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Drilling to Commence: Central Menzies Gold Project
Drilling to Commence: Central Menzies Gold Project.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 0908J\n Empire Metals Limited\n 19 August 2021\n \n \n \n \n To view the announcement with the illustrative images please use the following link: \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/0908J_1-2021-8-18.pdf\n \n \n Empire Metals Limited / AIM: EEE / Sector: Natural Resources\n \n \n 19 August 2021\n \n \n \n Empire Metals Limited \n \n \n ('Empire' or the 'Company')\n \n \n \n Drilling to Commence at the 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 a \n Reverse Circulation ('RC') drilling campaign at the Central Menzies Gold Project ('Central Menzies' or the 'Project'). The drilling campaign follows the successful completion of a soil sampling programme at the Project, and a review of the historical drillhole database which identified two mineralised corridors with elevated gold concentrations, known as the Teglio and Nugget Patch prospects.\n \n \n \n \n \n Highlights:\n \n \n · \n An RC drilling programme of over 2,100 metres has been designed for Central Menzies and is expected to be completed in September, keeping the fast-track development of the Project on schedule and within budget.\n \n \n · \n The recently purchased high-resolution magnetic data has been useful in providing the location and extent of the shallow ironstone cover across the licence area and provided focus for the soil geochemical sampling programme just completed.\n \n \n · \n The areas selected for soil sampling represented areas of the greatest prospectivity based on the location of historical workings as well as areas of limited previous drilling.\n \n \n · \n Anomalies from basement geology have been identified in ironstone-free areas at the historical Teglio workings and other mineralised corridors are evident from the existing drill dataset.\n \n \n · \n Two of these mineralised corridors have been identified for immediate RC drilling (Teglio and Nugget Patch) based on elevated gold concentration within the licence and the potential to generate significant strike and lateral extension from old workings.\n \n \n \n \n \n \n Shaun Bunn, Managing Director, said:\n \n \n \"The technical focus and determined effort made by our geological team to identify dri...