- Empire Resources’ (ERL) Yuinmery Project in WA is continuing to deliver high-grade copper-gold and copper-nickel results
- Last month, the company completed a seven hole drill program to test for copper-gold sulphide mineralisation at the YT01 Prospect
- Empire also followed-up on encouraging results from the January drilling program at Smith Well
- Results peaked as high as 0.73 per cent copper, 0.32 per cent nickel, 0.04 per cent cobalt, and 0.37 grammes per tonne gold
- Downhole electromagnetic surveys are now planned at both prospects
- Empire is trading flat at 0.9 cents each
Empire Resources’ (ERL) Yuinmery Project in Western Australia is continuing to deliver high-grade copper-gold and copper-nickel results.
In March this year, Empire completed a seven hole reverse circulation (RC) drill program to test for copper-gold sulphide mineralisation at the YT01 Prospect.
Drilling also followed-up on encouraging RC results from the January drilling program at Smith Well.
Empire discovered YT01 in late 2019 after it collected and analysed historical geochemical, geological mapping, geophysics, and drilling data.
By the end of the year, Empire undertook maiden aircore exploration drilling in this area and identified copper-gold anomalism.
In January 2020, Empire completed its maiden RC drilling program at the YT01 and YT19 prospects.
Significant results include 30 metres at 0.50 per cent copper and 0.07g/t gold from 108 metres including 12 metres at 0.73 per cent copper and 0.10g/t gold from 112 metres, and four metres at 0.82 per cent copper and 0.11g/t gold from 56 metres.
These results have shown the excellent potential for new discoveries of copper-gold mineralisation.
Downhole electromagnetic (DHEM) geophysical surveys are now being planned for the June quarter.
These surveys will test for electromagnetic signatures that are commonly associated with sulphide mineralisation.
Any promising results will help Empire design future drilling programs to target the sulphide mineralisation.
Smith Well Prospect
The Smith Well Prospect is a historic copper-gold prospect that recently intersected anomalous nickel.
Two holes were drilled in the March quarter to confirm the down-dip and orientation of the mineralisation.
Significant intercepts include 0.28 per cent nickel and 0.03 per cent cobalt from 86 metres including four metres at 0.61 per cent copper, 0.32 per cent nickel and 0.04 per cent from 94 metres.
Further exploration is now required to make a definitive assessment of the prospect and the mineralisation.
One metre samples from this program have been collected and submitted for analysis.
Extra drilling has been planned for Smith Well in to continue testing the extent and orientation of mineralisation.
Subject to results, DHEM surveys have been planned for the June quarter. These will test off-hole electromagnetic sulphide mineralisation.
“RC drilling at Yuinmery continues to return excellent results. The results from drilling reaffirms the company’s view that the Yuinmery Project has strong potential to host multiple copper-gold and copper-nickel deposits,” Managing Director Sean Richardson commented.
“The excellent results from drilling at YT01 highlight the potential for discovery of new copper-gold deposits within the new souther horizon,” he said.
“Meanwhile, Smith Well continues to demonstrate potential with more broad zones of sulphide mineralisation returned from this prospect,” he added.
Empire closed the day in the grey with shares trading at 0.9 cents each.