Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) is an advanced stage exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Abitibi Greenstone belt of Rouyn-Noranda, Quebec. The project has a 2011 historical resource of 727,00 ounces of Au at 5.42 g/t and an average thickness of 5.71 m.
In 2023 Emperor used AI – Machine learn to create the first 3D and geological models that were used to successfully drill 8,579 m and build a new open pit conceptual mode and grow the resource footprint of the Flagship project. Another 2,500 m of historical core was sent for assays in 2023 that added incremental ounces to the resource with grades and thickness that fit the open pit model.
The fully funded 8,000-meter drilling program for 2024 is currently underway, with results expected in early Q4. Additionally, the company plans to assay an additional 8,000 meters of historic core within the open pit model. Emperor is targeting the completion of an updated NI 43-101 Mineral Resource Estimate by Q1 2025
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.
Learn MoreThe 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.
Read More