Empire Metals Share Discussion Threads

[apotheki] 27/3/2024 07:20

Shaun Bunn, Managing Director, said: "I am pleased to provide an update on our development plans, which are aimed at progressing Pitfield from maiden discovery to a commercial mining operation as quickly and smoothly as practicable. We recently reported (5 March 2024) the results of our preliminary technical studies, which show favourable mineralogy and metallurgy in the high-grade titanium samples drilled at Pitfield; giving us confidence that a highly concentrated titanium product can be delivered by a relatively simple processing facility which can be located at site. The Company has rapidly moved from an early exploration phase to project development, largely thanks to the extremely large yet very simple, consistent and continuous nature of this giant bedded titanium-rich mineral system, not unlike other basin-hosted, bedded soft-rock type mineral deposits, such as potash.

"I am particularly pleased to announce further appointments to our small but talented development team. Our recently appointed Commercial Manager, Mr David Parker, and our Environmental Manager Ms Carrie Pritchard (who arrives 20 April 2024) bring additional invaluable industry development experience to the team as we push Pitfield towards commercialisation. We will continue to build up our in-house skills so that we retain responsibility for, and ownership of, the project activities inclusive of building important stakeholder relationships and retaining intellectual property developed along the way."

[apotheki] 27/3/2024 07:15

Highlights

· Diamond Core drilling focused on confirming the continuation of near surface, high-grade titanium mineralisation identified by previous drilling and surface sampling now complete. Logging and sampling of the drill core is ongoing.
· Third phase of Reverse Circulation ('RC') drilling is well underway with two RC rigs on site at Pitfield, this 40-hole programme focussed on testing and delineating the two known zones of high-grade, bedded mineralisation.
· The Company is working towards commencing the design and construction of a Demonstration Plant in 2025, and in parallel advancing all aspects of the project development plan, which includes a number of key milestones over the next 6-12 months. The achievement of each of these milestones will incrementally de-risk the project and together will unlock significant value.
· These milestones include:
o Definitive mineralogical characterisation studies of titanium mineralisation and related host alteration mineral assemblages to further aid both on-going metallurgical studies and exploration targeting of high-grade zones;
o Definitive metallurgical characterisation studies to establish ore character, beneficiation steps to separate titanium bearing minerals from gangue minerals, titanium minerals leachability and solution chemistry, and final TiO2 product assessment;
o Finalising a process flowsheet and Demonstration Plant design that will establish, confirm and provide valuation metrics for an economic process and resultant high-value saleable product;
o Definition of a maiden JORC-compliant Mineral Resource Estimate that will provide the basis for a mining option study and eventual ore reserves;
o Completion of a Mining Option Study that will form the basis for a conceptual mine plan;
o Permitting and government funding review to establish permitting routes for the Demonstration Plant and subsequent mine operations and sources of government funding and support along the way.
· The project development team has been bolstered by the appointments of an Environmental Manager and a Commercial Manager, who will jointly manage many critical project related activities including government liaison for project permitting and funding, commercial and legal compliance, land access management and community stakeholder relations, including landowners, indigenous groups and local government agencies.

[apotheki] 27/3/2024 07:14

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

Development Plan Highlights Simple, Expedited Route to Commercialisation
Additional Senior Appointments Strengthen Development Team

Empire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, is pleased to advise the market of the key milestones expected over the next twelve months, as Empire advances the Pitfield Project ('Pitfield'), located in Western Australia, towards commercialisation. In line with this objective, the Company is also pleased to announce the addition of two experienced mining industry specialists to the development team.

[bspgamer] 27/3/2024 07:14

No messing around with SB, I smell government funding all the way to production

[bspgamer] 27/3/2024 07:11

Empire Metals Ltd - Pitfield Development Plan #EEE @Empiremetalsltd https://www.voxmarkets.co.uk/rns/announcement/bc50087c-d777-4436-8c9f-06427d422571 #voxmarkets