Interview with Shaun Bunn, Managing Director of Empire Metals (AIM: EEE).

Our previous interview: https://youtu.be/SqGQQmHU6tM

Recording date: 1st June 2023

Empire Metals has been exploring a massive mineral system with a primary focus on copper deposits. However, they recently discovered a significant high-grade titanium mineral system instead, which has the potential for market success due to the high demand for titanium in various industries, including defense. The discussion revolves around the implications of this discovery, whether they should continue pursuing titanium or refocus on finding copper. The company has raised funds for further exploration and plans to conduct diagnostic work, petrology analysis, and test work to understand the titanium mineral system. They also intend to conduct reconnaissance programs and detailed gravity analysis to narrow down copper targets. Although the copper concentration is not yet economically viable, the presence of significant copper indicators suggests the potential for a substantial copper deposit within the vast mineral system. The company acknowledges the need for drilling to confirm their findings and emphasizes their commitment to finding the trapped copper and keeping investors informed about their progress.