Empire Metals (LON: EEE, OTCQX: EPMLF) Launches Diamond Drilling Campaign at Thomas Prospect

Empire Metals Limited has begun a diamond drilling campaign at the Thomas prospect within its Pitfield Project in Western Australia, marking the next phase in the company’s exploration and development strategy.

The program will comprise around 1,000 metres across 10 drill holes, with assay results expected in January 2026. The campaign is fully funded through the company’s recent £7 million capital raise and existing cash reserves of £4 million.

Highlights

·    Diamond drilling campaign to commence at the Thomas Prospect, designed to provide geological, geochemical, metallurgical and geotechnical data for ongoing development studies and MRE expansion.

·    Programme comprises approximately 1,000m of drilling across 10 holes, with assay results expected in January 2026.

·    Proceeds from the recent £7 million capital raising, together with existing cash reserves of £4 million, fully fund all planned work programmes.

·    Workstreams over the next three to six months will focus on advancing metallurgical testwork, initiating pilot-scale testwork, and planning future phases of resource expansion drilling.

·    The Pitfield Project hosts one of the largest and highest-grade titanium resources globally, with a Mineral Resource Estimate of 2.2 billion tonnes at 5.1% TiO₂ representing only 20% of the known mineralised footprint.

The drilling aims to collect critical data to support development studies and expand the current Mineral Resource Estimate (MRE). Empire Metals plans to follow this program with metallurgical and pilot-scale testwork, as well as further resource expansion drilling over the next three to six months.

The company’s Pitfield Project currently hosts a Mineral Resource Estimate of 2.2 billion tonnes at 5.1% titanium dioxide (TiO₂), establishing it as one of the world’s largest known primary titanium discoveries.

Shaun Bunn, Managing Director, said: “We are pleased to commence this important diamond drilling campaign at Pitfield, focused on testing the high-grade TiO2-rich central zone of the Thomas Prospect and delivering both metallurgical and geotechnical drillcore samples which are essential for our ongoing project development studies.

“Following the recently announced £7 million capital raising, the Company is well funded and has set its sights on swiftly completing this next round of drilling, accelerating the metallurgical testwork programmes and moving into continuous pilot-scale testwork in early 2026 in order to deliver high-purity TiO2 product samples to potential end users and to support our ongoing engineering and economic studies.”


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