Latest Empire Resources (ASX:ERL) News

Small-cap materials shares produced wide gains and losses as fresh discoveries competed with funding warnings and delayed mine starts.
Rare earths, lithium, gold and copper projects added scale, but approvals, cash and construction remain the key tests.

Empire Resources has expanded its Yuinmery exploration story with new copper, gold and PGE zones, but its FY2026 annual report carries a material uncertainty over whether the company can continue as a going concern. A $4.825 million capital raising lifted cash, yet losses and director-related debt also increased.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Empire Resources has identified rare earth oxide and phosphate mineralisation across three Yuinmery prospects, with new archived-drilling results reaching 1,712.5ppm TREO+Y. The early-stage opportunity now depends on additional assays, follow-up drilling and proof that the material can be upgraded economically.

Empire Resources has reported promising preliminary assay results from its April 2026 RC drilling campaign at the Yuinmery Copper-Gold Project, revealing new copper and gold mineralisation across multiple prospects including the newly identified Hillside and Microbe Well zones.

Empire Resources Limited has completed the issuance of 1 million shares under the second tranche of its placement, following shareholder approval at the recent extraordinary meeting. This move strengthens the company’s capital base as it pushes forward with its gold and copper projects in Western Australia.

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Empire Resources has reported encouraging preliminary assay results from its January 2026 aircore drilling program at the Yuinmery Copper-Gold Project, highlighting new gold and copper mineralisation across multiple prospects. The company plans follow-up deeper drilling to better define these targets.

Empire Resources has successfully raised nearly $2.9 million through the first tranche of its planned $5 million placement, with a second tranche pending shareholder approval in March.

Empire Resources has successfully raised A$5 million through a two-tranche placement to accelerate exploration at its Yuinmery and Penny’s projects, with strong backing from existing and new investors.

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.

Empire Resources has reported promising high-grade gold and copper anomalies from recent rock chip and soil sampling at its Yuinmery Copper-Gold Project, setting the stage for targeted drilling in 2026.