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Empire Metals sells 75% of its Eclipse Gold Project in WA to a local firm for A$750,000, pending due diligence.
Empire Metals Limited has agreed to sell 75% of its non-core Eclipse Gold Project in Western Australia to a local mining services firm for A$750,000, pending successful due diligence.
The deal includes a A$50,000 non-refundable deposit and A$700,000 payable after a three-month review period, during which limited drilling may occur.
The transaction supports the company’s focus on advancing its flagship Pitfield Titanium Project, which holds a 2.2 billion tonne resource grading 5.1% TiO₂.
Settlement is expected in early April 2026 if due diligence is favorable.
The company continues assessing other non-core assets for potential divestiture.
Empire Metals vende el 75% de su Proyecto de Oro Eclipse en WA a una firma local por A $ 750,000, pendiente de la debida diligencia.