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Empire Resources Limited (ASX:ERL)
ALERT: Price-sensitive ASX Announcement for ERL
Current share price for ERL : $0.010 0.004 (66.67%)+
Announcement
Release
31 Jul 2026 5:53PM
Price at Release
$0.006
Full Release
Summary
Empire Resources Limited has released its quarterly activities report for the period ending 30 June 2026. The company conducted two Reverse Circulation drilling programs at the Yuinmery project, totaling 60 drill holes over 6,959 meters. Encouraging preliminary results were reported, highlighting significant intersections of gold, copper, and palladium-platinum. Besides drilling, metallurgical testing on oxide ore at the Just Desserts project continued. The company plans further drilling and a potential ground EM survey at Yuinmery in the coming quarter. The cash flow report indicates a net decrease in cash due to operating and investing activities, balanced by proceeds from equity issues.
Key Points
- Completed two RC drilling programs at Yuinmery with 60 holes.
- Encouraging preliminary drill results, including gold and copper intersections.
- Continued metallurgical testing at Just Desserts.
- Planning further exploration activities in the upcoming quarter.
- Reported a net decrease in cash due to operating and investing activities.
- Received significant proceeds from equity issues.
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.
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