Empire Metals Share Discussion Threads

[goforgold1] 27/3/2024 11:29

You were told this would collapse. To 6p then 5p then 4p

[goforgold1] 27/3/2024 11:28

Wow just came to have a look total wipe out . Lol years away from any type of commercial production. Scam Scam coming

[geko5trade] 27/3/2024 11:22

OneDayRodders, agree it has that feel of a line of stock being liquidated come what may. On a small stock that sends news and charts out the window, ‘til it’s over that is. It also drags in any weak hands as you say. It only takes someone with a contact in the right place to jump in with a negative campaign to look clever. Maybe since there’s been a proliferation of negative threads and mindless trashing posts. Im not referring to serious posters obviously.

[bspgamer] 27/3/2024 11:22

I totally agree with you, but it will great to hear from the horses mouth and clearly put this subject to bed and shut up all the negativity on here and LSE

[apotheki] 27/3/2024 11:20

Just saying like....

[apotheki] 27/3/2024 11:19

Being really straight with all of you....I would listen to the highly respected mining analyst John Meyer at share price Angel....rather than a pi aka Charles Archer on X formally known as Tw*tt*r

[bspgamer] 27/3/2024 11:04

Crazy the share price on the back of that really good RNS

[apotheki] 27/3/2024 11:00

The more clarification the better bspgamer although having stated that the highly rated mining analyst John Meyer at the mining brokers share price Angel appears to be pretty upbeat on EEE's prospects moving forwards!

[saracen3] 27/3/2024 10:51

Broker share price Angel daily note de-risking the project,

Conclusion: Today’s Development Plan provides a path for Empire to progress and derisk the Pitfield titanite project following the its discovery within a large, sedimentary titanium mineralised system.

Drilling set to be completed in June will open the door to a JORC Exploration Target supported by 51,000m of RC and 4,000m of diamond core drilling. Note, no cut-off grade is applied to JORC Exploration Targets.

Management has reiterated their target of a 2025 delivery of the demonstration plant, which is intended to further derisk the project by proving a route to commercial production of the titanite, likely through low temperature acid leaching.

This will be followed by a JORC maiden MRE ‘Mineral Resource Estimate’ when the team are able to justify a suitable cut-off grade as required for the estimation of the JORC MRE.

We look forward to further updates as the Company, recently bolstered by an expert titanium metallurgical team, progresses the asset with metallurgical testwork.

[bspgamer] 27/3/2024 10:51

Let the company come forward and stamp this out, they are very aware of it. I spokeTo my broker, I hope it gets stamped out in a statement or on a interview

[apotheki] 27/3/2024 10:50

SP Angel . Morning View .

Empire Metals provides an update on its planned route to the potential commercialisation of the Pitfield Titanium Project.

The Company is currently undertaking the Phase 3 RC drilling campaign over 40 holes, targeting two high-grade, shallow zones of mineralisation for potential open pit development.

Management is guiding towards a 2025 construction for the Demonstration Plant.

However, in the meantime, several milestones will be targeted over the next six to twelve months to further derisk the project.

Mineralogical Studies:

Empire has to date established that a calcium titanite silicate mineral is the most abundant titanium mineral in the orebody.

Going forward, Empire has engaged with Curtin University and CSIRO to further develop their understanding of the titanium mineralisation, alongside grade control, hydrothermal alteration and formational conditions.

This work is expected to start over the next month and provide results in 4Q24.
Metallurgical Testwork

Preliminary metallurgical testwork has suggested potential for conventional leaching through low temperature sulphuric acid/hydrochloric acid to dissolve titanite and liberate the Ti ‘titanium̵7; into solution.

Today Empire announces a process development programme, intended to test various favourable options for processing titanium ore and produce a maximum value Ti product.

Focus of the programme will target ore characterisation, grain size, breakage properties, hardness, and leachability.

Beneficiation tests will explore options for separation, including gravity and magnetic separation alongside froth flotation.

Hydrometallurgy tests will explore the route to bringing the Ti-bearing and gangue minerals into solution, before optimising leach solution chemistry for final product finishing.

Final Product testwork will explore optionality for providing TIO2 product designed for the pigment industry, with the programme intended to select one optimal product for Pitfield to produce.

Demonstration Plant

The demonstration plant, targeted for next year, is intended to confirm the potential for successful titanium extraction through an economic process.

This will collect data to be used towards full-scale design and provide optionality for the optimisation of the Pitfield flow sheet in the lead up to DFS-level work.

Exploration Target and maiden MRE

Empire also announces today it will work towards providing a JORC-code Exploration Target for the two high-grade, shallow lying bedded sandstone zones currently subject to Diamond and RC drilling.

These programmes are set to finish in June, which will support resource progression.
Management states that the project is ‘well on its way to being able to provide a maiden MRE at Pitfield.’

Over 100 RC holes across 15,000m and seven diamond core holes over 2,000m will have been completed by June.

Today’s plan accounts for an additional 36,000m of RC drilling and 2,000m of Diamond Core drilling set to begin in 4Q24, providing a necessary drill data for an MRE.

As regards mining studies, Empire will look to examine various mining techniques as part of today’s development plan, commencing later this year.

Permitting and Government Funding Support

Empire has begun a review of permitting requirements for the Demonstration Plant, which may potentially require a small-scale mining permit.

Engagement with stakeholders and relevant government authorities has been initiated.
Management will look to tap into government grants and rebates, including the $1.25bn worth of low-cost non-recourse loans available from the Federal Government.

Empire has hired three titanium experts to progress the Development Plan, including development manager Narelle Marriott.

[jelignite] 27/3/2024 10:47

I did and yes I did consider that last night

[gta5] 27/3/2024 10:32

jelignite, look up the definition on "Mineral Sands".

[thanatos abysss] 27/3/2024 10:28

Syme ponggggggggggg

[thanatos abysss] 27/3/2024 10:28

RR glorious

[institutional investments] 27/3/2024 10:21

Nothing to turn her prior

[institutional investments] 27/3/2024 10:21

3s mid soon Enough

[jelignite] 27/3/2024 10:20

But would be nice for a 100% clarification

[jelignite] 27/3/2024 10:18

As I am reading it, it is soft rock.

[onedayrodders] 27/3/2024 10:15

Selling has nothing to do with the news today or any day juju

It's 'blind' selling for whatever reason someone is liquidating their position and panicking the lemmings to boot. Whoever is selling is probably not even aware of today's RNS and is just getting on with it.

Considering all is on track, it smacks of a desperate margin call or something similar. Anyway Sean's got a cunning plan and thankfully it's NOT one of Baldrick's.

[klosters65] 27/3/2024 10:12

EEE must be confident.They are in the process of building up a professional experienced team to manage the project.

[saracen3] 27/3/2024 10:11

Guessing rollover Thursday is today due to Easter. Traders having to sell or rollover.

[juju44] 27/3/2024 10:02

Now that news should soon get us to a bottom