Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Empire Resources Ltd (ERL.ASX)
Release Time 29 Apr 2026, 11:13 a.m.
Price Sensitive Yes
 Quarterly Activities/Appendix 5B Cash Flow Report
Key Points
  • Preliminary drill results from the January 2026 Air Core (AC) program at Yuinmery project showed encouraging shallow, anomalous Cu and Au mineralisation
  • Preliminary drill results from the November 2025 Reverse Circulation (RC) program at Pennys Gold project discovered anomalous Au mineralisation
  • Sighter metallurgical testing on the Just Desserts oxide-transitional ore continued throughout the quarter
Full Summary

Empire Resources Ltd released its quarterly activities and cash flow report for the period ending 31 March 2026. The key highlights include:- Preliminary drill results from the 45 hole, 1,631m January 2026 Air Core (AC) program at the Yuinmery project showed encouraging shallow, anomalous Cu and Au mineralisation at the YT19, Smiths Well and Microbe Well prospects.- Preliminary drill results from the eight (8) hole, 904m November 2025 Reverse Circulation (RC) program at the Pennys Gold project, near Kalgoorlie, discovered anomalous Au mineralisation in PF09 and PF04.- Sighter metallurgical testing on the Just Desserts oxide-transitional ore continued throughout the quarter.- A reverse circulation (RC) drilling program was planned for Yuinmery with drilling scheduled to commence in the June quarter.- The company successfully completed a share placement to raise gross proceeds of $4.826 million from new and existing institutional and sophisticated investors.The report provided detailed information on the exploration activities and drilling results at the Yuinmery and Pennys Gold projects. At Yuinmery, the AC drilling program targeted recent soil and rock chip sampling results, with a focus on generating new gold prospects. Significant results were obtained at the YT19, Smiths Well and Microbe Well prospects. At Pennys Gold, the RC drilling targeted the PF09, PF07 and PF04 prospects, with anomalous gold mineralisation discovered in PF09 and PF04.The company also provided an update on the ongoing metallurgical test work on the Just Desserts oxide-transitional ore, which included acid leaching, magnetic separation and gravity concentration.