Empire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company has announced that an airborne gravity survey has recently been flown at the Pitfield Project, located in the premier mining jurisdiction of Western Australia.
Empire holds a 70% interest in Pitfield which is comprised of four granted Exploration licences (E70/5465, E70/5876, E70/6320, and E70/6323) covering 1,042km2. Pitfield is located near Three Springs, a town 313km north of Perth, Western Australia.
Shaun Bunn, managing director, said, “We are making good headway in understanding the size and scale of this globally significant titanium discovery. The main objective of the gravity survey is to map variations in the subsurface rock density at Pitfield across the 40km by 8km magnetics anomaly at a high resolution that will assist in drill target selection, with priority given to identifying and testing the thicker and higher-grade parts of this giant titanium-rich mineral system. The iron-titanium oxide mineralization already encountered at Pitfield has a higher density than the surrounding unaltered sediments and should stand out well in the survey.”
Airborne gravity data will help build a robust, detailed geological model of the Yandanooka Basin, host to the previously announced massive titanium discovery and coincident with the 40km long magnetics anomaly that has been correlated to the extensively altered and mineralized sedimentary beds.
Initial petrographic studies confirmed the presence of ilmenite, a highly valued source for titanium oxide (TiO2) and which accounts for over 85% of the feedstock for the entire titanium industry.
The company has stated that the gravity data will be used in conjunction with all other exploration data sets towards defining priority drill targets across the entire length of the magnetics anomaly.
Furthermore, the fully funded next drill programme, including both diamond core and additional RC drilling, will be carried out to confirm the scale of this giant, titanium-enriched mineral system, and also provide more information about key parameters such as mineralogy, grades, tonnage potential and geological controls on the thicker, higher-grade mineralization.
To find out more, please visit www.empiremetals.co.uk
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