Empire Metals Ltd Stock Price, News & Analysis

Empire Metals (OTCQX:EPMLF) has announced interim results for H1 2025, highlighting significant progress at its Pitfield Project, confirmed as the world's largest new titanium discovery. The project delivered exceptional drilling results, with a high-grade core averaging ~6% TiO₂ over a 3.6km strike length.

Key achievements include metallurgical testwork achieving 99.25% TiO₂ product purity, successful fundraising of £4.5 million in May 2025, and expansion to US markets through OTCQX listing. The company reported a loss of £1.7 million for H1 2025, with a strong cash position of £6.3 million as of June 30, 2025.

The company is preparing to release its maiden Mineral Resource Estimate and has strengthened its management team with strategic appointments to advance the project toward commercialization.

Empire Metals Limited (OTCQX:EPMLF) has upgraded its trading status from the OTCQB Venture Market to the OTCQX Best Market, the highest-level trading venue of OTC Markets Group. The company's shares will trade under the symbol "EPMLF", providing U.S. investors with enhanced access to invest in Empire's titanium exploration and development operations.

The upgrade follows Empire's progress at the Pitfield Titanium Project, including successful drilling results and metallurgical advancements. This move enables U.S. investors to trade Empire's shares in U.S. dollars during U.S. market hours and access the same level of information as UK shareholders through U.S.-facing platforms.

Empire Metals (OTCQB:EPMLF) has announced a significant breakthrough in metallurgical testwork at its Pitfield Project in Western Australia. The company achieved exceptional titanium recoveries of 77% (rougher stage) and 90% (cleaning stage) from weathered ore samples, with an overall recovery of approximately 67% from flotation feed to final product.

The process development achieved a high-purity final product of 99.25% TiO₂ with minimal impurities, suitable for titanium sponge metal or pigment production. The breakthrough demonstrates that Pitfield's ore can be processed using conventional separation and refining techniques, offering cost and environmental advantages over typical ilmenite feedstock processing due to its low Fe₂O₃ content (~5%).

The company plans to complete bench and large-scale batch metallurgical testwork by Q1 2026, followed by continuous pilot plant operations using accredited commercial laboratories, eliminating the need for a costly bespoke demonstration plant.

Empire Metals Limited (OTCQB:EPMLF) has announced exceptional drilling results from its Pitfield Project in Western Australia, specifically at the Thomas Prospect. The campaign revealed significant titanium dioxide (TiO₂) mineralization, with outstanding intercepts including 44m @ 7.87% TiO₂ from surface and 98m @ 7.05% TiO₂ from 2m.

The drilling program, comprising 382 drill holes totaling 32,265 metres, identified a large, high-grade central core averaging approximately 6% TiO₂ across a continuous 3.6km strike length. Nearly two-thirds of all drillholes averaged above 4% TiO₂, with over 90% exceeding a 2% cut-off. These results will support the company's maiden JORC-compliant Mineral Resource Estimate (MRE).

Empire Metals Limited (OTCQB:EPMLF) has announced significant strategic appointments and the commencement of bulk metallurgical testing at its Pitfield Titanium Project in Western Australia. The company has appointed Alan Rubio as Study Manager and Pocholo Aviso as Hydro-metallurgist to strengthen its project development team.

The company has also partnered with Strategic Metallurgy Pty Ltd, a Perth-based metallurgical consultancy, to oversee the metallurgical testwork programme. The bulk testing program, using 0.5 to 1.5 tonnes samples, includes ore scrubbing, desliming, gravity spiral testwork, and flotation testing on the fines fraction. This testing will produce significant quantities of mineral concentrate for large-scale beneficiation testing and enable the first-time supply of bulk product samples to potential end users.

Empire Metals (OTCQB:EPMLF) has completed its largest drilling campaign at the Pitfield Project in Western Australia, targeting high-grade titanium mineralization. The campaign included 180 drill holes totaling 10,136 meters, comprising 140 Air Core holes (6,360 meters) and 40 Reverse Circulation holes (3,776 meters).

The drilling program, conducted on a systematic 400m by 200m grid covering 1,352 hectares, will support the company's maiden JORC-compliant Mineral Resource Estimate (MRE) at the Thomas Prospect. The project's total drilling has now exceeded 32,000 meters across 382 holes, providing a robust foundation for geological modeling and resource definition.

Located 313km north of Perth, the Pitfield titanium project benefits from existing infrastructure including port connections, power substations, and proximity to natural gas pipelines.

Empire Metals Limited (EPMLF) has announced the exercise of warrants resulting in the issuance of new ordinary shares. SP Angel Corporate Finance LLP exercised warrants for 70,000 shares at £0.06 per share, totaling £4,200. Additionally, Shard Capital Stockbrokers exercised warrants for 689,988 shares at £0.105 per share, amounting to £72,448.74. The company will apply for admission of these new shares to trading on AIM, expected to become effective around June 18, 2025. Following the admission, Empire Metals' total issued share capital will consist of 690,393,221 ordinary shares, representing the total number of voting rights in the company.

Empire Metals Limited has achieved a significant breakthrough in its Pitfield Project in Western Australia, producing an exceptionally high-purity titanium dioxide (TiO2) product with 99.25% purity through conventional beneficiation, leaching, and refining processes. The product, derived from mineral flotation concentrates from the project's weathered cap, contains minimal impurities and is suitable for high-quality titanium sponge metal or titanium dioxide pigment production. The company utilized an acid bake-water leach process with sulfuric acid, conducting tests at ALS Metallurgy laboratories in Perth. The process involved multiple stages including wet scrubbing, gravity separation, froth flotation, acid leaching, hydrolysis, and calcination. The Pitfield Project, strategically located 313km north of Perth, benefits from existing infrastructure including port connections, power substations, and proximity to planned green energy facilities.

Empire Metals Limited (EPMLF) announced its final results for 2024, highlighting the Pitfield Project as the world's largest titanium discovery with a JORC Exploration Target of 26.4-32.2 billion tonnes at 4.5-5.5% TiO₂. The company reported a breakthrough discovery of near-surface saprolite zones rich in high-grade anatase and rutile, achieving 91.7% TiO₂ product purity through conventional processing methods. With a strong cash position of £7 million as of May 2025, Empire has strengthened its technical team and board with industry experts. The company's focus on strategic titanium development aligns with accelerating global demand in aerospace, defense, and pigment markets.