Proactive Investors
22 Jun 2026, 07:10 UTC · 20w ago
Empire Metals confirms exceptional titanium grades across 6.25-square kilometre deposit
Impact · against what's priced in
Empire Metals is seeing a significant valuation catalyst following the confirmation of a high-grade, shallow titanium deposit and successful preliminary metallurgical testing. The combination of record grades (up to 21.44%) and low anticipated extraction costs substantially improves the project's economic viability ahead of a Q3 resource estimate update.
- EEE+0.80
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- In context
The confirmation of a 6.25-square kilometre deposit with a continuous 47-metre thick ore body near the surface significantly lowers projected capex. Record grades of 21.44% titanium dioxide and successful bench-scale testing reduce technical and economic risk.
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