Empire Resources (ASX:ERL) has completed the second round of aircore reconnaissance drilling at the Penny’s gold project in Western Australia, with gold discovered in various assay results.

Empire Resources says broad zones of gold mineralisation were encountered at the PF09 prospect, where a distinct gold trend appears to be developing.

It highlighted assay results of 3m @ 0.99g/t Au from 36m including 1m @ 1.90g/t Au from 38m, and 24m @ 0.42g/t Au from 60m including 12m @ 0.68g/t Au from 64m.

Following the announcement, shares of Empire Resources (ASX:ERL) were unchanged at $0.006.