Empire Resources LimitedASX: ERL

Pennys JV Secures $7.5m to Fund Mining to Gold Production

· Issued by Empire Resources Limited

Filed with ASX · · 4 pages · English

Empire Resources Limited (‘Empire’, ASX code: ERL) is today pleased to announce it has signed a binding Term Sheet with Blue Capital Services Pty Ltd (Blue Cap) to fund mining costs needed to bring the Penny’s Find gold mine into full production. In addition, Orionstone, one of Australia’s larger privately owned mining fleet operators and supplier, will provide equipment and services for the open

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