EMPIRE RESOURCES LIMITED — Capital/Financing Update 2018

Mar 25, 2018

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ACN 092 471 513

26 March 2018

ASX Release

PENNY’S FIND GOLD MINE UPDATE.

FINAL GOLD GRADE RECONCILIATION

FROM THIRD LAKEWOOD TREATMENT CAMPAIGN

WA gold miner Empire Resources Ltd (ASX code: ERL) on behalf of the Penny’s Find Joint Venture (PFJV) is pleased to provide an update on its just successfully completed third toll treatment campaign at the Lakewood Mill located on the southern outskirts of KalgoorlieBoulder, WA.

The reconciliation after Gold in Circuit (GIC) calculation for the third campaign processed gives a head grade of 6.55g/t Au, previously 6.03g/t Au.

PFJV has produced during this campaign 152.6 kg or 4906ozs of gold for a realised sum of over $8.5M.

A fourth processing treatment campaign is due to commence in the second week in April 2018.

DAVID SARGEANT MANAGING DIRECTOR

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