Business
Exploration Activities Commence: Pitfield Project
Exploration Activities Commence: Pitfield Project.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n \n \n \n \n To view the announcement with the illustrative images please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/3683P_1-2022-6-17.pdf\n \n \n \n \n \n Empire Metals Limited /\n LON\n : EEE / Sector: Natural Resources\n \n \n 20\n June 2022\n \n \n \n Empire Metals Limited\n \n \n \n \n \n \n \n \n \n Exploration Activities Commence at the Pitfield Copper-Gold Project\n \n \n \n \n following the confirmation of strong magnetic stratigraphy/alteration\n \n \n \n \n \n \n Empire Metals Limited (LON: EEE),\n the AIM-quoted resource exploration and development company,\n is pleased to announce the commencement of its exploration activities at the\n 615km2Pitfield Copper-Gold Project ('Pitfield'), located in Western Australia.\n \n \n \n \n \n Highlights\n \n \n ·\n Start of exploration - the Pitfield project is hosted by Neoproterozoic rocks\n coinciding with\n a globally important copper mineralisation era known for major copper (\"Cu\") - gold (\"Au\") deposits such as Newcrest Mining Ltd's Telfer Mine, Rio Tinto's Winu Project and the Havieron project (a joint venture between Newcrest Mining Ltd and Greatland Gold).\n \n \n ·\n Multiple proximal historic copper mines and prospects including the historic Baxters copper mine at Arrino, which lies along strike, and produced 106 tonnes of copper at a grade between 20-30% Cu. The f\n avourable geology of the basin has previously attracted major mining companies, including Kennecott, Carpentaria (MIM), BHP and CRA\n .\n \n \n ·\n Two highly experienced airborne geophysical survey companies engaged wh\n ich\n will separately complete an airborne electromagnetic survey and an airborne magnetic across the Pitfield tenement area.\n \n \n ·\n Confirmed strong magnetic stratigraphy/alteration within the project area in\n regional magnetic surveys flown at 200m line-spacing.\n \n \n ·\n Plans for a more detailed magnetic survey to cover the main area of enhanced magnetic response, which will provide valuable structural/stratigraphic details and context to geochemical exploration data to assist with prospect-scale on ground target definition.\n \n \n ·\n Empire is also planning an airborne electro-magnetic survey, which covers the entire project area on 400m line spacing. The key objective is to map the geology of the Yan...