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Empire Resources Limited (ASX:ERL)

ALERT: Price-sensitive ASX Announcement for ERL
Current share price for ERL : $0.005 -0.007 (-58.33%)+
Announcement
Release
4 May 2026 5:34PM
Price at Release
$0.012
Full Release
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Summary
Empire Resources Limited has announced the completion of a reverse circulation (RC) drilling program at its Yuinmery Copper-Gold Project, consisting of 37 holes over 4,401 meters from April 7 to May 2, 2026. This program focused on new gold prospects at sites such as Hillside, Smiths Well, and Microbe Well, alongside further resource drilling at Just Desserts and follow-ups in the YT01-YT19 prospect corridor. Notably, native metallic copper was found extensively at the Hillside prospect below the weathering profile, with mineralization open over a 250-meter strike. Preliminary assay results are anticipated in about four weeks, analyzing for elements including gold and copper.
Key Points
  • Empire Resources Limited completed a 37-hole, 4,401m RC drilling program at Yuinmery.
  • The drilling targeted gold prospects at Hillside, Smiths Well, and Microbe Well and resource drilling at Just Desserts.
  • Significant native metallic copper was observed at the Hillside prospect below the weathering profile.
  • The copper mineralisation is open and spans 250m in strike at Hillside.
  • Preliminary assay results are expected within four weeks, testing for Au, Ag, Cu, Ni, Pt, Pd.
  • Hillside samples showed variable sulphide mineralisation accompanying native copper.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.