Duquesne West
OVERVIEW
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 project is close to a highway that leads to Rouyn-Noranda International Airport, has access to a local power supply, and has year-round maintained road access.
Duquesne West 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. 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.
2023 Drilling
The 2023 drill results have been used to refine our A.I. models, enhancing our ability to target high-priority areas for the 2024 drill season. Our ongoing strategy remains focused on evaluating opportunities to increase potential ounces in preparation for a future mineral resource update. In 2024, the majority of our efforts will center on the open pit concept, aiming to expand its footprint and add incremental ounces cost-effectively
VIEW 2023 DRILL RESULTS
2024 Drilling
The 8,000 m drill program began May 2024 to follow up on the results of the nitial 2023 drill campaign. Emperor will continue improving the economics of the open-pit environment by expanding ounces in several ways:
- Extending the footprint of the high-grade lenses within and outside the open-pit shells.
- Expand ounces internally and externally to the open-pit shells.
- Defining lower-grade bulk-tonnage incremental ounces in the host rock within the open-pit shell.
- Continue building quality ounces internally and externally
Initial results are expected early Q4 2024.
Project Location - Abitibi Belt
OPTION AGREEMENT
Emperor Metals has the option to acquire 100% ownership of the project from Globex Mining. The earn-in requires $10 million in payments, 15 million shares and $12 million in exploration expenditures over five years.