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Empire Resources Ltd.
Summary
| Project: | Yuinmery | |
|---|---|---|
| Deposit: | Yuinmery | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 3/11/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2020: Empire Resources Ltd. announces an Exploration/Drilling Update report for its Yuinmery deposit at the Yuinmery project. Drilling results incl. 28m @ 0.60% Cu, 0.20g/t Au from 32m. Empire Resources Limited (“Empire” or the “Company”) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Shane Tomlinson (Independent) | |
| ABSTRACT: | Empire Resources Limited (“Empire” or the “Company”) is pleased to report that reverse circulation (RC) drilling has returned strong copper-gold mineralisation within the newly identified >3.5km long copper/gold horizon at the Company’s Yuinmery Copper-Gold Project1. Results include 28m @ 0.60% Cu & 0.20g/t Au from 32m including 8m @ 1.09% Cu & 0.37g/t Au from 44m (YRC20-03) and 24m @ 0.54% Cu & 0.08g/t Au from 56m including 4m @ 0.89% Cu & 0.12g/t Au from 56m (YRC20-02) at prospect YT01. The >3.5km target horizon recently identified by the Company is notable for its lack of modern exploration activity. The results from the RC drilling confirm continuity of mineralisation first identified in late 2019 by Empire from aircore drilling and demonstrates the potential for discovery of multiple copper-gold deposits within this horizon. Drilling at Smiths Well returned a broad down hole intercept in sulphide mineralisation of 68m @ 0.37% Cu & 0.13% Ni from 50m (YRC20-10), including 1m @ 1.26% Cu from 60m; 1m @ 1.03% Cu & 0.23% Ni from 67m; and, 2m @ 1.22% Cu from 91m. Smiths Well demonstrates the potential for additional sulphide copper-nickel discoveries to be made within the Yuinmery Project. | |
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