Empire Metals Limited announced the analytical lab results from an initial 18 Reverse Circulation (RC) drill holes at thePitfield Project in Western Australia (Pitfield or the Project), which further extends and increases the understanding of the known areas of high-grade TiO2 mineralisation and will form the basis for a JORC code Exploration Target. Significant RC drill hole intercepts include: RC24COS019 intersected 148m @ 6.49% TiO2 from 0m; RC24COS018 intersected 148m @ 6.30% TiO2 from 0m; RC24COS016 intersected 136m @ 6.08% TiO2 from 12m; and § RC24TOM015 intersected 154m @ 5.30% TiO2 from 0m. The planned drill programme at Pitfield was completed in late March, and consisted of 40 RC drill holes totalling 6,086m, and four diamond core drill holes totalling 807m.

The RC drill holes ranged between a down hole depth of 148m to 154m, whilst the diamond holes were all drilled to a downhole depth of 202m. The drilling was completed on time and on budget with no significant incidents. Excellent core recovery was achieved from the diamond drilling, commencing from surface to the end of the hole.

The results received so far to date continue to prove up the extent and grade of the mineralisation at two of the key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO2 mineralisation, each being over 7km in strike length. Logging of the diamond drill core has confirmed that the geology within the key prospects remains the same as previously reported within the area, with sandstone dominating the geology with small interbeds of conglomerate and siltstone. There is evidence of strong alteration, consisting of hematite, epidote and carbonate, which overprints the sandstones and conglomerates.

The diamond drilling, particularly the near surface core, will provide important samples for further metallurgical and mineralogical studies. Analytical laboratory results from the first 18 holes show continuous TiO2 mineralisation throughout each drill hole, with all drill holes still in TiO2 mineralisation at the end of the hole. This was expected and is consistent with previous RC and diamond drilling results, whereby diamond drilling for instance has confirmed mineralisation to 350m below the surface.

The Company is currently awaiting the results from the remaining 22 RC drill holes and the four diamond drill holes. All remaining RC drill hole samples and diamond core samples have now been prepared and submitted to the analytical laboratory for analysis. Future Work: Metallurgical Test Work: Mineralogical studies have now been initiated on recently recovered diamond core sections, aimed to define better the mineral assemblage of near surface weathered bedding portions as well as deeper bedded mineralisation.

Results are expected to provide important information in relation to the differing zones of oxidation encountered from surface to depth, and the effect that weathering may have on the main economic minerals and gangue minerals present. This in turn will inform the metallurgical team and allow them to tailor the processing testwork to better suit the varying ore characteristics. Exploration Target: Geological modelling work has been initiated in relation to the delineation of an Exploration Target over the Cosgrove and Thomas prospects, utilising the drilling and surface sampling results from the 2023 exploration campaigns.

Completion of this work is dependent on the receipt of the remaining drill hole analytical results from the 2024 programme and further geological and mineralogical assessment. As announced as part of the Company's Development Plan (27 March 2024) it is intended to provide an Exploration Target for both the Cosgrove and Thomas prospects, in accordance with the requirements of the Joint Ore Reserves Committee of The Australian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC) code, post the current drill programme. The Exploration Target is the precursor to the development of a Mineral Resource Estimate, which the Company is rapidly advancing towards.