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LONDON - Empire Metals Limited (LON: EEE), an exploration and resource development company, has released a new corporate presentation detailing recent advances at its Pitfield Project in Western Australia, which is recognized as the world’s largest known titanium discovery. The presentation is now available on the company’s website and will be showcased at upcoming investor meetings and industry conferences.
The Pitfield Project has garnered attention with its high-grade titanium discovery, featuring a substantial gravity and magnetics anomaly that spans over 40 kilometers in length, 8 kilometers wide, and 5 kilometers deep. Drilling results have shown consistent high-grade titanium dioxide (TiO₂) within the mineralized sandstone beds, particularly in the Cosgrove and Thomas prospects, which each exhibit bedded TiO₂ mineralization over 7 kilometers in strike length.
In 2024, an Exploration Target (NYSE:TGT) for the Pitfield Project was announced, focusing on the Thomas and Cosgrove prospects. This target estimates a range of 26.4 to 32.2 billion tonnes with a TiO₂ grade between 4.5% and 5.5%. A subset of this target, representing the weathered sandstone zone, is projected to contain 4.0 to 4.9 billion tonnes with a grade range of 4.8% to 5.9% TiO₂.
Empire Metals is expediting the development of Pitfield with the aim of producing high-value titanium metal or pigment quality products, highlighting the deposit’s significant potential. The Exploration Target covers less than 20% of the overall mineral system, indicating the possibility for further expansion.
Besides Pitfield, Empire Metals also oversees the Eclipse and Walton Projects in Western Australia, along with three precious metal projects in Austria. The company’s focus remains on advancing the Pitfield Project to commercialization, aiming to capitalize on the growing global market for high-purity titanium dioxide.
The information in this article is based on a press release statement issued by Empire Metals Limited.
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