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LONDON - Empire Metals Limited (LON: EEE), a resource exploration and development company listed on the AIM market, has released an updated corporate presentation detailing recent advancements in its Pitfield Project, which is recognized as the largest known titanium discovery globally. The presentation, available on the company’s website, outlines Empire’s 2025 milestones aimed at advancing the project towards commercial viability.
The Pitfield Project, located in Western Australia, has drawn attention due to its high-grade titanium dioxide (TiO₂) discovery. Airborne surveys have revealed a substantial anomaly spanning 40km by 8km by 5km deep. Drilling results have shown consistent high-grade TiO₂ within the mineralized beds, particularly in the sandstone layers. The project focuses on the Cosgrove and Thomas prospects, each extending over 7km in strike length with thick, high-grade, near-surface TiO₂ mineralization.
In 2024, an Exploration Target (NYSE:TGT) for the Pitfield Project was announced, encompassing the Thomas and Cosgrove prospects, with an estimated 26.4 to 32.2 billion tonnes at a grade range of 4.5 to 5.5% TiO₂. A subset of this target includes the weathered sandstone zone, with an estimated 4.0 to 4.9 billion tonnes at a grade range of 4.8 to 5.9% TiO₂. This target covers less than 20% of the total mineral system, indicating the potential for significant expansion.
Empire’s strategy is to accelerate the economic development of Pitfield, with the ambition of producing high-value titanium metal or pigment quality products. The company believes that realizing the full potential of this deposit could be highly valuable.
Apart from Pitfield, Empire Metals also operates the Eclipse and Walton Projects in Western Australia and owns three precious metal projects in a historically gold-rich region of Austria.
The company’s presentation is based on a press release statement and aims to provide shareholders with a comprehensive understanding of the project’s status and the company’s objectives for the year. The potential quantity and grade of the Exploration Target is conceptual, and further exploration will determine if the estimation of a Mineral Resource is possible.
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