VANCOUVER,
BRITISH COLUMBIA--(Marketwire - April 13, 2010) - Empire Mining Corporation
(TSX VENTURE:EPC) ("Empire") is pleased to announce that drilling has
commenced at its 100% owned Bulqiza chromite project in Albania.
Drilling will be
carried out with two separate drill rigs and will consist of at least 13
surface core holes, ranging in depth from 50 to +200 metres and totaling
approximately 1,400 metres.
Drilling will
focus on the northern and southern shallow portions of the eastern limb of the
Bulqiza-Batra Orebody*. The Bulqiza-Batra Orebody hosts
the historically productive Bulqiza and Batra Mines which were responsible for the bulk of Albania's chromite output when it was
the third largest producer in the world before the collapse of the communist
regime in 1989. The Bulqiza-Batra Orebody is characterized
by high grades (+38% Cr2O3) and metallurgical
quality (Cr:Fe ratios of up to 3:1). Empire's Bulqiza Licence
surrounds and extends from the producing Bulqiza and Batra Mines and includes
the eastern and western extensions of the Bulqiza-Batra Orebody which
was identified by Empire in the data analysis carried out through 2009.
The eastern
extension (the "Eastern Limb"), outlined at 3 km of strike and averaging more
than 500 m across, has not been thoroughly tested by drilling.
At the southern
end of the Eastern Limb at Batra, drilling is planned to confirm extensions
northward from outcropping and shallow chromite in area only about 50 m from an
open pit where an outcrop of the Eastern Limb is currently being mined by a
third party. In addition, a newly-identified shallow extension to the south of
this mining area will be evaluated by short drillholes. At the northern end of
the Eastern Limb, drilling is planned to confirm grade and thickness of previous
state drillhole intersections and obtain continuity.
The current
planned drilling program is intended as a precursor to a more intensive
drilling and development campaign aimed at obtaining a NI 43-101 resource and
establishing sites for future mining.
*
The term "Orebody" in this press release is used in the historical sense and is
not meant to imply current economic viability.
Empire's
Qualified Person, David C. Cliff, BSc (Hons), MIMMM, C Eng, FGS, also Empire's
President & CEO, has reviewed and approved the content of this news
release.
ON BEHALF OF THE BOARD
Robert
F. Giustra, Director
This
release contains forward-looking information and statements, as defined by law
including without limitation Canadian securities laws and the "safe harbor"
provisions of the US Private Securities Litigation Reform Act of 1995
("forward-looking statements"), respecting Empire Mining's exploration plans,
drill targets and depths, number of drill rigs to be used; and the ability to
ultimately obtain a NI 43-101 resource and establishment of sites for future
mining. Forward-looking statements involve risks, uncertainties and other
factors that may cause actual results to be materially different from those
expressed or implied by the forward-looking statements, including without
limitation the ability to acquire necessary permits and other authorizations;
environmental compliance; weather risks; cost increases; availability of
qualified workers; availability of equipment; competition for mining
properties; risks associated with exploration projects, mineral reserve and
resource estimates (including the risk of assumption and methodology errors);
dependence on third parties for services; non-performance by contractual
counterparties; title risks; and general business and economic conditions.
There is no assurance that the Bulqiza property will lead to a NI 43-101
resource, nor that future drilling will be desirable or conducted on the
property. Forward-looking statements are based on a number of assumptions that
may prove to be incorrect, including without limitation assumptions about:
general business and economic conditions; favourable weather conditions; the
timing and receipt of required approvals; availability of financing; power
prices; ability to procure equipment and supplies; and ongoing relations with
employees, partners and joint venturers. The foregoing list is not exhaustive
and we undertake no obligation to update any of the foregoing except as
required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.