Emperor Commences Maiden Mineral Resource Estimate for Duquesne West Gold Project
Emperor Metals Inc. (OTCQB: EMAUF) has engaged APEX Geoscience to conduct a Maiden Mineral Resource Estimate (MMRE) for the Duquesne West Gold Project. The MMRE will incorporate historic drilling data, Emperor's 2023-2024 drilling results, historical core samples, and AI-assisted modeling.
The project currently holds a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au, though this estimate predates modern CIM guidelines. Emperor's 2024 drilling campaign focuses on near-surface exploration for potential open-pit mining, targeting lower grades compared to underground scenarios. The company aims for a multi-million-ounce resource combining both open-pit and underground scenarios.
The strategic plan includes:
- Exploring lower-grade bulk tonnage zones
- Increasing high-grade lens thickness
- Expanding mineralized zones along strike and dip
- Discovering new zones, particularly eastward
Emperor Metals Inc. (OTCQB: EMAUF) ha incaricato APEX Geoscience di condurre una Stima delle Risorse Minerali Iniziali (MMRE) per il Progetto Aurifero Duquesne West. La MMRE integrerà i dati storici di perforazione, i risultati di perforazione del 2023-2024 di Emperor, campioni storici di nucleo e modelli assistiti da intelligenza artificiale.
Il progetto attualmente detiene una risorsa inferita storica di 727.000 once d'oro a 5,42 g/t Au, sebbene questa stima risalga a prima delle moderne linee guida CIM. La campagna di perforazione del 2024 di Emperor si concentra sull'esplorazione a bassa profondità per potenziali miniere a cielo aperto, mirando a gradi più bassi rispetto agli scenari sotterranei. L'azienda punta a una risorsa multimilionaria che combini sia scenari a cielo aperto che sotterranei.
Il piano strategico include:
- Esplorare zone a tonnellaggio bulk a bassa legge
- Aumentare lo spessore delle lenti ad alta legge
- Espandere le zone mineralizzate lungo la strike e il dip
- Scoprire nuove zone, in particolare verso est
Emperor Metals Inc. (OTCQB: EMAUF) ha contratado a APEX Geoscience para realizar una Estimación de Recursos Minerales Inicial (MMRE) para el Proyecto de Oro Duquesne West. La MMRE incorporará datos históricos de perforación, los resultados de perforación de Emperor de 2023-2024, muestras de núcleo históricas y modelado asistido por inteligencia artificial.
El proyecto actualmente tiene un recurso inferido histórico de 727,000 onzas de oro a 5.42 g/t Au, aunque esta estimación es anterior a las modernas pautas CIM. La campaña de perforación de 2024 de Emperor se centra en la exploración a poca profundidad para la minería a cielo abierto, apuntando a grados más bajos en comparación con los escenarios subterráneos. La empresa busca una recurso multimillonario que combine tanto escenarios a cielo abierto como subterráneos.
El plan estratégico incluye:
- Explorar zonas de tonelaje a granel de baja ley
- Aumentar el grosor de lentes de alta ley
- Expandir zonas mineralizadas a lo largo de la strike y el dip
- Descubrir nuevas zonas, especialmente hacia el este
엠퍼러 메탈스 Inc. (OTCQB: EMAUF)는 APEX 지구과학을 고용하여 듀케인 웨스트 금 프로젝트에 대한 최초의 광물 자원 추정(MMRE)을 수행하게 했습니다. MMRE는 역사적인 시추 데이터, 엠퍼러의 2023-2024 시추 결과, 역사적 코어 샘플 및 AI 지원 모델링을 포함할 것입니다.
현재 이 프로젝트는 727,000 온스의 금을 5.42 g/t Au로 추정되는 역사적 추정 자원을 보유하고 있지만, 이 추정치는 현대 CIM 가이드라인 이전의 것입니다. 엠퍼러의 2024 시추 캠페인은 잠재적인 노천 광산을 위한 지표 근처 탐사에 중점을 두며, 지하 시나리오에 비해 낮은 등급을 목표로 하고 있습니다. 회사는 노천 및 지하 시나리오를 결합한 수백만 온스의 자원을 목표로 하고 있습니다.
전략적 계획에는 다음이 포함됩니다:
- 저등급 대량 톤존 탐사
- 고등급 렌즈 두께 증가
- 스트라이크 및 딥을 따라 광물화된 구역 확장
- 특히 동쪽으로 새로운 구역 발견
Emperor Metals Inc. (OTCQB: EMAUF) a engagé APEX Geoscience pour réaliser une Estimation de Ressources Minérales Initiale (MMRE) pour le Projet d'Or Duquesne West. La MMRE intégrera des données de forage historiques, les résultats de forage d'Emperor pour 2023-2024, des échantillons de carottes historiques et une modélisation assistée par intelligence artificielle.
Le projet détient actuellement une ressource inférée historique de 727 000 onces d'or à 5,42 g/t Au, bien que cette estimation soit antérieure aux lignes directrices CIM modernes. La campagne de forage d'Emperor en 2024 se concentre sur l'exploration en surface pour une éventuelle exploitation à ciel ouvert, ciblant des grades plus bas par rapport aux scénarios souterrains. L'entreprise vise une ressource multimillionnaire combinant des scénarios à ciel ouvert et souterrains.
Le plan stratégique comprend:
- Explorer des zones de tonnage bulk à faible teneur
- Augmenter l'épaisseur des lentilles à haute teneur
- Élargir les zones minéralisées le long de la strike et du dip
- Découvrir de nouvelles zones, notamment vers l'est
Emperor Metals Inc. (OTCQB: EMAUF) hat APEX Geoscience beauftragt, eine Erste Mineralressourcenschätzung (MMRE) für das Duquesne West Goldprojekt durchzuführen. Die MMRE wird historische Bohrdaten, die Bohrergebnisse von Emperor 2023-2024, historische Kernproben und KI-unterstützte Modellierung einbeziehen.
Das Projekt hält derzeit eine historische geschätzte Ressource von 727.000 Unzen Gold bei 5,42 g/t Au, obwohl diese Schätzung vor den modernen CIM-Richtlinien stammt. Die Bohrkampagne von Emperor 2024 konzentriert sich auf die Erkundung in der Nähe der Oberfläche für potenzielle Tagebau-Minen und zielt auf niedrigere Gehalte im Vergleich zu unterirdischen Szenarien ab. Das Unternehmen strebt eine multimillionen Unzen umfassende Ressource an, die sowohl Tagebau- als auch unterirdische Szenarien kombiniert.
Der strategische Plan umfasst:
- Erkundung von Zonen mit niedriggradigem Bulk-Tonnage
- Erhöhung der Dicke von hochgradigen Linsen
- Erweiterung mineralisierter Zonen entlang der Strike und des Dip
- Entdeckung neuer Zonen, insbesondere nach Osten
- Engagement of experienced consultant APEX Geoscience for maiden resource estimate
- Significant historical resource base of 727,000 oz gold at 5.42 g/t Au
- 2023-2024 drilling program successfully identified extensive low-grade bulk tonnage zones
- Potential for resource expansion through combined open-pit and underground approach
- Historical resource estimate predates modern CIM guidelines and requires verification
- No guarantee that further exploration will define a current resource
- Success of strategic expansion plans not guaranteed
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) ("Emperor") Emperor Metals has retained APEX Geoscience Ltd. ("APEX") of Edmonton, AB, as independent geological consultants to conduct a Maiden Mineral Resource Estimate ("MMRE") for the Duquesne West Gold Project. The MMRE will integrate historic drilling data, Emperor's 2023 and 2024 drilling data, previously unsampled historical core sample results, and Artificial Intelligence ("A.I.") assisted modeling to produce an updated resource estimate. The review will be overseen by Warren Black, P.Geo., Principal and Consultant at APEX, and will begin immediately.
APEX is a privately-owned, independent geological consulting company that provides high quality, cost effective and timely geological consulting services to exploration companies, government, and non-government organizations. APEX has experience in all aspects of the mineral exploration industry from initial assessment and NI 43-101 reporting through to mining including the identification and outlining of resources. They specialize in managing large mine site and exploration databases, digital capture and evaluation of historical datasets, and combining rigorous geostatistical analysis with modern geological, geochemical, and drill datasets to create concise 3D models that result in identification and potential expansion of resources.
CEO John Florek Commented: "We are thrilled to engage APEX for this initial MMRE for Emperor. Our 2023 and 2024 work on the property must be viewed in the context of the new conceptual open-pit model we've developed. We have consistently demonstrated that Emperor's drilling enhances the property by adding valuable intercepts that could potentially expand the resource. Having delivered our proof of concept, we are excited to further grow this MMRE through additional drilling, as we are still in the early stages of the project."
Emperor's focus in 2024 was on near-surface drilling for potential open-pit mining, Emperor aims to expand its resource base by including lower grades in the conceptual open-pit environment compared to higher grades in an underground mining scenario. This potentially allows Emperor to add ounces more rapidly to the resource. Deposits in the region with currently active open pits have been producing gold economically at grades above 0.30 g/t Au (see Agnico Eagles press release dated Feb 15, 2024 - Detour Lake Deposit cut-off grade, pg. 52.)
Emperor is targeting a multi-million-ounce resource, utilizing a combination of conceptual open-pit and underground mining scenarios. There is no guarantee that further exploration will define a current resource. The Property currently hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au1,2. The historical mineral resource estimate predates modern Canadian Institute of Mining and Metallurgy ("CIM") guidelines and a Qualified Person on behalf of Emperor has not reviewed or verified the mineral resource estimate, therefore it is considered historical in nature and is reported solely to provide an indication of the magnitude of mineralization that could be present on the property. Emperor is committed to delivering updated and current Mineral Resource Estimate in Early Q2 of 2025.
Strategic Plan
The 2024 drilling campaign at Emperor's Duquesne West Gold Project in Quebec continues to identify extensive low-grade bulk tonnage zones surrounding the previously known high grade areas. These latest results further solidify the project's potential and underscore the company's commitment to unlocking substantial value for its shareholders.
The 2024 season leverages advanced exploration techniques to test several scenarios to add ounces and/or expand the footprint. The reader should be aware that further work is required without any guarantee that success will be realized.
Explore Lower Grade Discoveries: Target additional discoveries within the host rock containing high-grade gold lenses, focusing on the conceptual open-pit model.
Increase the Thickness of the High-Grade Lenses: Incorporate previously unaccounted for lower-grade gold from the margins of high-grade lenses to enhance their overall thickness.
Expand Mineralized Zones: Extend the lateral footprint of mineralized zones along strike and dip.
Discover New Zones: Explore potential new zones not yet included in the conceptual open-pit model, with a particular focus on eastward expansion.
About the Duquesne West Gold Project
The Duquesne West Gold Property is located 32 km northwest of the city of Rouyn-Noranda and 10 km east of the town of Duparquet, Quebec, Canada. The property lies within the historic Duparquet gold mining camp in the southern portion of the Abitibi Greenstone Belt in the Superior Province.
Under an Option Agreement, Emperor agreed to acquire a
A reinterpretation of the existing geological model was created using AI and Machine Learning. This model shows the opportunity for additional discovery of ounces by revealing gold trends unknown to previous workers and the potential to expand the resource along significant gold- endowed structural zones.
Multiple scenarios exist to expand additional resources which include:
- Underground High-Grade Gold.
- Open Pit Bulk Tonnage Gold.
- Underground Bulk Tonnage Gold.
QP Disclosure
The technical content for the Duquesne West Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person pursuant to CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and an employee and officer of the company.
About Emperor Metals Inc.
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 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. For more information, please refer to SEDAR+ (www.sedarplus.ca), under the Company's profile.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ "John Florek"
John Florek, M.Sc., P.Geol
President, CEO and Director
Emperor Metals Inc.
Contact
John Florek
President/CEO
T: (807) 228-3531
E: johnf@emperormetals.com
Alex Horsley
Director
T: (778) 323-3058
E: alexh@emperormetals.com
Website: www.emperormetals.com
The Canadian Securities Exchange has not approved nor disapproved the
content of this press release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that the actual results will meet management's expectations. Forward-Looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would."
Forward-Looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
1 Watts, Griffis, and McOuat Consulting Geologists and Engineers, Oct. 20, 2011, Technical Report and Mineral Resource Estimate Update for the Duquesne-Ottoman Property, Quebec, Canada, for XMet Inc.
2 Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was constructed prior to the most recent CIM standards (2014) and guidelines (2019) for mineral resources. In addition, the economic factors used to demonstrate reasonable prospects of eventual economic extraction for the MRE have changed since 2011. A qualified person has not done sufficient work to consider the MRE as a current MRE. Emperor is not treating the historical MRE as a current mineral resource. The reader is cautioned not to treat it, or any part of it, as a current mineral resource.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246878
FAQ
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