Empire Mining Corporation

Published : September 22nd, 2011

Empire Mining Corp.

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Albania | Collapse | Counterparties | Diamond |
 
News Release - Empire Mining Corporation Join our Email List


Empire Commences Drilling at Bulqiza 1440 Adit, Albania; Targets High-Grade Chromite

Vancouver, B.C., September 22, 2011. Empire Mining Corporation (EPC: TSX-V) ("Empire") is pleased to announce that drilling has commenced at the Bulqiza Deposit* which forms part of the Bulqiza-Batra Licence at Empire's wholly owned Bulqiza chromite project in Albania. Up to 12 Diamond core holes totalling approximately 1,250 metres are planned at the 1440 adit and will target the fold structures identified by the geological reconstruction of historical state records and confirmed by a limited initial drilling program in 2010.

The 2010 drilling was carried-out from surface and intersected banded and massive chromite mineralization only some tens of metres above the 1440 adit. Work to rehabilitate the adit was therefore undertaken during the past year in order to provide access to drill sites in closer proximity to the fold structures where the highest chromite grades and thicknesses, and therefore tonnage potential, are interpreted to occur from the state data. The highest grades are to be expected close to the fold closures, while lower grade and banded ores generally occur on the fold flanges.

Various sections, maps and photos are available at the following link:

http://www.empireminingcorp.com/i/nr/2011-09-22-sections-maps-photos.pdf

In September 2010 Empire announced that Phase I drilling at the Bulqiza Deposit* had definitively confirmed the existence of the eastern mineralized extension of the fold structures (the "Eastern Limb") controlling and hosting the chromite ores in the productive Bulqiza and Batra mines (the "Orebody")* where recorded past production is about 20 million tonnes of high-grade (35%-42% Cr2O3) and high metallurgical quality (CrFe ratios of up to 3:1) ore. The drilling confirmed the Eastern Limb at both ends of the Orebody*, which extends over 2 km of strike and over an average width of 500 metres. A longitudinal view of the Orebody* can be viewed at the following link:

http://www.empireminingcorp.com/i/nr/2011-09-22-longitudinal.pdf

The 1440 adit extends south over a 5 km length from the Bulqiza end of the Orebody* to beyond the Batra end of the Orebody* providing valuable infrastructure for drilling, evaluation and potentially eventual mining of nearby chromite ores. The adit was used as a ventilation system for the historical Bulqiza and Batra mining operations but had deteriorated after the collapse of state-controlled mining in 1990. Empire's mining crews have re-opened and made safe some 2,000 metres of adit, including old drilling chambers, cleared the drainages and established a second exit. In addition, 1,600 metres of insulated power cable have been laid in the adit to support the drilling, and a transformer and overhead power connection to the state grid have been installed outside to provide power. A new 300 metre access road link has also been established to the adit portal to facilitate access for the work force and equipment.

Further drilling is planned, as additional potential ore blocks have been identified from ongoing data compilation, with the aim of establishing sufficient chromite intercepts to calculate an initial resource estimate for part of the Orebody*.

*Caution: The terms "Deposit" and "Orebody" in this press release are used in the historical sense and are not meant to imply current economic viability.

Empire's Qualified Person, David C. Cliff, BSc (Hons), MIMMM, C Eng, FGS, also Empire's President & CEO, has reviewed and approved the content of this news release.

ON BEHALF OF THE BOARD,

David Cliff
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information contact:

Investor Relations
(604) 634-0970, or
1 888 818-1364
info@empireminingcorp.com

This release contains forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"), respecting Empire's exploration plans. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by the forward-looking statements, including without limitation the ability to acquire necessary permits and other authorizations; environmental compliance; cost increases; availability of qualified workers; competition for mining properties; risks associated with exploration projects, mineral reserve and resource estimates (including the risk of assumption and methodology errors); dependence on third parties for services; non-performance by contractual counterparties; title risks; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about: general business and economic conditions; the timing and receipt of required approvals; availability of financing; power prices; ability to procure equipment and supplies; and ongoing relations with employees, partners and joint venturers. The foregoing list is not exhaustive and Empire undertakes no obligation to update any of the foregoing except as required by law.

For more information on Empire go to: www.empireminingcorp.com Join our Email List


You are subscribed to this mailing list as .com. Please click here to modify your message preferences or to unsubscribe from any future mailings. We will respect all unsubscribe requests.


Data and Statistics for these countries : Albania | All
Gold and Silver Prices for these countries : Albania | All

Empire Mining Corporation

EXPLORATION STAGE
CODE : EPC.V
ISIN : CA19890A1003
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Empire Mining is a exploration company based in Canada.

Empire Mining holds various exploration projects in Serbia, in Serbia and montenegro and in Turkey.

Its main exploration properties are BULQIZA in Albania, NEVLJE in Serbia and montenegro, POVLEN in Serbia and BURSA in Turkey.

Empire Mining is listed in Canada. Its market capitalisation is CA$ 13.5 millions as of today (US$ 12.6 millions, € 9.3 millions).

Its stock quote reached its highest recent level on January 21, 2011 at CA$ 0.72, and its lowest recent point on May 17, 2013 at CA$ 0.04.

Empire Mining has 93 348 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Empire Mining Corporation
9/6/2012Completes First Tranche of Private Placement
8/14/2008Announces Closing of Private Placement; Sprott and Passport ...
3/14/2008Announces Private Placement
7/23/2007Closes Non-Brokered Private Placement
Nominations of Empire Mining Corporation
2/4/2008Appoints David Cliff as President and CEO, Director
Project news of Empire Mining Corporation
9/23/2011(Bulqiza)Cabo Drilling Corp. Awarded Second Underground Drilling Cont...
5/9/2011(Bursa)7.77% Copper, 3.02 g/t Gold and 116 g/t Silver Intersected O...
4/14/2011Invite - Empire Mining - Chicago Resource Expo
2/28/2011(Povlen)Acquires Licence Over Copper-Cobalt-Zinc Deposits in Serbia
11/6/2008(Bursa)Outlines Significant Porphyry Copper Mineralization in Drill...
11/4/2008(Nevlje)Awarded Second Exploration License in Serbia
7/10/2008(Bursa)Drilling Commences at Bursa Copper Porphyry Project, Turkey
Corporate news of Empire Mining Corporation
3/26/2013Columbus Copper
1/17/2013Columbus Copper
1/9/2013Empire Mining Corp.
11/6/2012Empire Mining Corp.
11/6/2012Albanian Chromite Licenses Formally Returned to Empire
10/30/2012Empire Mining Corp.
10/30/2012Drilling Commences at Empire's Karapinar Copper Porphyry Pro...
10/24/2012Empire Mining Corp.
10/2/2012Empire Mining Corp.
10/2/2012(Nevlje)Nevlje Project in Serbia Hosts Intense Magnetic Anomaly Sout...
7/3/2012Empire Mining Corp.
3/29/2012Empire Mining Corp.
12/16/2011Empire Mining Corp.
9/26/2011Empire Mining Corp.
9/22/2011Empire Mining Corp.
9/21/2011Empire Mining Corp.
9/20/2011Empire Mining Corp.
9/13/2011Empire Mining Corp.
9/1/2011Empire Mining Corp.
8/30/2011Empire Mining Corp.
8/23/2011Empire Mining Corp.
7/14/2011(Bulqiza)Drilling at Empire Mining's Bulqiza Chromite Project Interse...
5/18/2011Empire Mining Corp.
5/9/2011Empire Mining Corp.
4/19/2011Empire Mining Corp.
4/15/2011Empire Mining Corp.
4/14/2011Empire Mining Corp.
2/26/2009Awarded Exploration Licenses at its Bulqiza Chromite Project...
11/10/2008Management Team
8/19/2008Empire Awarded Strategic Exploration License in Serbia
5/21/2008Acquires Significant Chromite Exploration Project in Albania
11/9/2007Completes Qualifying Transaction
9/18/2007Announces Qualifying Transaction
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EPC.V)
0.145+0.00%
TSX-V
CA$ 0.145
06/23 15:50 -
0%
Prev close Open
0.145 -
Low High
0.145 0.145
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.145 -%
Volume 1 month var.
0 -%
24hGold TrendPower© : -21
Produces
Develops
Explores for Chromium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.82-1.52%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.73+3.93%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.58-2.36%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 1.98-1.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 11.39-0.87%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.33+6.45%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.65+1.23%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 39.74-1.21%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.