Aircore Drilling Recommences At Penny’s

Empire Managing Director, Sean Richardson commented:

“Empire is pleased to be drilling again at our Penny’s Gold Project east of Kalgoorlie where we encountered excellent gold in assays during our September 2022 aircore drill campaign. Strong gold results received from 1m samples taken from the original 4m drilling composites further reinforces the potential for the project and gives confidence to continue drilling.

“This aircore drilling program follows up the results of the September 2022 drilling by testing the lateral and strike extents of the identified mineralisation. The results from this campaign will contribute to the identification of deeper primary mineralisation targets.

“The potential of the Penny’s Gold Project continues to grow with each campaign, we look forward to delivering market updates as our exploration progresses.”

The campaign will take approximately 2 weeks to complete with laboratory assay returns expected approximately 6 weeks following thereafter.

The Penny’s Gold Project targets lie immediately adjacent to and along strike of the existing 270,000t @ 4.99g/t Au for 43,000oz [2] Resource at the Penny’s Find Gold Mine. Empire is entitled to royalties on gold production from mining operations undertaken at the Penny’s Find Gold Mine which is owned by Horizon Minerals Limited (ASX:HRZ).

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