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ERL, EMPIRE RESOURCES LIMITED
fluff
post Posted: Mar 19 2009, 05:45 AM
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Time for the sleeping giant to wake up, its very much undervalued in its current state.


Empire's first resource estimate for Yuinmery project
11:33, Wednesday, 18 March 2009

A JORC-compliant resource of 1.07m tonnes grading 1.82pc copper and 0.78pc gold has been announced by Empire Resources Ltd (ASX:ERL) for its Yuinmery project, south of Sandstone in Western Australia.
The estimate is the first for Empire's wholly-owned Yuinmery copper-gold project and follows a round of drilling by the company on the project's Just Desserts prospect last year and at shallow depths between 50m and 250m.
Managing director Mr David Sargeant said the potential to readily upgrade the resource was significant because the mineralisation remained open at depth and along strike, and the compliant resource was restricted to sulphide and transitional mineralisation types.
The company is investigating toll treatment development options for the prospect.





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MZM
 
fluff
post Posted: Mar 18 2009, 10:53 AM
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Huge copper grades just released to the market, ERL is going to run very hard today



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MZM
 
at ease
post Posted: Jan 13 2009, 07:56 PM
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by the way trading volumes are very nice numbers like 100k, 50k etc, maybe there's something about this company i'm not aware of, i must look like a goose!

 
at ease
post Posted: Jan 13 2009, 07:53 PM
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hey, just wondering if anyone knows why ERL went up by 150% today...new to trading and there are no announcements on the asx...just seems curious, any replies will be greatly appreciated because i can't see why!

thanks in advance!

 
ShareNovis
post Posted: Nov 28 2007, 02:08 PM
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In reply to: Hampster on Tuesday 27/11/07 10:50am

hey Hampster,

I think we're going to get a bit more activity in ERL now that there was a good announcement today ..... I found an article about it on HC (spottygoose found and posted it on HC), copy below:

Mining News

Empire buoyed by Yuinmery results


Colin Jacoby
Wednesday, November 28, 2007

SHARES in Empire Resources soared 37% this morning after announcing high-grade copper-gold intersections from the remaining 10 holes of a 15-hole reverse circulation drilling program at its Yuinmery copper-gold project in Western Australia.

The stock added 7c to hit an intraday high of 26c with close to 1 million shares changing hands by 11.40 EST.

The company said in a statement that while mineralisation was located at all targets drilled, potentially economic mineralisation was outlined at only two prospects.

Significant intersections from two holes drilled at the Just Desserts prospect at Yuinmery included 3m at 5.53% copper, 0.98 grams per tonne gold from 117m, 2m at 2.37% copper, 0.05gpt gold from 133m and 6m at 4.46% copper, 0.30gpt gold from 68m.

Previously reported intersections from Just Desserts include 14m at 2.63% copper, 1.91gpt gold from 80m, 8m at 3.64% copper, 1.13gpt gold from 97m, 6m at 3.79% copper, 12.85gpt gold from 111m and 2m at 2.47% copper, 0.34gpt gold from 128m.

"This program was designed to test seven separate geological or geophysical targets in an area where previous exploration has located copper-gold volcanogenic massive sulphide mineralisation," the company said.

Under the terms of an agreement, Empire may earn up to a 90% interest in the Yuinmery tenements from privately held company, Meekal.

"We are excited about these results as we now have three drill holes at Just Desserts that have intersected massive sulphide high-grade copper-gold mineralisation over a strike length of 200 metres," Empire's managing director David Sargeant said.

"This mineralisation is open in both directions with no drill testing yet below 150 metres."

Sargeant added that a diamond drilling program was warranted at the prospect given the high-grade nature of the mineralisation and the untested potential along strike and at depth.

Shares in Empire had cooled to 22c at midday.


 
Hampster
post Posted: Nov 27 2007, 10:50 AM
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Has everyone gone quiet on Empire? No Trades today.


 


one fat lady
post Posted: Nov 19 2007, 05:54 PM
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In reply to: ShareNovis on Monday 19/11/07 11:28am

yea I bought in today for anticipation for a run tomorrow

 
ShareNovis
post Posted: Nov 19 2007, 01:28 PM
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In reply to: kelix on Wednesday 09/05/07 04:48pm

Have you guys seen the price today? biggrin.gif

ERL hits high grade Gold and Copper:

Part of announcement:

Empire’s Managing Director David Sargeant said: “These are two of the best holes that have ever been drilled at Yuinmery. It is particularly exciting that such high gold and copper values were obtained from the Just Desserts Prospect and at a relatively shallow depth below the surface.



 
kelix
post Posted: May 9 2007, 04:48 PM
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In reply to: RADIO on Friday 04/05/07 02:29pm

Struck gold... she will fly tomorrow.. best of luck if any hold.. i missed out.. sad.gif Could be another RMS

 
RADIO
post Posted: May 4 2007, 02:29 PM
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SHARESCENE TV: Sharemarket Video Updates 6 Times a Day + Regular Broker Interviews + Educational Video Tutorials. Check out this site's very popular new feature.
Click here to Visit ShareScene TV

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user posted image
Recent ShareScene.com Radio Broadcast (27/04/2007 15:30:00):
ERL - Third Quarter Activities Report - Mr Adrian Jessup, Executive Director

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
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