ERL – Empire Resources | Aussie Stock Forums

Mining properties
Empire’s current portfolio of projects is the result of several years of acquisition and exploration by the Company’s founders. Their activities have included drilling programs on three of the six Company projects.

Uranium and copper-gold projects
Empire’s portfolio of uranium and copper-gold projects includes the following.

The Torrens Project, an Olympic Dam style copper-gold-uranium project that lies within the Torrens Hinge Zone on the margin of the Gawler Craton in South Australia.
The Noondie Project, east of Yuinmery in Western Australia, which contains calcrete-hosted palaeochannel uranium targets.

The Penny’s Find Project, which is close to Kalgoorlie, Western Australia and includes a gold resource that is open along strike and down dip, as well as previously unexplored nickel targets.

The Yuinmery Project in Western Australia, which comprises volcanic-hosted copper-gold mineralisation and contains recently revealed new targets.

The Troy Creek Project, which includes extensive gold, copper and PGM sediment-hosted targets northeast of Wiluna in Western Australia.

The Paradis Project, in the Ashburton Structural Corridor near Paraburdoo, Western Australia, which contains anomalous gold and platinum.

These six projects, which are either at an advanced stage of exploration or have previously untested exploration potential, comprise Torrens, Noondie, Penny’s Find, Yuinmery, Troy Creek, and Paradis. The Board is of the view that all are prospective for world-class mineral deposits and have the potential to host deposits of economic significance for a junior exploration company.

Empire’s Torrens Project (copper, gold and uranium), which lies within the Gawler Craton in South Australia, has defined drill targets that will be drilled as soon as possible after the Company lists on the ASX.

The Penny’s Find Project, located within the Archaean Yilgarn Craton, has defined a gold resource (prepared in accordance with the Joint Ore Reserves Committee – Australasian Code for Reporting of Mineral Resources and Ore Reserves (‘JORC Code’), while the Yuinmery Project is prospective for copper, gold and nickel.

The Troy Creek and Paradis Projects are situated in the Ashburton Structural Corridor. Troy Creek, which lies in a Proterozoic terrane, is highly prospective for gold, PGM and base metals, while Paradis lies within Archaean rocks on the southern margin of the Pilbara Craton and is prospective for PGM, gold and nickel.

Cheers ;)
MOBCAT