Empire Resources (ASX:ERL) announced financial results for the quarter ended 30 September 2022.
Aircore (AC) drilling recommences at the Penny?s Gold Project.
5,000m drill program targeting five highly prospective gold targets.
Following up historical anomalous soils and previously drilled gold intercepts.
Results expected during the December quarter.
Yuinmery Project delivers further wide intercepts of Cu-Ni-Co mineralisation.
23.09m @ 0.45% Cu, 0.15% Ni & 364ppm Co from 328.42m in hole YDD22-04 at Smiths Well Prospect.
Downhole Electromagnetic (DHEM) geophysical surveys completed at both Smiths Well and YT01 Prospects.
$100,000 Penny?s Find Gold Project non-commencement royalty pre-payment received.
Following the announcement the company?s share price unchanged.