Emperor Metals Inc. is a high-grade gold exploration and development junior mining company focused on Quebec’s Southern Abitibi Greenstone Belt, leveraging AI-driven exploration techniques. The company is dedicated to unlocking the substantial resource potential of the Duquesne West Gold Project and the Lac Pelletier Project, both situated in this Tier 1 mining district.
The flagship Duquesne West Gold Project boasts a high-grade historical resource of 727,000 oz of gold at 5.42 g/t Au with an impressive average thickness of 5.71 meters. A comprehensive 2024 drilling program, including 8,166 meters of drilling and assays from 8,000 meters of previously unsampled historical core, is well underway. As of Q4 2024, 65% of the assays are still pending. Initial results highlight significant intercepts, such as 21.7 meters at 7.2 g/t Au. The program's primary objectives include expanding the resource footprint, optimizing the stripping ratio, and de-risking a potential mining scenario based on Emperor Metals' newly developed conceptual open-pit model, which complements the historic underground model.
The recently acquired Lac Pelletier Project offers significant near-term production potential and is under a purchase agreement expected to close by March 31, 2025. The property currently hosts a historical estimated mineral resource of 681,200 tonnes grading 4.08 g/t Au for 89,400 oz of gold (Measured and Indicated) and an additional 1,099,000 tonnes grading 3.89 g/t Au for 137,600 oz of gold in the Inferred category, as reported in Maritime's press release dated May 11, 2022 (available on SEDAR+).
The company is led by a dynamic group of resource sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver exceptional shareholder value.
The flagship Duquesne West Gold Property is located 32 km northwest of the city of Rouyn-Noranda and 10 km east of the town of Duparquet. The property lies within the historic Duparquet gold mining camp in the southern portion of the Abitibi Greenstone Belt and is a high-grade Archean Lode Gold Deposit.
The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold in 4.17 million tonnes of material grading 5.42 g/t gold with an average thickness of 5.7 meters. The resource is distributed across eight zones, with the majority occurring in two zones, Fox and Liz. The resource is a greenstone-hosted mesothermal vein system, which occurs throughout the Abitibi gold belt.
Read MoreThe Emperor team has successfully led more than 25 public mining companies, delivered shareholder returns through good and bad markets, and raised in excess of $1 billion to fund exploration, development and production projects worldwide.
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