 25p+ from Noricum Gold days a while back.It moves very quickly as there's not much free floating shares .

[seanlander] 16/10/2020 05:37

Feels like this could be on the rise again...

[apfindley] 15/10/2020 16:21

I would hope definitely started by Monday. Be nice to get an rns Friday to set the stock In motion for a weekend of spreading the good word.

[saracen3] 15/10/2020 16:13

Drilling delay announced 10 days ago. Interstate quarantine is 14 days so would expect news that drilling has started any day now. Drilling to prove high grade gold near surface.

[seanlander] 15/10/2020 14:57

1 share sold....is news coming?? Thursday afternoon seems a good time for a top up!!

[seanlander] 15/10/2020 07:45

4.2p target for end of play Friday... chart looking good for another move forward!

[bspgamer] 14/10/2020 15:34

360k buy nice!!

[iloveit] 14/10/2020 15:05

It's 140k @ 3.4

[iloveit] 14/10/2020 15:04

Another nice BUY just gone in 103k .

[seanlander] 14/10/2020 10:02

It's got to be soon!! They must have a start date secured now for the drilling...

[shares188] 14/10/2020 09:44

Could get news end of this week😉

[seanlander] 14/10/2020 09:34

Slow increase on anticipation but any sniff of news and it will launch!

[iloveit] 14/10/2020 09:24

Seems stuck at this price.Drilling needs to start as this is getting boring.

[seanlander] 14/10/2020 09:00

Big interest is growing in Australia! Last few bargain bucket shares will be traded this week. Hold onto your seats after that!! Glah

[seanlander] 14/10/2020 07:43

4p target this week. Glah

[shares188] 13/10/2020 19:35

Let's get to 6 p first

[barts] 13/10/2020 18:16

Only 253 million shares here.....any good news and this could go ballistic IMO...GLA

[mostro] 13/10/2020 17:12

Well put that way Juju44 this can only add to the rollercoaster of Covid and gold/silver stocks that currently make up my weird Portfolio. Nothing would surprise me anymore!!