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Very High-Grade Intercepts Reported at Gindalbie
Very High-Grade Intercepts Reported at Gindalbie.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 4376G\n Empire Metals Limited\n 30 March 2022\n \n \n \n \n To view the announcement with the illustrative images please use the following link: \n http://www.rns-pdf.londonstockexchange.com/rns/4376G_1-2022-3-29.pdf\n \n \n \n \n \n Empire Metals Limited / AIM: EEE / Sector: Natural Resources\n \n \n 30 March 2022\n \n \n Empire Metals Limited \n \n \n ('Empire' or the 'Company')\n \n \n \n \n \n Very High-Grade Intercepts Reported: Gindalbie Gold Project\n \n \n \n \n \n Empire Metals Limited, the AIM-quoted resource exploration and development company, is pleased to provide an update on the reverse circulation ('RC') drilling programme recently completed at the Gindalbie Gold Project in Western Australia ('Gindalbie' or the 'Project'), over which Empire holds a Tribute Agreement granting exploration, development and mining rights. \n \n \n \n \n \n Highlights:\n \n \n \n ·\n 1,676m of RC drilling completed, focused mainly on known mineralised trends based on historical workings, soil geochemistry mapping and previous RAB/RC drill results, being Homeward Bound, Laurel-Bulletin, South Gippsland #3, Golden Puzzle and Bud's Find.\n \n \n · \n Of the four RC holes drilled at the Homeward Bound target, three reported very high-grade intercepts\n :\n \n \n Ø \n \n 5m @ 8.99 g/t Au from 31m downhole, including 1m at 40.90 g/t Au\n \n \n \n Ø \n \n 3m @ 8.96 g/t Au from 98m downhole, including 2m at 13.28 g/t Au\n \n \n \n Ø \n \n 3m @ 9.88 g/t Au from 46m downhole, including 1m at 26.20 g/t Au\n \n \n \n and the fourth hole encountered 2m at 3.0 g/t Au from 43m downhole. \n \n \n · \n Significant intercepts were also reported at Bud's Find and Laurel-Bulletin:\n \n \n Ø \n \n 3m @ 1.15 g/t Au from 27m downhole at Laurel\n \n \n \n Ø \n \n 2m @ 0.64 g/t Au from 89m downhole at Bud's Find\n \n \n \n \n \n \n \n Shaun Bunn, Managing Director, said:\n \n \n \"We are extremely pleased with the results from our initial drilling campaign at Gindalbie, which was a purely speculative effort aimed at identifying priority targets for further, more detailed exploration activities. To hit such high-grade shoots at Homeward Bound on the first pass is very encouraging, and to have a 100% success rate on all four holes drilled at this target bodes well for future, more tar...