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Empire Resources Strikes Copper With First Drilling In The Gascoyne

Empire Resources (ASX: ERL) has discovered copper mineralisation at the Wynne Project in Western Australia's Gascoyne Region with the first ever drilling in the area.

The first hole of a nine hole reverse circulation drilling program has intersected shallow visible secondary copper mineralisation, with a visual estimate returning about 1 metre at up to 50% copper from 5 metres.

This mineralisation could represent an enriched zone above a primary source, which has not yet been identified.

David Sargeant, managing director of Empire, said the full extent of the mineralisation at Wynne would not be determined until assays from the drilling program were received. Assays are expected in June.

"The Wynne discovery has the potential for developing into a significant copper province given the scale of surface indications identified to date," Sargeant said.

"This discovery obviously changes our immediate priority and we now intend to increase our exploration effort at Wynne."

Drilling at Wynne is focused on testing copper anomalous gossanous ironstones over more than five kilometres.

Empire has received support for the program from the Western Australian Government, receiving a $75,000 grant through the Incentive Scheme Co-Funded Drilling Program.

This copper intersection at Wynne marks Empire's sixth mineral discovery since listing on the ASX in 2007.

Gold and copper focus

Empire's interests are primarily in copper and gold, including the Penny's Find Gold Project, where the company discovered new high grade gold in April.

A four hole drilling program at Penny's Find returned gold mineralisation from all holes, with highlight intersections including:

- 6 metres at 13.34 grams per tonne (g/t) gold from 113 metres, including 4 metres at 19.43g/t;
- 8 metres at 4.02g/t gold from 100 metres, including 2 metres at 12.95g/t; and
- 3 metres at 14.42g/t gold from 143 metres.

Penny's Find is subject to a sale agreement with unlisted company Brimstone Resources, which plans to bring the project into production.

The terms of the agreement were recently revised, with the sale price for a 100% interest in the project increasing to $3 million from $2 million.

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