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Empire Metals Limited (LON:EEE)(OTCQB:EPMLF),the AIM-listed and OTCQB-traded resource exploration and development company,is pleased to announce highly successful results from its recently completed Air Core ('AC') drilling programme at the Pitfield Project in Western Australia ('Pitfield').
This latest phase of drilling has further defined widespread and continuous, high-grade titanium dioxide ('TiO₂') mineralisation within the in-situ weathered cap, extending from surface to depths of over 50 metres. These results represent the next step in developing a globally significant titanium resource at Pitfield whilst also delivering significant bulk sample material for further processing testwork.
Highlights
- 85 AC holes drilled over 4,437m, with 43 holes at Thomas and 42 holes at Cosgrove Prospects.
- Broad, continuous, high-grade zones identified in every hole, with an average weathered interval grade of 5.77% TiO₂.
- Standout intercepts include:
- 60m @ 6.30% TiO₂ from surface (AC25COS001)
- 56m @ 7.15% TiO₂ from surface (AC25COS042)
- 51m @ 7.88% TiO₂ from surface (AC25TOM039)
- 57m @ 7.48% TiO₂ from surface (AC25TOM040)
- 52m @ 7.43% TiO₂ from surface (AC25TOM042)
- Cosgrove Prospect revealed multiple zones exceeding 10% TiO₂, including 14m @ 11.66% TiO₂ from 2m depth.
- Thomas Prospect continues to impress with intercepts including 49m @ 7.49% TiO₂ and rich internal zones up to 11.67% TiO₂.
This campaign not only delivered over 70 tonnes of metallurgical bulk samples but also produced analytical data that will directly inform the planning of a maiden JORC-compliant Mineral Resource Estimate, targeted for Q3 2025.
Total drilling at Pitfield has surpassed 22,000m across 202 holes, providing a robust geological foundation ahead of resource definition.
Shaun Bunn, Managing Director, said:"These exceptional results demonstrate the sheer scale and quality of titanium mineralisation at Pitfield. The consistency of high-grade intervals from near-surface, along with the depth and continuity of weathering, has surpassed our expectations. The bulk samples will now feed directly into upscaled metallurgical testwork aimed at fast-tracking product development."
AC Drill Results Summary
The drilling campaign consisted of 85 AC drillholes for a total 4,437m drilled, that both tested the extent of, and bulk sampled, the high-grade zones of titanium mineralisation that were previously discovered within the strongly weathered cap covering this giant, titanium-rich mineral system.
The drilling focused on areas within the Thomas and Cosgrove Prospects. These areas contained thick, highly weathered in-situ zones of high-grade titanium mineralisation, previously identified from reverse circulation ('RC') and diamond drillholes ('DD'). The total combined drilling covered an area over 60 hectares, on a 100m by 100m grid, with the following key results:
Thomas Prospect:
- 43 AC drill holes for a total 2,326m, drilled
- Average hole depth of 54.1m
- Average grade of 6.20% TiO2 from 1,148 samples
Cosgrove Prospect:
- 42 AC drill holes for a total 2,111m drilled
- Average hole depth of 50.3m
- Average grade of 5.34% TiO2 from 1,060 samples
Two drill holes at each prospect were "twin holes", designed to validate the geological and assay data quality of the AC drill holes, focusing on the weathered portion of three existing RC drillholes and one diamond core drill hole located within the target areas.
The drill programme confirmed thick, strongly weathered zones of high-grade titanium mineralisation of between 7% and 10% TiO2 at both the Thomas and Cosgrove Prospects, with assays peaking up to 18% (refer Table 1). Importantly, all drill holes confirmed continuous mineralisation, with an average grade of 5.79% TiO2 from 2,208 samples.
Table 1: Significant intercepts from February 2025 AC Drilling
Pitfield Project Combined Drilling Summary 2023-2025
The Company completed its maiden reconnaissance drilling programme at the Pitfield Project in early 2023 (announced 24 April 2023), which consisted of 21 RC drill holes focused mainly to the north of the giant mineral system, near Mt Scratch. The Company executed two further drill campaigns in late 2023, a three-hole DD drill programme, which confirmed the mineralisation to a depth of over 350m below surface (announced 20 November 2023) and a 40-hole RC drill programme which confirmed the high-grade, near surface mineralisation at what is now referred to as the Thomas and Cosgrove Prospects (announced 22 January 2024).
Further RC and DD campaigns were carried out in early 2024, which identified the much higher grade, in-situ weathered cap and confirmed the presence of clean, titanium dioxide minerals (anatase and rutile) which occur as a result of the natural weathering of the interbedded in-situ sediments near surface (announced 5 June 2024). A subsequent DD drilling campaign (announced 24 October 2024) encountered extensive weathered zones from very near surface to depths of around 60 metres, nearly double that previous encountered at the Cosgrove and Thomas prospects, confirming the extremely soft and friable nature of the bedded sandstones in this weathered zone.
With the successful completion of the recent 85-hole AC drilling campaign the total exploration drilling completed at the Pitfield Project now stands at:
Figure 1 below shows all the prior drill holes across the mineralised system and the recent AC drilling at the high-grade target areas within the Cosgrove and Thomas Prospects.
Figure 1. Pitfield Project Drill Hole Collar Location
February 2025 AC Drilling Programme
Cosgrove Prospect
Drilling at Cosgrove was focused on a priority area off approximately 500m by 600m (refer Figure 2).
The weathered zone interval width from this drill programme confirmed previous drilling in the area, however the average TiO2 grades for each drill hole were higher than any prior programme.
There are broad zones of high-grade mineralisation over the weathered zone, for example 60m at 6.30% TiO2 from surface [AC25COS001] and 56m @ 7.15% TiO2 from surface [AC25COS042]. The depth of weathering of the Cosgrove drill area was shown to be on average 50.1m and contains very high-grade intervals of mineralisation of up to 18% TiO2.
There are broad zones of high-grade mineralisation close to surface, for example 14m at 11.66% TiO2 from 2m [AC25COS036] and 18m at 10.00% TiO2 from 10m [AC25COS036].
All 42 drill holes confirmed the continuity of high-grade TiO2 mineralisation, with total hole average grades ranging from 3.48% to 7.15% TiO2. The overall average grade from the 1,060 assayed samples is 5.34% TiO2.
Figure 2. Air Core drillhole collar locations within the Cosgrove Prospect priority area.
Thomas Prospect
Drilling at Thomas was focused on a priority area of approximately 300m by 1,000m (refer Figure 3).
The depth of weathering at Thomas was consistently deeper than that encountered at Cosgrove, with the deepest AC drill hole reaching 66m from surface.
There are broad zones of high-grade mineralisation over the weathered zone, for example 57m @ 7.48% TiO2 from surface [AC25TOM040] and 49m @ 7.49% TiO2 from surface [AC25TOM021]. There are broad zones of high-grade mineralisation close to surface, for example 16m at 10.00% TiO2 from 6m [AC25TOM040] and 14m at 10.06% TiO2 from 4m [AC25TOM041].
All 43 drill holes confirmed the continuity of high-grade TiO2 mineralisation, with total hole average grades ranging from 4.41% to 7.88% TiO2. The overall average grade from the 1,148 assayed samples is 6.20% TiO2.
Figure 3. Air Core drill hole collar locations within the Thomas Prospect priority area.
Next Steps:
Acceleration of Mineral Resource Estimate ('MRE') Drill Programme
Based on the highly encouraging AC drill campaign results the Company is planning an enlarged programme of works at the Thomas and Cosgrove Prospects. Results from the AC, RC and DD drilling indicate the potential for a significant mineral resource at both prospects. The strategic importance of a resource for Empire Metals is significant for the company moving forward with the project. As such planning has begun on generating a MRE, which will include RC and AC drilling, with the drilling focused on a significantly expanded target area.
Interpretation of the drilling data highlights the Thomas Prospect as the best place to drill the initial resource due to the better consistency of geology and grade with thicker zones of weathering. A second phase of drilling will be planned in late 2025 to drill a resource at the Cosgrove prospect.
Metallurgical Test Programme
The broad zones of high-grade mineralisation encountered at or near surface within the in-situ weathered cap have been shown to hold the highest percentage of the most important titanium bearing minerals, anatase and rutile, and these will form the primary feedstock for the upscaled metallurgical test work programme.
The Pitfield Titanium Project
Located within the Mid-West region of Western Australia, near the northern wheatbelt town of Three Springs, the Pitfield titanium project lies 313km north of Perth and 156km southeast of Geraldton, the Mid West region's capital and major port. Western Australia is ranked as one of the top mining jurisdictions in the world according to the Fraser Institute's Investment Attractiveness Index published in 2023, and has mining-friendly policies, stable government, transparency, and advanced technology expertise. Pitfield has existing connections to port (both road & rail), HV power substations, and is nearby to natural gas pipelines as well as a green energy hydrogen fuel hub, which is under planning and development (refer Figure 4).
Figure 4. Pitfield Project Location showing the Mid-West Region Infrastructure and Services
Competent Person Statement
The technical information in this report that relates to the Pitfield Project has been compiled by Mr Andrew Faragher, an employee of Empire Metals Australia Pty Ltd, a wholly owned subsidiary of Empire. Mr Faragher is a Member of the Australian Institute of Mining and Metallurgy. Mr Faragher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Faragher consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQB-traded exploration and resource development company (LON: EEE) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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Empire Metals
Investor Insight
Empire Metals (OTCQB:EPMLF, AIM:EEE) is unlocking one of the world’s largest and purest titanium deposits at its flagship Pitfield project in Western Australia. With growing global demand, a looming supply deficit, and near-term development milestones, Empire offers a compelling investment opportunity in the critical minerals space.
Overview
Empire Metals (OTCQB:EPMLF, AIM:EEE) is an Australian focused exploration and resource development company rapidly gaining international attention for its discovery and rapid development of what is believed to be the world’s largest titanium deposit.
The company is focused on advancing its flagship asset, the Pitfield project, located in Western Australia, a tier 1 mining jurisdiction. With a dominant landholding of more than 1,000 sq km, and a titanium mineral system that spans 40 km in strike length, Pitfield is emerging as a district-scale “giant” discovery with the potential to reshape the global titanium supply landscape.
Empire’s strategic focus on titanium comes at a pivotal time. Titanium is officially recognized as a critical mineral by both the European Union and the United States, owing to its essential role in aerospace, defense, medical technologies, clean energy and high-performance industrial applications. Global demand for titanium dioxide — the most widely used form of titanium — is surging due to its unmatched properties as a pigment and as a feedstock for titanium metal. Titanium supply chains are also increasingly being constrained by geopolitical risks, mine depletion and environmental challenges associated with traditional production. More than 60 percent of the global supply chain is currently concentrated in a handful of countries, notably China and Russia, creating significant vulnerabilities for Western markets.
Titanium has been designated as a critical mineral in both the EU and the US.
Against this backdrop, Empire Metals offers investors a compelling opportunity to gain exposure to a strategically vital metal through a large-scale, high-grade and clean titanium discovery. Unlike many traditional titanium sources, Pitfield's mineralization is exceptionally pure — free from detrimental amounts of uranium, thorium, chromium and other contaminants — making it ideally suited for premium, high-purity end markets. Furthermore, the mineralized zone is near-surface and laterally extensive, allowing for low-strip and scalable bulk mining with conventional processing technologies.
With more than 22,000 meters of drilling already completed and only a fraction of the mineral system tested, Empire is aggressively advancing Pitfield towards a maiden JORC-compliant mineral resource estimate, targeted for H2-2025. Alongside this work, the company is also undertaking bulk sampling and metallurgical processing to advance flowsheet design and optimize product specifications. It is also engaging with industry players to assess product suitability for premium pigment and titanium sponge markets. Empire is planning to finalize, during the current calendar year, a mining study to evaluate the potential for a low-cost strip mining approach, utilizing continuous mining techniques.
The company is supported by a seasoned leadership team with deep expertise in exploration, resource development, mining, metallurgy and capital markets — ensuring that strategic decisions are guided by both technical excellence and a strong track record of value creation.
Company Highlights
- The flagship Pitfield project is the world’s largest known titanium discovery. It’s a district-scale “giant” titanium mineral system, characterised by high-grade, high-purity titanium mineralisation exhibiting exceptional continuity.
- Titanium is in a global supply deficit and recognized as a critical mineral by the EU and US.
- Drill intercepts at Pitfield include up to 202 meters at 6.32 percent titanium dioxide (TiO2) from surface, confirming vast scale and grade.
- Empire Metals operates in one of the world’s most secure, mining-friendly jurisdictions: Western Australia.
- The company is led by an experienced, agile team, with proven expertise in exploration, mine development, and value creation across multiple commodities.
- With a number of key development catalysts planned for 2025, including a maiden resource estimate, bulk sampling for scale-up of metallurgical testwork, and product optimisation, Empire remains significantly undervalued relative to its peers.
Key Projects
Pitfield Project – A World-Class Titanium Discovery
Located in Western Australia, the Pitfield project is Empire Metals’ flagship asset and represents one of the most exciting titanium discoveries globally. Spanning an area of approximately 1,042 sq km, the project has revealed a colossal mineral system measuring 40 km in length and up to 8 km in width, with geophysical indications of mineralization extending to at least a depth of 5 km.
Pitfield’s prime location in Western Australia
Extensive drilling across the project has intercepted thick, laterally continuous zones of high-grade titanium dioxide mineralization, highlighting the system’s enormous scale and consistency.
The titanium at Pitfield occurs predominantly in the minerals anatase and rutile within a weathered, in-situ cap that begins at surface. These minerals are exceptionally pure, often exceeding 90 percent titanium dioxide. They are free from harmful amounts of contaminants like uranium, thorium, chromium and phosphorus — qualities that are likely to make the deposit uniquely suitable for premium, high-purity titanium applications in aerospace, defense and clean technologies.
Pitfield is strategically located near the town of Three Springs, approximately 150 km southeast of the port city of Geraldton. The project benefits from direct access to essential infrastructure, including sealed highways, rail lines and an available water supply. This connectivity significantly enhances development potential by reducing logistics costs and simplifying future project build-out. Moreover, the Western Australian government actively supports critical mineral development, and Empire is operating within a stable, mining-friendly jurisdiction known for streamlined permitting and investment security.
Empire has completed more than 22,000 meters of drilling, confirming standout titanium dioxide (TiO2) results such as 154 meters at 6.76 percent TiO2, 148 meters at 6.49 percent TiO2, and 150 meters at 6.44 percent TiO2. Notably, mineralization remains open at depth in all tested zones, and to date, only around 5 percent of the interpreted system has been drilled. This underscores the immense upside potential for resource expansion.
The project’s development advantages are equally compelling: the mineralization is near-surface and amenable to simple, bulk mining methods with conventional processing. Its location in a tier-one mining jurisdiction offers access to infrastructure, a skilled workforce and strong regulatory support.
The Pitfield project presents a scalable processing pathway. Photo shows a gravity flotation test in process (left) and a close-up of a flotation test (right)
Pitfield is advancing toward a maiden JORC-compliant mineral resource estimate, expected by H2-2025. The project is already being recognized as a potential cornerstone asset in the global titanium supply chain.
Other Projects
In addition to Pitfield, Empire Metals maintains a portfolio of early-stage exploration assets offering optionality and exposure to other strategic and precious metals. Empire holds interests in two Western Australian projects — the Walton and Eclipse gold projects — both situated in historically productive mineral belts. While these assets are not the current focus, they contribute exploration upside and optionality within the company’s broader strategy.
Board and Management Team
Neil O’Brien - Non-executive Chairman
Neil O’Brien is the former SVP exploration and new business development at Lundin
Mining, until he retired in 2018. He has an extensive global mining career as a PhD economic geologist, exploration leader and board executive.
Shaun Bunn - Managing Director
Shaun Bunn is a metallurgist based in Perth, Western Australia, with expertise in international exploration, mining, processing and development. He has a successful track record managing mining projects through all stages of development.
Greg Kuenzel - Finance Director
Based in London, Greg Kuenzel is a chartered accountant, and corporate finance and financial management expert. He has extensive experience working with resources-focused AIM listed companies.
Peter Damouni - Non-executive Director
With more than 20 years of corporate and finance experience focused in the natural resources sector, Peter Damouni holds executive and director roles in TSXV and LSE listed companies where he has played key roles in significantly enhancing shareholder value.
Phil Brumit - Non-executive Director
Phil Brumit is a veteran mining engineer and operations expert, delivering major global operations. His previous roles include international leadership positions at Freeport-McMoRan, Lundin Mining and Newmont Corporation.
Narelle Marriott - Process Development Manager
Narelle Marriott is a former BHP senior process engineer. Most recently, she was the general manager for process development for Hastings Technology Metals.
Andrew Faragher - Exploration Manager
Andrew Faragher is a former Rio Tinto exploration manager with more than 25 years of experience working across multiple commodities.
Arabella Burwell - Corporate Development
Arabella Burwell is a former Senior Director Corporate Development at NASDAQ-listed GoDaddy and a Partner, Capital Raising and Strategic Partnerships, at Hannam & Partners in London and South Africa.
Carrie Pritchard – Environmental Manager
Carrie brings over 20 years of international experience in environmental management, project development, regulatory approvals, and impact assessment. Her expertise spans mine closure and reclamation, stakeholder engagement, and the remediation of contaminated sites. She has led projects across Australia (Western Australia and Victoria) and New Zealand and has also contributed to initiatives in Malawi and Greenland.
David Parker – Commercial Manager
David Parker brings over 20 years of experience in equity capital markets, with a strong focus on the mining, industrial, and technology sectors. He has held senior roles as director and company secretary for several ASX-listed companies, providing strategic leadership and commercial oversight across diverse corporate environments.
Advancing a game-changing, globally significant titanium project in Western Australia.
Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing
The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company's resource section.
Select companies are accepting 1x1 management meeting requests through May 13th.
May 6th
| Presentation | Ticker(s) |
| Northern Superior Resources Inc. | (OTCQB: NSUPF | TSXV: SUP) |
| Luca Mining Corp. | (OTCQX: LUCMF | TSXV: LUCA) |
| Castille Resources Limited | (OTCQB: CLRSF | ASX: CST) |
| Sun Summit Minerals Corp. | (OTCQB: SMREF | TSXV: SMN) |
| Amex Exploration Inc. | (OTCQX: AMXEF | TSXV: AMX) |
| Ucore Rare Metals, Inc. | (OTCQX: UURAF | TSXV: UCU) |
| Kootenay Silver Inc. | (OTCQX: KOOYF | TSXV: KTN) |
| Camino Minerals Corp. | (Pink: CAMZF | TSXV: COR) |
| Precipitate Gold Corp. | (OTCQB: PREIF | TSXV: PRG) |
| Callinex Mines Ltd. | (OTCQX: CLLXF | TSXV: CNX) |
May 7th
| Presentation | Ticker(s) |
| Canada Nickel Company Inc. | (OTCQX: CNIKF| TSXV: CNC) |
| Anfield Energy Inc. | (OTCQB: ANLDF | TSXV: AEC) |
| Newcore Gold Ltd. | (OTCQX: NCAUF | TSXV: NCAU) |
| Empire Metals Ltd. | (OTCQB: EPMLF | AIM: EEE) |
| Cerrado Gold Inc. | (OTCQX: CRDOF | TSXV: CERT) |
| Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| Horizon Copper Corp. | (OTCQX: HNCUF | TSXV: HCU) |
| Kodiak Copper Corp. | (OTCQB: KDKCF | TSXV: KDK ) |
| Rua Gold Inc. | (OTCQB: NZAUF | TSXV: RUA) |
| DynaResource, Inc. | (OTCQX: DYNR) |
May 8 th
| Presentation | Ticker(s) |
| Novo Resources Corp. | (OTCQB: NSRPF | TSX: NVO) |
| Ecora Resources PLC | (OTCQX: ECRAF | TSX: ECOR) |
| Power Metallic Mines Inc. | (OTCQB: PNPNF | TSXV: PNPN) |
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals and Mining Virtual Investor Conference, held May 6 th -8th are now available for online viewing.
The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company's resource section.
Select companies are accepting 1x1 management meeting requests through May 13th.
May 6th
| Presentation | Ticker(s) |
| Northern Superior Resources Inc. | (OTCQB: NSUPF | TSXV: SUP) |
| Luca Mining Corp. | (OTCQX: LUCMF | TSXV: LUCA) |
| Castille Resources Limited | (OTCQB: CLRSF | ASX: CST) |
| Sun Summit Minerals Corp. | (OTCQB: SMREF | TSXV: SMN) |
| Amex Exploration Inc. | (OTCQX: AMXEF | TSXV: AMX) |
| Ucore Rare Metals, Inc. | (OTCQX: UURAF | TSXV: UCU) |
| Kootenay Silver Inc. | (OTCQX: KOOYF | TSXV: KTN) |
| Camino Minerals Corp. | (Pink: CAMZF | TSXV: COR) |
| Precipitate Gold Corp. | (OTCQB: PREIF | TSXV: PRG) |
| Callinex Mines Ltd. | (OTCQX: CLLXF | TSXV: CNX) |
May 7th
| Presentation | Ticker(s) |
| Canada Nickel Company Inc. | (OTCQX: CNIKF| TSXV: CNC) |
| Anfield Energy Inc. | (OTCQB: ANLDF | TSXV: AEC) |
| Newcore Gold Ltd. | (OTCQX: NCAUF | TSXV: NCAU) |
| Empire Metals Ltd. | (OTCQB: EPMLF | AIM: EEE) |
| Cerrado Gold Inc. | (OTCQX: CRDOF | TSXV: CERT) |
| Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| Horizon Copper Corp. | (OTCQX: HNCUF | TSXV: HCU) |
| Kodiak Copper Corp. | (OTCQB: KDKCF | TSXV: KDK ) |
| Rua Gold Inc. | (OTCQB: NZAUF | TSXV: RUA) |
| DynaResource, Inc. | (OTCQX: DYNR) |
May 8 th
| Presentation | Ticker(s) |
| Novo Resources Corp. | (OTCQB: NSRPF | TSX: NVO) |
| Ecora Resources PLC | (OTCQX: ECRAF | TSX: ECOR) |
| Power Metallic Mines Inc. | (OTCQB: PNPNF | TSXV: PNPN) |
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
Empire Metals Limited Announces Conference Presentations in Australia & N America
An updated corporate presentation, reflecting the Company's latest developments, is available on the Company's website at: https://www.empiremetals.com/investors/shareholder-documents/presentations/.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQB-traded exploration and resource development company (LON:EEE)(OTCQB:EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Redstone Resources
Investor Insight
Redstone Resources is strategically positioned to benefit from rising global demand for battery metals, with 100 percent ownership of its copper-focused West Musgrave project in WA and a lithium acquisition in Canada.
Overview
Australia, a top global producer of key minerals like copper, nickel, lithium, and gold, supports growing demand through its stable, mining-friendly jurisdictions. The underexplored Musgrave Province hosts significant deposits of critical metals including nickel, PGEs, copper, and rare earths.
Redstone Resources (ASX:RDS) is exploring its 100 percent-owned West Musgrave Project in Western Australia, home to the Tollu Copper deposit. The project lies near major discoveries such as BHP’s Nebo-Babel and Succoth deposits, and Nico Resources’ Wingellina project.
With additional tenement applications in the region and a leadership team experienced in geology, exploration, and business development, Redstone is well-positioned to advance its battery and base metals strategy.
The unique Musgrave terrain has attracted major players like BHP, which is advancing construction of its Nebo-Babel nickel-copper-PGE mine after securing final approvals. The deposit hosts 390 Mt at 0.30 percent nickel and 0.33 percent copper, containing 1.2 Mt of nickel and 1.3 Mt of copper (2012 JORC). Alongside Nico Resources’ Wingellina nickel-cobalt deposit, these discoveries highlight the region’s potential as a major base metals hub.
Redstone’s West Musgrave Project lies between these key deposits—just 60 km east of Nebo-Babel and 50 km west-southwest of Wingellina. The project remains underexplored but is highly prospective, with geology suited to magmatic nickel-copper sulphides, VHMS, and large hydrothermal systems.
Location of Redstone's West Musgrave Project and the Tollu Cu Deposit relative to the world class Nebo-Babel Cu-Ni-Co Deposit and other deposits and prospects in the area.
Redstone Resources’ 100 percent-owned Tollu copper deposit, part of its West Musgrave Project, hosts a JORC-compliant resource of 3.8 Mt at 1 percent copper for 38,000 tonnes of contained copper (0.2 percent cut-off). A conceptual exploration target suggests potential for up to 627,000 tonnes of copper.
Expanding beyond Australia, Redstone is building a lithium portfolio in Canada through a 50/50 joint venture with Galan Lithium (ASX:GLN), acquiring 100 percent of the Camaro, Taiga, and Hellcat Projects in Quebec’s James Bay Lithium District. This region hosts key discoveries, including Patriot Metals’ (ASX:PMT,TSXV:PMET) Corvette Project and Winsome Resources’ ASX:WR1) Cancet Project. Notably, Patriot’s CV8 and CV13 pegmatites lie just 1.4 km from Taiga and 1.5 km from Camaro, respectively.
Redstone will manage the 5,187-hectare JV, backed by a seasoned team with deep expertise in exploration, operations, and corporate strategy.
Company Highlights
- Redstone Resources is an Australia-based mineral exploration company exploring highly prospective properties for copper and other base metals in the West Musgrave region of Western Australia.
- The West Musgrave region is home to major discoveries, including the world-class Nebo-Babel nickel-copper-PGE sulphide deposit and the Wingellina nickel-cobalt deposit, attracting significant interest from major miners.
- Redstone’s 100 percent-owned West Musgrave Project lies just 60 km west of BHP’s Nebo-Babel, highlighting the strong prospectivity of its tenure. The project hosts the Tollu Copper vein deposit, evidence of a large hydrothermal system, and is situated in a geological and structural setting highly favourable for magmatic nickel-copper sulphide, VHMS, and intrusive-related hydrothermal deposits
- Redstone Resources also has a 50/50 joint venture agreement with Galan Lithium, acquiring a 00 percent of a highly prospective suite of lithium projects in James Bay, Quebec.
- The Redstone and Galan Lithium joint venture project acquisitions complement the company’s West Musgrave and its strategy to increase exposure to the growing global battery metals and explore for critical minerals in high demand.
- A strong management team leads the company with decades of experience in the resources sector.
Key Projects
The West Musgrave Project
The West Musgrave Project spans 213 sq. km. of highly prospective yet underexplored terrain. Redstone believe their West Musgrave Project, and the entire West Musgrave Region, has the appropriate setting required to host major Ni-Cu-PGE deposits, such as the Voiseys Bay deposit in Canada. The geological setting of the West Musgrave is comparable to the Nain-Churchill province boundary in Canada, which in Labrador, hosts the world-class Voisey’s Bay deposit.
Voisey’s Bay is considered a ‘giant’ Ni-Cu deposit; in one section alone it contained 31.7Mt of ore grading 2.83 percent nickel and 1.68 percent copper. Voisey’s Bay is also relatively unique in that it is one of a very few Ni-Cu-Co deposits that are hosted in mafic, not ultramafic rocks. Another is Nebo Babel, which is situated only 60km west of Redstone’s Tollu Cu Deposit.
Drilling 7.5 km northeast of the Tollu Copper Vein deposit has confirmed the presence of similar rocks to those that host Nebo Babel, and with low-grade Cu mineralisation, further enhancing the prospectivity of Redstone’s project.
Given the favourable geology, Redstone believe it is possible that the high grade vein hosted Cu of Tollu could potentially be a remobilisation from a much larger accumulation of sulphides nearby and hence remains a priority target area for world class deposits.
The Tollu Copper Vein Project
Tollu, part of the broader West Musgrave Project, features a large swarm of copper-rich hydrothermal veins across a 5 km² area, with surface mineralisation linked to a dilation system between two major shears. The deposit hosts a JORC 2012 resource of 3.8 Mt at 1 percent copper and 0.01 percent cobalt, containing 38,000 tonnes of copper and 535 tonnes of cobalt, with strong potential for expansion through further drilling.
Local Geology Map – Redstone’s West Musgrave Project
The Tollu Cu deposit represents a high-grade Cu accumulation from the surface to a depth of approximately 400m as evidenced by deep drilling intersections that consistently deliver strong results, particularly at the Chatsworth and Forio prospects. These results include:
Chatsworth Prospect
- TLC189: 25m at 1.46 percent copper from 61m, incl. 1m at 5.1 percent copper
- TLC192: 25m at 1.1 percent copper from 53m, incl. 7m at 2.64 percent copper
- TC80: 10m at 3.4 percent copper from 427m, incl. 5m at 5.3 percent copper
- TLC033: 5m at 2.21 percent copper from 100m
- TLC034: 15m at 1.39 percent copper from 136m, incl. 3m at 3.67 percent copper
Forio Prospect
At Forio, drilling confirmed further high-grade zones, including the highest copper grade recorded to date at Tollu—1m at 18.5 percent copper from 18m in TLC203. Additional results include:
- 8m at 4.1 percent copper from 13m, incl. 1m at 18.5 percent copper (TLC203)
- 4m at 1.2 percent copper from 45m (TLC203)
- 6m at 1.47 percent copper from 80m (TLC201)
- 34m at 1.07 percent copper from 15m, incl. 2m at 3.2 percent copper (TLC181)
Redstone and Galan 50/50 Joint Venture
James Bay Lithium Projects - Taiga, Camaro and Hellcat
Redstone Resources and Galan Lithium formed a 50/50 JV to acquire the James Bay Lithium Projects in Quebec, comprising the highly prospective Taiga, Camaro, and Hellcat Projects. Covering 3,850 hectares, the projects lie adjacent to Patriot Battery Metals’ Corvette lithium discovery—just 1.4 km from Taiga (CV8 pegmatite) and 1.5 km from Camaro (CV13 pegmatite).
Project Highlights:
- Located in the La Grande Subprovince, with geology favourable for spodumene-bearing pegmatites.
- Hellcat sits on the Vieux Comptoir Granitic suite, believed to be the source of regional lithium mineralisation.
- Initial work by Axiom Exploration identified 28 prospective pegmatite dykes.
Previous initial exploration on the James Bay Lithium Projects completed by Axiom Exploration identified 28 prospective pegmatite dykes.
Board and Management
Richard Homsany - Non-executive Chairman
Richard Homsany is executive vice-president of Mega Uranium, a Toronto Stock Exchange listed company and executive chairman of Toro Energy Limited, an ASX-listed uranium company. He is also the non-executive chairman of Galan Lithium and the Health Insurance Fund of Australia Limited. Homsany was a corporate and commercial advisory partner with one of Australia’s leading law firms. He is currently the principal of Cardinals Lawyers and Consultants and has been admitted as a solicitor for over 20 years. He has extensive experience in corporate law, including advising public resources and energy companies on corporate governance, finance, capital raisings, takeovers, mergers, acquisitions, joint ventures and divestments.
Edward van Heemst - Non-executive Director
Edward van Heemst is a prominent Perth businessman with over 40 years of experience in managing a diverse range of activities with large private companies. He is the managing director of Vanguard Press and was previously the long-time chairman of Perth Racing (1997 to 2016). He was also appointed as non-executive chairman of NTM Gold, an ASX-listed company from July 2019 to March 2021. Van Heemst holds a bachelor of commerce degree from the University of Melbourne, an MBA from the University of Western Australia and is a member of the Institute of Chartered Accountants Australia.
Brett Hodgins - Technical Director
Brett Hodgins has over 20 years of professional experience in the resources sector primarily focused on exploration and mining operations. He began his career as a geologist with Robe River Mining and Rio Tinto Iron Ore. During that time he was involved with the commissioning and development of the West Angelas and Hope Downs operations. Hodgins' recent roles include general manager project development for Iron Ore Holdings and he is president/CEO of Central Iron Ore, a TSXV-listed company gold and iron ore explorer. He brings a wide range of experience in exploration, feasibility studies, operations, and has a broad knowledge of the resource sector.
Dr. Greg Shirtliff – Geological Consultant
Dr. Greg Shirtliff has over 20 years of experience in industry-related geology and geochemistry, including a PhD in mine-related geology from the Australian National University. Since his studies, Shirtliff has spent over 17 years in various roles in the mining and exploration industry ranging from environmental, mine geology, resource development, exploration and management roles, exploration and technical projects, inclusive of engineering and metallurgical. His roles have included several years at ERA-Rio Tinto’s Ranger Uranium Mine, as the senior geoscientist for Cameco Australasia and more recently as the lead geologist and technical manager for Toro Energy. Shirtliff’s exploration success at Toro Energy includes discovering multiple zones of massive nickel sulphide mineralization along the Dusty Komatiite, arguably the first massive nickel sulphide mineralization discovered in the Yandal Greenstone Belt in Western Australia.
Finlay Minerals Appoints an Executive Chairman, President & CEO, and Vice President, Corporate Development
finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to announce that it has appointed Robert F. Brown as Executive Chairman of the Board, and Ilona Barakso Lindsay as President & Chief Executive Officer. Mr. Brown and Ms. Lindsay formerly held the positions of President & CEO, and Vice President Corporate Relations, respectively. Both Mr. Brown and Ms. Lindsay also continue to be directors of Finlay.
The Company is further pleased to announce the appointment and to welcome Susan Flasha as Vice President, Corporate Development. Ms. Flasha has held positions with Brixton Metals in Corporate Development and as Senior Geologist where she established partnerships with BHP Group Ltd. and Eldorado Gold Corp., and Pretium Resources as Senior Project Geologist for the Brucejack Mine and Bowser Regional Exploration program. Ms. Flasha holds a Master of Science degree in Geological Sciences from Queen's University.
Gord Steblin continues as Chief Financial Officer and Wade Barnes as Vice President, Exploration of the Company. The Company recognizes and thanks them both for their continued efforts and support as we advance Finlay.
About finlay minerals ltd.
Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.
Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com
On behalf of the Board of Directors,
Robert F. Brown ,
Executive Chairman of the Board & Director
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.
SOURCE finlay minerals ltd.
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