Empire Metals Identifies High-Grade Titanium Mineralization Potential at Pitfield Project
Empire Metals Ltd has reported promising results from an airborne gravity survey conducted at the Pitfield project in Western Australia, suggesting the presence of higher-grade titanium mineralization. The London-based minerals explorer and developer noted the identification of a "very dense" core within a 40-kilometer-long magnetic anomaly. This core indicates the possible presence of thick high-grade iron-titanium mineralized beds or extensive zones of hematitic iron oxides, which may be associated with copper mineralization, as stated by the company.
Empire Metals is gearing up for a 1,500-meter diamond core drilling program scheduled to commence in September. Managing Director Shaun Bunn expressed optimism about the discovery, saying, "There is clearly potential to discover even higher-grade mineralization and/or zones of new economic minerals within this high-density core, and we are looking to expand our next reverse circulation drilling campaign to ensure we cover as much of these high-density targets as possible."
Shares of Empire Metals saw a 0.9% increase, trading at 5.35 pence each in London on Tuesday afternoon.
May also be interesting: "Russian Scientists Improve Processing Method for Low-Grade Aluminum Raw Materials"