TIDMEEE
RNS Number : 9576K
Empire Metals Limited
07 September 2021
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
7 September 2021
Empire Metals Limited ('Empire' or the 'Company')
Appointment of Key Personnel to Our Exploration Team
Empire Metals Limited, the AIM-quoted resource exploration and
development company, is pleased to announce the appointments of Ed
Baltis, as Exploration Consultant, and Louisa Stokes as Exploration
Geologist.
In this newly created role, Mr. Baltis will assist Empire with
exploration strategy and targeting, business development, and
project evaluation, specifically looking within the Eastern
Goldfields of Western Australia, as the Company moves to advance
its two Australian based gold projects, at Eclipse and Central
Menzies.
Ed Baltis has an extensive knowledge on the geology within the
Archaean Yilgarn Craton and its mineral potential with expertise in
orogenic gold systems, as well as notable operational experience
having managed and led exploration campaigns for a diverse range of
commodities throughout Australasia, Africa and the Americas.
Amongst other positions he was previously Regional Exploration
Manager for Australasia and subsequently Vice President Project
Generation for Gold Fields Limited, where he was integral to the
successful acquisition of Barrick Gold assets in Australia in 2013
and provided oversight of the exploration programmes that led to
discovery of >2.5Moz Invincible deposit at St Ives.
Prior to joining Gold Fields, he had a long and distinguished
career with Western Mining Corporation ("WMC"), where he achieved
the position of Principal Geologist within the WMC Global Gold
exploration team. The team developed robust gold targeting
parameters that successfully predicted the locations of several
subsequent gold discoveries, parameters which have been further
developed and remain relevant today.
More recently he established consulting company Gold Vector Pty
Ltd and has been closely involved in an emerging gold discovery at
Mandilla, 60km south of Kalgoorlie.
Louisa Stokes is a PhD Candidate (Applied Geology) at Curtin
University, Perth, Western Australia. She graduated from the Royal
School of Mines, Imperial College London with a MScs Geology (1st
Class with Honours) in 2010 before embarking on a career as an
Exploration Geologist working in places such as Armenia, Liberia
and Mali for gold explorers and producers.
Amongst other responsibilities and achievements, Louisa was
involved in the discovery and development of the 3.56Moz Dugbe Gold
Project in southwest Liberia for Hummingbird Resources plc, where
she:
-- conducted detailed lithological and structural logging of
core from the orogenic gold deposits on the Dugbe Shear Zone;
-- integrated the geology and regolith mapping, topographic
surveying (LiDAR) and airborne geophysical surveys;
-- designed, implemented and managed regional soil sampling and
trenching programmes in over 2,355km(2) of the Dugbe licenced area;
and
-- managed various mineral resource, geotechnical and hydrological drilling programmes.
Louisa joins the Company in the role of Exploration Geologist
where she will p rovide technical guidance to a small team of
exploration focused geologists and field assistants as well as
analysing belt-scale geological, geochemical and geophysical
datasets and providing input into developing mineral exploration
models and strategies to find future orebodies.
Shaun Bunn, Managing Director, said: "The appointment of not
just one, but two highly regarded and experienced professionals
such as Ed and Louisa is a significant milestone for the Company. I
am delighted that our core exploration team is continuing to grow
and it comes at a time when we are advancing our understanding of
the gold mineralisation at both our Eclipse and Central Menzies
Gold Projects. Both assets remain under-explored and have
significant potential to develop into viable development
projects."
The Eclipse Gold Project
Empire Metals has a 75% interest in the high-grade Eclipse Gold
Project comprising a mining licence located 55km north-east of
Kalgoorlie, Western Australia, together with an option to acquire
the remaining 25%.
The project lies within the highly concentrated gold mining
region of Western Australia, north-west of famous gold operations
such as Kanowna Belle and Paddington (Figure 1).
The Central Menzies Gold Project
The Company recently announced the signing of an Option
Agreement to acquire a 75% interest in the Central Menzies Gold
Project, located in the Menzies Shire, approximately 115km north of
the city of Kalgoorlie-Boulder and 10km south of the township of
Menzies. The prospect is accessible from Kalgoorlie-Boulder via the
sealed Goldfields Highway and then by a 2km unsealed road.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014, as incorporated into UK law by the
European Union (Withdrawal) Act 2018, until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or
contact:
Shaun Bunn Empire Metals Ltd Company Tel: 020 7907
9327
Mike Struthers Empire Metals Ltd Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Adam Cowl S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
Selina Lovell St Brides Partners Ltd PR Tel: 020 7236
1177
About Empire Metals Limited
Empire Metals is an AIM-listed (LON: EEE) exploration and
resource development company with a project portfolio comprising
gold interests in Australia and Austria.
The Company strategy is to develop a pipeline of projects at
different stages in the development curve. Its current focus is on
the high-grade Eclipse Gold Project and the Central Menzies Gold
Project in Western Australia, with the goal to expand through the
addition of further projects in the region to develop a viable and
compelling portfolio of precious metals assets.
Empire also holds a portfolio of three precious metals projects
located an historically high-grade gold production region
comprising the Rotgulden, Schonberg and Walchen prospects in
central-southern Austria.
The Board continues to evaluate opportunities through which to
realise the value of its wider portfolio and reviews further assets
which meet the Company's investment criteria.
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END
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September 07, 2021 02:11 ET (06:11 GMT)
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