EMPIRE RESOURCES LIMITED — Capital/Financing Update 2015

Jul 12, 2015

ASX Release

13 July 2015

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ACN 092 471 513

Empire commences drilling at Penny’s Find gold project in WA

Empire Resources Ltd (ASX: ERL) today announced the commencement of RC (Reverse Circulation) drilling at its revitalised Penny’s Find gold project joint venture, northeast of Kalgoorlie in Western Australia.

Penny’s Find contains a 2012 JORC compliant reportable mineral resource of 644,000 tonnes @ 2.99g/t Au for 61,900 ounces.*

This drilling programme is to obtain samples for further metallurgical testwork and to assess the hydrology of the deposit.

The data from this work will form part of the mining proposal to be submitted to the Department of Mines and Petroleum in coming months.

The deposit is situated on granted Mining Lease 27/156.

The joint venture comprises Empire Resources 60% and unlisted private company, Brimstone Resources Limited 40%.

DAVID SARGEANT MANAGING DIRECTOR July 2015

For further information on the Company, visit www.resourcesempire.com.au David Sargeant – Managing Director Phone: +61 8 9361 3100

*** Mineral Resource Estimates**

ates	ates	ates
PENNY’S FINDReportable Mineral Resourceabove 1g/t Au cut-off
Class	Tonnes	Au g/t
Indicated	407,000	3.22
Inferred	237,000	2.60
Total	644,000	2.99

The information is this release concerning the Mineral Resources for the Penny’s Find Deposit has been taken from a report (the Report) by DataGeo Geological Consultants provided to Empire Resources Limited by its tenant in common, Brimstone Resources Ltd. This Report states that the mineral resource has been estimated by Mr Peter Ball B.Sc who is a director of DataGeo Geological Consultants and is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Ball has sufficient experience which is relevant to the styles of mineralization and types of deposit under consideration and qualifies as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Ball provided consent to Brimstone Resources Ltd for the public release of the information concerning the mineral resource for Penny’s Find and confirms that the information in this release in both the form and the context in which it appears reflects the content of the Report.

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