Empire Metals Limited announced a JORC Exploration Target ('Exploration Target') comprised of two focus areas, the Cosgrove and Thomas mineral prospects, at the Pitfield Titanium Project in Western Australia ('Pitfield' or the 'Project'). The total Exploration Target, covering the Thomas and Cosgrove mineral prospects, is estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target above is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m, and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range the grade range of 4.8 to 5.9% TiO2.

Snow Optiro, a leading Australian based, mineral resources consulting and advisory group, completed the QA/QC and geological modelling required in order to develop the JORC Exploration Target for the Cosgrove and Thomas Mineral prospects; (TiO2 %) Minimum Maximum Maximum Cosgrove - Weathered 2,427 2,967 4.9 6.0 Sub-Total Cosgrove - Fresh Bedrock 14,880 18,187 4.3 5.3 Sub-Total Cosgrove 17,308 21,154 4.4 5.4.4.4.4 Sub-Total Thomas - Weathered 1,600 1,955 4.8.8.5 Sub-Total Thomas - Fresh Bedrock 7,478 9,140 4.5 5.5 Sub-Total Thomas-Total - Weathered 4,027 4,922 4.9 5.9 Sub-Total - Fresh Bedrock 22,359 27,327 4.4 5.4 Total Exploration Target is based on the interpretation of the following geology and mineralisation data that have been collated as of the date of this announcement, (which includes previously reported Exploration Results, and information in this report that relates to previously reported Exploration Results has been crossed-referenced in this report to the date that it was reported to AIM): 7 diamond core drill holes completed for 2,025m; 101 Reverse Circulation (RC) drill holes completed for 15,010m; 8,390 drill hole assay results; 339 surface rock chip sampling assay results; Recent Exploration (2023-2024) In 2023, the Company launched a series of drill campaigns to begin to test the grade and extent of the giant mineralised system. Empire completed a maiden 21-hole Reverse Circulation ('RC') drill programme in April 2023, totaling 3,206m, which resulted in the discovery of titanium-rich mineralisation within the hydrothermally altered sedimentary rocks. The latest drill program at Pitfield was completed in late March, and consisted of 40 RC drillholes totaling 6,086m, and four diamond core drillholes totaling 807m.

Due to the homogeneous and continuous nature of the mineralisation throughout Pitfield a spacing of up to 1km between drill lines and up to 600m between holes is justified. The proposed exploration activities designed to test and to move from an Exploration Target to a Mineral Resource Estimate will comprise the following activities: RC and Diamond Core Drilling Campaigns: Exploration and resource definition drilling is planned to continue at the Project, with diamond core and RC rigs planned to operate later in 2024 and early 2025 to complete the drill-out within the Exploration Target and upgrade the mineralisation to JORC Mineral Resource status. The consultant will be responsible for preparation of the Mineral Resource Estimate, consistent with the requirements of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (the "JORC Code") or the JORC Code that is in effect as at the date of publication of the Mineral Resource Estimate.

Mr. Faragher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of the 'Australasian code for Reporting of the 'Austral as defined in the 'Australasian Codefor Reporting of Exploration Results, Mineral resources and Ore Reserves'. The sampling methodology from the drilling program. The sampling methodology from the rig was consistent throughout the drilling program.

Overall high drill sample recoveries and geological modelling required in the drilling program.