Empire Resources (ASX:ERL) has commenced a circa 5,000m AC drilling campaign at its 100% owned Penny’s Gold Project 45km east of Kalgoorlie in Western Australia.
The drilling is planned to follow up anomalous gold intercepts from drilling undertaken by Empire at the Penny’s Gold Project. The drilling will also target historical gold in soil anomalies that have not been tested by modern drilling techniques.
The campaign will take approximately two weeks to complete with laboratory assay returns expected approximately six weeks following thereafter.
The Penny’s Gold Project targets lie immediately adjacent to and along strike of the existing 250,000t @ 5.22g/t Au for 42,000oz Resource at the Penny’s Find Gold Mine.
Empire is entitled to royalties on gold production from mining operations undertaken at the Penny’s Find Gold Mine which is owned by Horizon Minerals Limited.
“Empire is pleased to be drilling again at our Penny’s Gold Project where we have had great success in targeting and drilling previously unidentified gold mineralisation,” Managing Director, Sean Richardson, said.
“This aircore drilling programme will follow up anomalous gold intercepts from our previous drilling campaigns as well as target historic gold in soil anomalies that have yet to be tested by modern drilling techniques. We look forward to seeing the results of this work in the coming weeks.”
For further information please visit: https://www.resourcesempire.com.au/