Empire Resources Reports Encouraging Cu-Ni-PGM Mineralisation In Drilling At Yuinmery Project

  • Jul 23, 2020 AEST
  • Team Kalkine

Gold and copper focussed exploration and development company, Empire Resources Limited (ASX:ERL) had received encouraging results from its June RC drilling campaign, which has continued to intercept copper-nickel mineralisation at depth and down plunge in the north-east of Smith Well.

Strongly sulphidic mineralisation containing chalcopyrite, pyrrhotite and pyrite in varying concentrations has been intercepted through drilling in 2020 so far.

ERL continues to receive excellent exploration results for Yuinmery Project and a broad zone of Cu-Ni-PGM mineralisation has been identified in RC hole YRC20-28 at YT01 in June. Drilling results at YT01 indicate potential for significant Cu-Ni-PGM discovery at the largely untested YT01 prospect.

ERL is presently engaged in re-assaying recent drilling to help in understanding the geological setting of YT01 and its implications for mineralisation.


The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


Penny stocks have been known to attract investors who are looking for explosive gains and it is possible to get lucky with these typically speculative investments. Just as the name suggests, penny stocks trade at low prices and are common shares of small public companies.

Get an exclusive insight into the features of penny stocks along with their pros and cons. Read about what you should be wary about when figuring out ways to invest in them, so that the possibility for big rewards does not tend to outweigh the risks.

Find out more about penny stock winners from 2019

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK