Empire Metals schedules investor update on titanium project

Published 27/02/2025, 10:56
Empire Metals schedules investor update on titanium project

LONDON - Empire Metals Limited (LON: EEE), an AIM-listed exploration and resource development company, has announced a live investor presentation for 09.00 GMT on March 12, to discuss recent advancements at its Pitfield Project, known for the world’s largest titanium discovery. The event will provide insights into the company’s ongoing development of a process flowsheet aimed at producing a high-purity titanium dioxide (TiO2) product.

The presentation is open to all current and potential shareholders of Empire Metals. Interested parties can submit questions before the event until March 11, 2025, or during the live presentation. Registration for the event is available through the Investor Meet Company platform, where investors can also follow Empire Metals for updates.

Empire Metals is primarily focused on the Pitfield Project, located in Western Australia, which boasts a high-grade titanium discovery of significant scale. Airborne surveys have detected a large anomaly, suggesting a mineral system extending over a vast area. Drilling has confirmed the presence of high-grade, near-surface TiO2 mineralization at the Cosgrove and Thomas prospects.

In 2024, an Exploration Target (NYSE:TGT) was announced for the Pitfield Project, estimating the potential for 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. A subset of this target, the weathered sandstone zone, could contain between 4.0 to 4.9 billion tonnes with a higher grade range of 4.8 to 5.9% TiO2. This target only covers a fraction of the total mineral system, indicating the possibility for further discoveries.

With the Pitfield Project at the forefront, Empire Metals aims to produce high-value titanium metal or pigment and is accelerating efforts to capitalize on this opportunity. The company also holds other exploration projects in Australia and precious metals ventures in Austria.

The upcoming presentation aims to provide shareholders with detailed information on the progress and future plans for Empire Metals’ projects. This announcement is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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