EMPIRE RESOURCES ORD
Empire Resources sells Penny’s Find gold mine to Orminex
Junior gold explorer Empire Resources (ASX: ERL) has agreed to sell its flagship Penny’s Find gold mine in Western Australia to fellow goldfields operator Orminex (ASX: ONX) for $600,000. The two companies emerged from a trading halt this morning to reveal they have entered into a binding term sheet, under which Orminex will acquire 100% […]
Empire Resources boosts year-to-date revenue above feasibility forecasts to A$31m
Gold producer Empire Resources (ASX: ERL) has had a positive June quarter boosting its year-to-date revenue above feasibility study forecasts to more than A$31 million from mining at its flagship Penny’s Find gold mine near Kalgoorlie in Western Australia. During the period, Empire recovered 28,134 tonnes from the Penny’s Find open pit, which was transported […]
Empire strikes back with high-grade copper intercept at Yuinmery
Gold producer Empire Resources (ASX: ERL) has hit high-grade copper during its recent two-hole reverse circulation drilling program at its Yuinmery copper-gold project in Western Australia. The copper was identified on the A Zone prospect where one hole intersected 12m grading 2.05% copper and 0.31 grams per tonne gold from 138m, with a 2m interval […]
Empire Resources lifts gold grade in fourth Penny’s Find toll treatment
Gold miner Empire Resources (ASX: ERL) has recovered higher gold grades in the latest toll treatment campaign for its 60%-owned Penny’s Find project in Western Australia’s goldfields. The company today reported that processing data from the fourth toll treatment campaign, which commenced just over a week ago at the nearby Lakewood Mill, has indicated an […]