EMPEROR METALS INC - EMAUF STOCK NEWS

Emperor Metals Inc. (CSE: AUOZ, OTCQB: EMAUF, FSE: 9NH) is advancing its Duquesne West Gold Project in Quebec, focusing on untested high-grade gold targets. The company has completed 30% (2,500 meters) of its ongoing 8,000-m drill program, exploring eastward from Duquesne West towards the Nip Zone. Significant historical intercepts at the Nip Zone include 16.0 m of 6.06 g/t Au and 2.5 m of 52.88 g/t Au, highlighting the project's potential.

Emperor is well-funded with approximately $4 million in working capital to advance the project. The company aims to expand the deposit's footprint and plans a mineral resource update for Q1 2025. The current drilling campaign follows up on successful 2023 results, focusing on building inferred ounces within the conceptual open pit and exploring potential satellite pits.

Emperor Metals has mobilized a drill rig to start its 2024 exploration program at the Duquesne West Gold Project in Quebec. This 8,000 m drill program will build on the initial 2023 campaign, which revealed significant open-pit potential above high-grade gold deposits. CEO John Florek highlighted the company's strong financial position with $4 million in working capital.

Plans for 2024 include extending high-grade lenses, expanding ounces within and outside the open-pit shells, and sampling historical core not previously assayed. The 2023 campaign used AI to create a 3D model, achieving notable intercepts like 15.8 g/t Au over 10.85 m and 1.69 g/t Au over 25 m.

The exploration aims to refine the open-pit concept, reducing stripping ratios and adding bulk-tonnage ounces. Emperor Metals aims to update the mineral resource, leveraging strong gold prices to maximize shareholder value.

Emperor Metals has initiated an 8,000-meter drilling program at the Duquesne West Gold Project in Quebec, starting mid-May 2024. This follows their successful 2023 campaign, where high-grade gold deposits were discovered. The company plans to expand its open-pit concept, leveraging AI-guided targeting and sampling historical cores, with up to 70% of near-surface cores unassayed. Emperor Metals is well-funded with $4 million in working capital, aiming to update the mineral resource while benefiting from strong gold prices.

Emperor Metals Inc. (CSE: AUOZ) announces positive results from the 2023 drilling campaign at the Duquesne West Gold Project, targeting a multi-million-ounce resource. The use of AI and Machine Learning has led to the identification of high-grade targets suitable for both underground and open-pit mining methods. The company is fully funded for a 5,000-meter drilling program in 2024 to further expand the project. CEO John Florek highlights the shift from underground to open-pit mining, emphasizing the project's economic potential and the recent surge in gold prices supporting their vision.

Emperor Metals Inc. completes a high-resolution aeromagnetic geophysical survey at the Duquesne West Gold project in Quebec, enhancing exploration capabilities. The survey reveals unknown structural features, advances geological understanding, and identifies potential gold deposition areas. CEO John Florek expresses confidence in the data's significance for the 2024 drilling program, anticipating a transformative year ahead.

Emperor Metals Inc. has paid Duparquet Assets Ltd. the second year's option payment to maintain Emperor's option on the Duquesne West property in Quebec, NTS-32D06. The option renewal for 2024 included a $500,000 cash payment and the issuance of 2,583,119 common shares of Emperor equivalent to $300,000 based on a 20-day volume weighted average price. Emperor undertook a 14-hole drill campaign and relogged 3,000 samples of historical core as part of a program focused on outlining a near-surface lower grade open pittable gold deposit. The Duquesne West property straddles the Porcupine-Destor gold localizing fault several kilometers east of the town of Duparquet, Quebec, with a historical inferred resource of 4.17 million tonnes grading 5.42 g/t Au (cut) or 6.36 g/t Au (uncut).

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Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) announced additional assay results from the summer 2023 drilling campaign at the Duquesne West Gold Project. The results indicate the potential for resource expansion within and outside the open pit concept, targeting a multi-million-ounce resource in a combination of open pit and underground mining scenarios.

Emperor Metals Inc. (CSE: AUOZ) (OTC Pink: EMAUF) (FSE: 9NH) announces positive assay results from the Duquesne West Gold Project, with highlights including 13.2 meters of 3.8 g/t Au (including 5.6 m of 7.5 g/t Au) and the confirmation of open-pit potential. CEO John Florek commented on the significance of the results, emphasizing the potential for a multimillion-ounce deposit with multiple mining scenarios. The company is currently sampling near-surface core from the historical core library to further evaluate the resource expansion.