LONDON, UK: Empire Metals Limited (LON: EEE) has acquired a 70% curiosity in three extremely potential Australian-based copper-gold projects from Century Minerals Pty Ltd.
Two of the projects, the Pitfield Copper-Gold Project and the Walton Copper-Gold Project are in Western Australia while the Stavely Copper-Gold Project lies inside the Stavely Arc area of Victoria.
This acquisition will increase the size of Empire’s exploration camp from 9.5 km2 to 1,728 km2, an space significantly bigger than that covered by Greater London, and importantly the projects all lie inside mining areas well-known for world-class and significant copper and/or gold discoveries.
Shaun Bunn, Managing Director, said: “Following on from our profitable maiden drilling marketing campaign at Gindalbie, I am delighted to announce the addition of those extremely potential copper-gold projects to our rising portfolio of exploration assets in what we believe signifies an important milestone to becoming a significant copper-gold exploration and development company.
We have now established an exploration camp of the highest quality, throughout areas famend for world-class deposits, and we have grown the technical and exploration capabilities of our team with the inclusion of Century’s founding Principal Geologists who first recognized these thrilling prospects. We look ahead to updating the market on our progress in due course.”
www.empiremetals.co.uk