Business
Central Menzies Gold Project Update
Central Menzies Gold Project Update.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 0798C\n Empire Metals Limited\n 16 June 2021\n \n \n \n \n \n \n \n To view the announcement with the illustrative images please use the following link: \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/0798C_1-2021-6-16.pdf\n \n \n \n \n Empire Metals Limited / AIM: EEE / Sector: Natural Resources\n \n \n 16 June 2021\n \n \n \n Empire Metals Limited \n \n \n ('Empire' or the 'Company')\n \n \n \n Historical drilling results and acquisition of geophysics data fast tracks the development of a geological database for Central Menzies Gold Project\n \n \n \n \n \n Empire Metals Limited, the AIM-quoted resource exploration and development company, is pleased to announce the commencement of exploration activities covering the four exploration licences which comprise the Central Menzies Gold project ('Central Menzies' or the 'Project'), including verification of historical reverse circulation (\"RC\") drilling and the acquisition of airborne geophysical survey data. \n \n \n \n \n \n Highlights:\n \n \n · \n Central Menzies lies within a classic granite-greenstone belt, with mineralisation associated with the regional Menzies Shear Zone. Gold-bearing quartz veins occur along the contact between basalts and sediments. \n \n \n · \n A series of structurally controlled high-grade gold deposits have been historically mined and display extensive exploration potential for high-grade extensions.\n \n \n · \n The locality is under-explored and is directly south along strike of the 15km-long First Hit - Yunndaga line of workings which had a total metal inventory of 1.1Moz of gold.\n \n \n · \n Historically, 777m of reverse circulation drilling has been completed at the property by the current owner, Mel Dalla-Costa, with several high-grade intercepts reported:\n \n \n · \n MCD02: 5m @ 19.59 g/t Au from 30 metres\n \n \n · \n MCD04: 3m @ 5.15 g/t Au from 35 metres\n \n \n · \n MCD10: 2m @ 5.51 g/t Au from 30 metres\n \n \n · \n MCD11: 1m @ 14.18 g/t Au from 48 metres\n \n \n · \n Empire has purchased close-spaced airborne magnetic and radiometric data over the four exploration licences comprising the Project from Kingwest Resources Ltd which commissioned an airborne geophysical survey across the adjacent tenements in Q4 2019. \n \n \n \n \n \n \n Shaun Bunn, ...