ERL 0.00% 0.3¢ empire resources limited

Ann: HIGH GRADE GOLD DEFINED IN TARGETED UNDERGROUND EXTENSION, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,147 Posts.
    lightbulb Created with Sketch. 11
    https://www.triplem.com.au/news/goldfields/see-a-penny?station=sydney

    Empire Resources has struck some great results at Penny`s Find underground extension. The find - grading up to 15.60 grams per tonne (g/t) near Kalgoorlie Boulder
    Better results from the six-hole diamond drill program were 1.63m grading 15.60g/t gold, 3.52m grading 6.32g/t gold including 1.22m grading 12.34g/t gold, and 1.94m grading 10.57g/t gold. The recent drilling results complement previous assays taken from the ore body – boosting the company’s confidence.
    “Results from the recent underground drilling have given us the confidence to move ahead with a final underground feasibility study to extend Penny’s Find’s mine life beyond the open pit,” Empire Resources managing director David Sargeant said.
    “With gold mineralisation open at depth, there is good potential to add to the current underground indicated and inferred resource of 170,000 tonnes grading 5.40g/t gold.”
    To-date the underground mineralisation at Penny’s Find extends 250m deep and remains open. with a progression from Open Pit to underground the plan moving forward.

    FAST FACT - Open pit mining at Penny’s Find started in May this year with the company trucking 37,710 tonnes of ore to the nearby Lakewood and Burbank processing plants for its first processing campaigns.
    With assistance - AAP
 
watchlist Created with Sketch. Add ERL (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $5.935M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
11 9564791 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 1556666 2
View Market Depth
Last trade - 16.12pm 18/11/2024 (20 minute delay) ?
ERL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.