EMPIRE RESOURCES LIMITED — Board/Management Information 2017

Jun 27, 2017

28 June 2017

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ACN 092 471 513

ASX Release

MINE MANAGER APPOINTMENT

Emerging gold miner, Empire Resources Ltd (ASX: “ERL”), is pleased to announce the appointment of Mr George Hewitt as Mine Manager to oversee the transition from development phase to full production at the Company’s new Penny’s Find gold mine, 50 kilometres northeast of Kalgoorlie in Western Australia.

Mr Hewitt has extensive experience in open pit operations throughout Western Australia.

Current open pit mine development at Penny’s Find has reached the first 10 metres vertically with gold ore already being produced and stacked on the ROM pad ready for haulage and processing. Very little drill and blast has been required to date, which has a positive impact on costs.

As the mining program continues, ore will be ready for haulage to the toll gold processing mill commencing in July. Empire has contracted Kalgoorlie’s Hampton Transport Services for ore haulage.

Empire is currently working to eventually take the mine underground as Penny’s Find’s gold mineralization extends to at least 250 metres depth, where it remains open, with a current known deeper resource inventory of 170,000 tonnes @ 5.40 g/t Au beneath the open-pit.

DAVID SARGEANT MANAGING DIRECTOR

For further information on the Company, Tel: +61 8 9361 3100 Visit: www.resourcesempire.com.au

Penny’s Find Resources*

Penny’s Find Resources*	Penny’s Find Resources*	Penny’s Find Resources*	Penny’s Find Resources*	Penny’s Find Resources*	Penny’s Find Resources*	Penny’s Find Resources*
Reportable In Situ Mineral Resource by location and cut-off
	Open Cut (0.5g/t)		Underground (1.5g/t)		Combined
Class	Tonnes	Au g/t	Tonnes	Au g/t	Tonnes	Au g/t
Measured	-	-	-	-	-	-
Indicated	218,000	4.64	84,000	4.90	302,000	4.71
Inferred	82,000	1.79	86,000	5.89	168,000	3.89
TOTAL	300,000	3.86	170,000	5.40	470,000	4.42

(*ASX announcement 2 September 2015)