Empire Metals Limited’s (LON:EEE) new managing director Shaun Bunn joins Proactive London to discuss an option to buy a majority stake in the Central Menzies gold project. This 75% interest in four exploration licences comprise the Central Menzies Gold project.

Empire paid A$250,000 in cash plus A$100,000 in newly issued shares (at an assumed price of 2.85p per share) to acquire the option, which lasts for nine months.

Bunn is a metallurgist based in Perth, Western Australia, with over 35 years’ experience in exploration, mining, processing and project development, including over 25 years’ experience in the gold mining sector.