Amended Announcement and Lifting of Trading Halt
| Stock | Empire Resources Ltd (ERL.ASX) |
|---|---|
| Release Time | 6 May 2026, 1:57 p.m. |
| Price Sensitive | Yes |
Amended Announcement and Lifting of Trading Halt
- Completed 37 hole, 4,401m RC drilling program at Yuinmery Copper-Gold Project
- Extensive native metallic copper observed in drilling at Hillside prospect
- Copper mineralization appears open along strike and at depth
Empire Resources Limited (ASX: ERL) has completed a 37 hole, 4,401m reverse circulation (RC) drilling program at the Company's Yuinmery Copper-Gold Project. The drilling tested new gold prospects at Hillside, Smiths Well and Microbe Well, as well as further resource drilling at Just Desserts (Cu-Au) and follow up holes in the YT01-YT19 Cu-Au prospect corridor. Of particular note from the program is the occurrence of native metallic copper over extensive widths in the RC holes drilled at the Hillside prospect. The native copper was observed below the weathering profile in the primary mineralisation zone. A total of 9 holes for 1,266m were drilled at Hillside, with the copper mineralization appearing to be open along strike and at depth, spanning 250m. Most of the copper occurs as small flakes along fractures or dissemination spots within the basalt host rock. Preliminary composite assay results are anticipated in around 4 weeks, with an assay technique suitable for assaying the coarse native copper being finalised. With the lodgement of this amended announcement, the Company seeks lifting of the trading halt that was previously placed on its securities.