ERL 0.00% 0.9¢ empire resources limited

yuinmery project expands from minebox

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    New report expands scope at Empire’s Yuinmery Project

    A new report has expanded the drill target footprint for Empire Resources Ltd’s promising high grade Yuinmery copper-gold project in Western Australia.

    The impact of the report is such that Empire has immediately adjusted its current reverse circulation (RC) drilling campaign on site to finesse final selection of drillhole locations.

    The report, by independent consultants commissioned by Empire, combines the findings of a recently completed downhole electromagnetic (EM) survey and initial results from a separate ground EM survey at Yuinmery, located just six kilometres east of the Youanmi gold mine and 475km northeast of Perth.

    “The results of the surveys have increased our confidence that we are looking at major zones of mineralization at Yuinmery, and over a wider area than initially reported,” Empire Resources’ Managing Director, David Sargeant, said yesterday.

    “None of these zones have been tested very deeply,” Mr Sargeant said. “We are particularly encouraged by our ongoing work at the Just Desserts prospect within the Yuinmery project area where high grade gold mineralization accompanies the copper sulphides and appears to be associated with a large electrical conductor.

    “Empire has taken the decision to include these findings in our going forward program, including adjusting our current RC drilling which was already underway on site to test high grade copper-gold mineralization intersected in the previous December quarter.

    “The drilling is designed to test newly identified geophysical conductors, enhance geological interpretations and enable an estimation of the size potential of this prospect prior to deeper diamond drilling in the future.”

    The two surveys identified a number of electrical conductors contiguous with the project’s previously reported copper-gold mineralization. Mr Sargeant said the conductors were likely to be due to the presence of additional sulphide mineralization.

    Five prospects are being tested in the current 2,000m RC drilling schedule which will also now test the strong off-hole conductors as well as extensions to the previously announced mineralisation.

    - 19 Feb 2008
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