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Cours Or & Argent

Empire Mining Corporation

Publié le 18 mai 2011

Empire Mining Corp.

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Mots clés associés :   Calcium | Copper |
 
News Release - Empire Mining Corporation Join our Email List


Continuity of Significant Shallow Copper-Gold Skarn Mineralization Confirmed in Review of Drill Core and Additional Assays from Bursa - Demirtepe Target.

Vancouver, B.C., May 18th, 2011. Empire Mining Corporation (EPC: TSX-V) ("Empire") is pleased to announce additional assay results for the next diamond drill hole DTH-008 completed at the Demirtepe target area of the Bursa copper-gold-silver-molybdenum project located in Turkey.

Drill-hole DTH-008 was drilled vertically from the same drill pad as the discovery hole DTH-001 (angled at -75 degrees) that intersected 47.35 meters of 2.02% copper and 0.96 g/t gold. Significant skarn mineralization was intercepted in DTH-008 as follows:

  • From 28.3m to 49.55m; 1.66%copper, 1.02 g/t gold, 32 g/t silver over a sampled width of 21.25 m;

  • Including a higher grade intercept of 5.25 m 4.83% copper, 2.96 g/t gold, 92 g/t silver over a sampled width of 5.25 m from 37.10 m to 42.35 m; and

  • From 208.35 m to 211.15 m; 1.68% copper, 0.52 g/t gold, 17.3 g/t silver over a sampled width of 2.8 m. This intercept is some 50 meters away from its equivalent in the Discovery Hole.

A table with significant results to date is available at the following link:

http://www.empireminingcorp.com/i/nr/2011-05-18-table.pdf

Copper-gold mineralization in the Main Zone has been intercepted in all five drill-holes for which assays have been received to date; within a 250 meter by 75 meter north-south structural corridor (DHT 006 was mainly drilled outside the corridor, although collared within it). The Main Zone is open to the north, to the south and at depth and hole-to-hole correlation is evident. Detailed geological logging of the drill cores has enabled a clearer interpretation of grade and width continuity. There are two clear zones of copper-gold mineralization; one at depths of 50 to 70 meters, the other between 100 and 140 meters from surface. There is also a third, intermediate zone, evident in two of the drill-holes.

A longitudinal section and a map depicting the surface projection of the mineralization can be viewed at the following link:

http://www.empireminingcorp.com/i/nr/2011-05-18-longitudinal.pdf

Three maps plotting drill holes against geology, copper geochemistry and gold geochemistry can be viewed at the following link:

http://www.empireminingcorp.com/i/nr/2011-05-18-maps.pdf

Photos of core from DTH-008 can be viewed at the following link:

http://www.empireminingcorp.com/i/nr/2011-05-18-photos.pdf

Copper-gold is hosted almost exclusively by wollastonite, a calcium silicate mineral. This mineral forms approximately 50% of the rock mass in the upper 150m of the longitudinal section. A commodity review carried out for Empire by a Swedish-based industrial minerals specialist suggests that wollastonite could be a valuable co-product of copper and gold. Mineral processing specialists are being contacted to scope test work applicable to these ores in order to extract best value.

Drilling will continue to explore for extensions of the Main Zone skarn body and to build up sections using infill drilling where necessary for resource estimation purposes. IP geophysical targets to the north of the Main Zone have also been earmarked for drilling in the coming few weeks.

Quality Assurance/Quality Control

All core was sawn in half with sample widths determined by geology and mineralization. Individual samples within visible mineralization did not exceed 1.0 m, while the maximum sample interval was 2.0 m. Samples were bagged, security tagged and sent to the ALS Chemex sample preparation facility in Izmir, Turkey and, following preparation, to the ALS Chemex laboratory in Vancouver. Gold was determined by fire assay with AA finish, ore grade repeats were run with ICP-AES and a total of 33 elements determined by ICP after four-acid digestion. Blank, replicate and Certified Reference Material made up approximately 15% of the batch. Additional check assays are under consideration, as is the acquisition of certified reference material in the higher grade range of the received assays.

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

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

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.


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Empire Mining Corporation

EXPLORATEUR
CODE : EPC.V
ISIN : CA19890A1003
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Empire Mining est une société d’exploration minière basée au Canada.

Empire Mining détient divers projets d'exploration au Serbia and montenegro, en Serbie et en Turquie.

Ses principaux projets en exploration sont BULQIZA en Albanie, NEVLJE au Serbia and montenegro, POVLEN en Serbie et BURSA en Turquie.

Empire Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 13,5 millions CA$ (12,6 millions US$, 9,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 janvier 2011 à 0,72 CA$, et son plus bas niveau récent le 17 mai 2013 à 0,04 CA$.

Empire Mining possède 93 348 000 actions en circulation.

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Financements de Empire Mining Corporation
06/09/2012Completes First Tranche of Private Placement
14/08/2008Announces Closing of Private Placement; Sprott and Passport ...
14/03/2008Announces Private Placement
23/07/2007Closes Non-Brokered Private Placement
Nominations de Empire Mining Corporation
04/02/2008Appoints David Cliff as President and CEO, Director
Projets de Empire Mining Corporation
23/09/2011(Bulqiza)Cabo Drilling Corp. Awarded Second Underground Drilling Cont...
09/05/2011(Bursa)7.77% Copper, 3.02 g/t Gold and 116 g/t Silver Intersected O...
14/04/2011Invite - Empire Mining - Chicago Resource Expo
28/02/2011(Povlen)Acquires Licence Over Copper-Cobalt-Zinc Deposits in Serbia
06/11/2008(Bursa)Outlines Significant Porphyry Copper Mineralization in Drill...
04/11/2008(Nevlje)Awarded Second Exploration License in Serbia
10/07/2008(Bursa)Drilling Commences at Bursa Copper Porphyry Project, Turkey
Communiqués de Presse de Empire Mining Corporation
26/03/2013Columbus Copper
17/01/2013Columbus Copper
09/01/2013Empire Mining Corp.
06/11/2012Empire Mining Corp.
06/11/2012Albanian Chromite Licenses Formally Returned to Empire
30/10/2012Empire Mining Corp.
30/10/2012Drilling Commences at Empire's Karapinar Copper Porphyry Pro...
24/10/2012Empire Mining Corp.
02/10/2012Empire Mining Corp.
02/10/2012(Nevlje)Nevlje Project in Serbia Hosts Intense Magnetic Anomaly Sout...
03/07/2012Empire Mining Corp.
29/03/2012Empire Mining Corp.
16/12/2011Empire Mining Corp.
26/09/2011Empire Mining Corp.
22/09/2011Empire Mining Corp.
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20/09/2011Empire Mining Corp.
13/09/2011Empire Mining Corp.
01/09/2011Empire Mining Corp.
30/08/2011Empire Mining Corp.
23/08/2011Empire Mining Corp.
14/07/2011(Bulqiza)Drilling at Empire Mining's Bulqiza Chromite Project Interse...
18/05/2011Empire Mining Corp.
09/05/2011Empire Mining Corp.
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15/04/2011Empire Mining Corp.
14/04/2011Empire Mining Corp.
26/02/2009Awarded Exploration Licenses at its Bulqiza Chromite Project...
10/11/2008Management Team
19/08/2008Empire Awarded Strategic Exploration License in Serbia
21/05/2008Acquires Significant Chromite Exploration Project in Albania
09/11/2007Completes Qualifying Transaction
18/09/2007Announces Qualifying Transaction
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