Empire Resources (ERL)

Shares / Stock Code

ERL

Stock Exchange / Sharemarket

Australian Securities Exchange

Empire Resources (ERL) is engaged in mineral exploration and evaluation of properties in Australia. The Company operates predominantly in Western Australia. It was listed at ASX on 1 February, 2007. The Company's long term objective is to become a successful mining house by the participation in the discovery and development of one or more world-class mineral deposits.

The short term objective is to enhance value and obtain a cash flow from the Company's existing tenements in Australia which have potential for gold, copper, uranium, nickel and PGM deposits. This value may be realized by identifying targets, delineating resources and entering into mining operations as well as entering into significant farm-out or royalty arrangements or acquiring new opportunities to provide an early cash flow.

The Company has, since listing, focused on the Penny's Find gold deposit where an expanded resource has been defined. A pre feasibility scoping study has commenced to indicate which development or sale options provide the optimum economic return for the shareholders and help meet the Company's short term objective.

Empire Resources (ERL) Products and Services

  • Mineral exploration

Empire Resources (ERL) Locations and Subsidiaries

Empire Resources Head Office
53 Canning Highway,
Victoria Park, WA 6100
Phone: 08 9361 3100
Fax: 08 9361 3184

Empire Resources (ERL) Share Price

Submitted by ASX Listed Company on 19 March, 2010 - 21:40

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