Empire Metals MD says high-grade titanium zone boosts Pitfield economics

Empire Metals Ltd (AIM:EEE, OTCQX:EPMLF) managing director Shaun Bunn talked with Proactive's Stephen Gunnion about the latest drilling results at the Pitfield project, highlighting the confirmation of a near-surface high-grade titanium zone at the Thomas prospect and its implications for project economics and development. Bunn explained that recent diamond drilling has enabled the company to gain a much clearer understanding of the mineralisation, noting that the campaign intersected “really good thick interval between 10 and 20, 30 meter intervals, up around 10% TiO₂ in situ.” These results validate earlier exploration and demonstrate the consistency and scale of the high-grade zone. He emphasised the significance of this discovery for the project’s economics, pointing out that mining in this area could deliver “10–20% more titanium in the ore” without increasing mining costs, which could materially enhance early cash flow and overall project value. The discussion also covered Empire Metals’ largest-ever drilling campaign, spanning approximately 41,000 metres across 750 holes. Bunn highlighted the efficiency of the program, stating the average drilling cost is “only about $90 Australian” per metre, reflecting the expertise of the exploration team. The campaign is designed to upgrade resource confidence at Thomas, expand the Cosgrove target, and provide material for metallurgical testing, supporting ongoing development of the Pitfield project. For more videos like this, visit Proactive’s YouTube channel, like this video, subscribe to the channel, and enable notifications so you never miss an update. #EmpireMetals #PitfieldProject #Titanium #MiningStocks #ASX #ResourceInvesting #Exploration #DrillingResults #CriticalMinerals #MiningNews #Investing #MetalsAndMining