Emperor Metals Expands Eastward at Duquesne West, Intercepting 2.5 m of 10.27 g/t Au and 21.5 m of 0.6 g/t Au (55.2 m of 0.3 g/t Au) in Previously Untested Areas
Emperor Metals (EMAUF) has reported additional results from its 2024 drilling program at Duquesne West, which comprised 8,166 meters across 19 new drill holes. Key findings include intersections of 2.5 m of 10.27 g/t Au and 21.5 m of 0.6 g/t Au in previously untested areas. The company has reported 50% of new drilling assays and 25% of total 2024 season assays.
The results demonstrate expansion potential eastward along the conceptual open pit strike, with significant intercepts in underexplored near-surface areas. The property currently holds a historical inferred resource of 727,000 ounces at 5.42 g/t Au. Emperor is targeting a multi-million-ounce resource combining open pit and underground scenarios, with a new Mineral Resource Estimate planned for Q1 2025.
Emperor Metals (EMAUF) ha riportato risultati aggiuntivi dal suo programma di perforazione 2024 a Duquesne West, che ha compreso 8.166 metri distribuiti su 19 nuovi fori di trivellazione. I risultati chiave includono intersezioni di 2,5 m di 10,27 g/t Au e 21,5 m di 0,6 g/t Au in aree precedentemente non testate. L'azienda ha riportato il 50% delle nuove analisi di perforazione e il 25% delle analisi totali della stagione 2024.
I risultati dimostrano un potenziale di espansione verso est lungo il concetto di aperture della miniera, con intercettazioni significative in aree sottosviluppate e vicine alla superficie. La proprietà detiene attualmente una risorsa storica inferita di 727.000 once a 5,42 g/t Au. Emperor punta a una risorsa multimilionaria che combini scenari di miniera a cielo aperto e sotterranei, con una nuova stima delle risorse minerali pianificata per il primo trimestre del 2025.
Emperor Metals (EMAUF) ha reportado resultados adicionales de su programa de perforación 2024 en Duquesne West, que comprendió 8,166 metros a través de 19 nuevos pozos de perforación. Los hallazgos clave incluyen intersecciones de 2.5 m de 10.27 g/t Au y 21.5 m de 0.6 g/t Au en áreas previamente no probadas. La compañía ha reportado el 50% de los nuevos análisis de perforación y el 25% del total de análisis de la temporada 2024.
Los resultados demuestran un potencial de expansión hacia el este a lo largo del golpe de la mina a cielo abierto conceptual, con intercepciones significativas en áreas poco exploradas cerca de la superficie. La propiedad actualmente tiene un recurso inferido histórico de 727,000 onzas a 5.42 g/t Au. Emperor está apuntando a un recurso multimillonario que combine escenarios de minería a cielo abierto y subterránea, con una nueva estimación de recursos minerales planeada para el primer trimestre de 2025.
Emperor Metals (EMAUF)는 Duquesne West에서의 2024년 시추 프로그램의 추가 결과를 보고했습니다. 이 프로그램은 19개의 새로운 시추 구멍을 포함하여 총 8,166미터를 조사했습니다. 주요 발견으로는 이전에 시험해보지 않은 지역에서의 2.5m에서 10.27g/t Au 및 21.5m에서 0.6g/t Au의 교차점이 포함됩니다. 회사는 새로운 시추의 50%와 2024 시즌 총 분석의 25%를 보고했습니다.
이 결과는 개념적인 노천광 스트라이크를 따라 동쪽으로의 확장 잠재력을 보여주며, 표면 근처의 발견되지 않은 지역에서의 중요한 인터셉트를 포함합니다. 이 자산은 현재 5.42g/t Au에서 727,000온스의 역사적 추정 자원을 보유하고 있습니다. Emperor는 노천광 및 지하 시나리오를 결합한 수백만 온스 규모의 자원을 목표로 하며, 2025년 1분기에 새로운 자원 추정을 계획하고 있습니다.
Emperor Metals (EMAUF) a rapporté des résultats supplémentaires de son programme de forage 2024 à Duquesne West, qui comprenait 8 166 mètres à travers 19 nouveaux forages. Les résultats clés incluent des intersections de 2,5 m à 10,27 g/t Au et 21,5 m à 0,6 g/t Au dans des zones précédemment non testées. L'entreprise a signalé 50 % des nouvelles analyses de forage et 25 % des analyses totales de la saison 2024.
Les résultats démontrent un potentiel d'expansion vers l'est le long du concept d'exploitation à ciel ouvert, avec des intercepts significatifs dans des zones peu explorées près de la surface. La propriété détient actuellement une ressource historique inférée de 727 000 onces à 5,42 g/t Au. Emperor vise à une ressource de plusieurs millions d'onces combinant des scénarios de mines à ciel ouvert et souterraines, avec une nouvelle évaluation des ressources minérales prévue pour le premier trimestre de 2025.
Emperor Metals (EMAUF) hat zusätzliche Ergebnisse seines Bohrprogramms 2024 in Duquesne West bekannt gegeben, welches 8.166 Meter über 19 neue Bohrlöcher umfasste. Wichtige Ergebnisse sind unter anderem Schnittstellen von 2,5 m mit 10,27 g/t Au und 21,5 m mit 0,6 g/t Au in zuvor ungeteisterten Bereichen. Das Unternehmen hat 50% der neuen Bohrergebnisse und 25% der gesamten Analyseergebnisse für die Saison 2024 gemeldet.
Die Ergebnisse zeigen ein Expansionspotenzial nach Osten entlang der konzeptionellen Tagebau-Achse, mit signifikanten Interzepten in wenig erforschten Bereichen nahe der Oberfläche. Die Liegenschaft hält derzeit eine historische inferred resource von 727.000 Unzen bei 5,42 g/t Au. Emperor zielt auf eine multimillionen Unzen umfassende Ressource ab, die offene Abbau- und Untergrundszenarien kombiniert, mit einer neuen Schätzung der Mineralressourcen, die für das erste Quartal 2025 geplant ist.
- Significant gold intersections: 2.5 m of 10.27 g/t Au and 21.5 m of 0.6 g/t Au
- Expansion of mineralization in previously untested areas
- Historical resource of 727,000 ounces at 5.42 g/t Au
- Potential for resource expansion through low-grade bulk tonnage zones
- Only 25% of total 2024 season assays reported
- Additional drilling needed to fully define geological extent
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) ("Emperor") is pleased to share additional results from its 2024 drilling program. The program consisted of 8,166 meters of drilling across 19 new drill holes, and approximately 8,000 meters of historical core assaying. To date,
CEO John Florek commented: "The drilling results continue to impress and suggest continued growth potential for the deposit, especially eastward along the strike of the conceptual open pit. Results are revealing underexplored near-surface opportunities within a historical "data gap" east of the deposit where consistent, lower-grade bulk tonnage intervals will be key for lowering costs and reducing stripping ratios in an open-pit scenario and vital for adding incremental ounces to our upcoming Mineral Resource Estimate (MRE) in Q1 of 2025.
Highlights:
- DQ24-04 intersects 17.0 meters (m) of 0.5 g/t gold (Au) which expands on the low-grade bulk tonnage in the Conceptual Open Pit.
- DQ24-05 intersected 2.5 m of 10.27 g/t Au beneath Nip Zone (1.1 km from Conceptual Open Pit), enhancing and expanding this high-grade potential where previous historical results had intersected 2.5 m of 51.9 g/t Au and 16.0 m of 6.1 g/t Au.
- DQ24-08 intersects 21.5 m of 0.6 g/t Au (within 55.2 m of 0.3 g/t Au), 800 m east and along strike of the open pit concept (see Figure 1); in an area previously lacking drilling.
Full results for DQ24-04 to DQ24-09 have been released from SGS Laboratories (see Table 1 intercept highlights). These results continue to identify significant potential for resource expansion within and along strike of the open pit concept through previously unidentified low grade bulk tonnage zones. Emperor is targeting a multi-million-ounce resource in a combination of conceptual open pit and underground mining scenarios. The Property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au.1,2 Emperor is committed to delivering a new Mineral Resource Estimate in Q1 of 2025.
Figure 1: Location of DQ24-04 to 09 DDH.
To view an enhanced version of this graphic, please visit:
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Drillhole Discussion:
DQ24-04 to 09
The 2024 drilling continues to validate low-grade bulk-tonnage and high-grade mineralization. The results of three strategies are reported in this Press Release.
- Continue to add incremental ounces to the Conceptual Open Pit (DQ24-04);
- Explore the potential to coalesce the Conceptual Satellite Pits east of the Deposit; and.
- Expand the High-Grade Nip Zone (DQ24-05).
Emperor was pleased to see Drillhole DQ24-05 intersecting 2.5 m of 10.27 g/t Au associated with a breccia zone within the mafic volcanic rocks. This is beneath the Nip Zone that carries impressive historical intercepts of 2.5 m of 51.9 g/t Au and 16.0 m of 6.1 g/t Au, demonstrating the expansion capabilities of this zone and the robust, well-endowed mineralization along its 2.8 km strike length to date.
Drill holes DQ24-5 to DQ24-9 were designed to explore the eastern extension along the strike of the current open-pit model. Mineralization is hosted within and adjacent to previously unsampled Quartz Feldspar Porphyries. These zones, which were previously overlooked, continue to potentially increase future inferred ounces. Additional drilling is necessary to fully define its geological extent and mineralized boundaries (Figure 1).
Particularly impressive was DQ24-08, which intersected 21.5 meters of 0.6 g/t gold, within a broader interval of 55.2 m of 0.3 g/t Au. This occurs within a zone of interlayered mafic volcanic and quartz-feldspar porphyries in an area that may increase resources with additional drilling.
These findings are expected to significantly contribute to the upcoming mineral resource estimate. A total of
Deposits in the region with currently active open pits have been economic at grades equal 0.30 g/t Au (see Agnico Eagles press release dated Feb 15, 2024 - Detour Lake Deposit cut-off grade, pg. 52.)
Emperor plans to deliver mineral resource update scheduled for Q1 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 immense 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:
- 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 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.
These latest results continue to build on the strong momentum generated by last year's drilling program and confirm the presences of extensive low grade bulk tonnage zones surrounding the known high-grade regions.
Table 1 - Intercept Highlights- Host Structures are interpreted to be steeply dipping and true widths are generally estimated to
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t Au) |
DQ24-041 | 43.8 | 44.8 | 1 | 0.46 |
44.8 | 45.8 | 1 | 0.4 | |
45.8 | 47 | 1.2 | 0.13 | |
47 | 48 | 1 | 0.16 | |
Wt. Avg. | 4.2 | 0.3 | ||
DQ24-041 | 117 | 118 | 1 | 2.75 |
118 | 119 | 1 | 0.28 | |
119 | 120 | 1 | 0.6 | |
120 | 121 | 1 | 0.58 | |
121 | 122 | 1 | 0.43 | |
122 | 123 | 1 | 0.14 | |
123 | 124 | 1 | 0.15 | |
124 | 125 | 1 | 0.84 | |
125 | 126 | 1 | 0.05 | |
126 | 127 | 1 | 0.18 | |
127 | 128 | 1 | 0.41 | |
128 | 129 | 1 | 0.1 | |
129 | 130 | 1 | 0.17 | |
130 | 131 | 1 | 0.12 | |
131 | 132 | 1 | 0.54 | |
132 | 133 | 1 | 0.46 | |
133 | 134 | 1 | 1.04 | |
Wt. Avg. | 17 | 0.5 | ||
Including: (117-125m) | 8 | 0.72 | ||
DQ24-051 | 222.4 | 223.4 | 1 | 0.23 |
223.4 | 224.4 | 1 | 0.87 | |
224.4 | 225.7 | 1.3 | 0.43 | |
Wt. Avg. | 3.3 | 0.5 | ||
DQ24-051 | 300.5 | 301.5 | 1 | 0.17 |
301.5 | 302.5 | 1 | 0.42 | |
302.5 | 303.5 | 1 | 0.36 | |
303.5 | 304.5 | 1 | 0.34 | |
304.5 | 306 | 1.5 | 0.29 | |
Wt. Avg. | 5.5 | 0.3 | ||
DQ24-051 | 436.6 | 439.1 | 2.5 | 10.27 |
Wt. Avg. | 2.5 | 10.27 | ||
DQ24-061 | 137.8 | 139.5 | 1.7 | 0.37 |
139.5 | 141.2 | 1.7 | 0.34 | |
Wt. Avg. | 3.4 | 0.4 | ||
DQ24-061 | 309.7 | 310.7 | 1 | 0.21 |
310.7 | 311.7 | 1 | 0.59 | |
311.7 | 312.7 | 1 | 0.65 | |
Wt. Avg. | 3 | 0.5 | ||
DQ24-061 | 413.3 | 415.8 | 2.5 | 1.5 |
Wt. Avg. | 2.5 | 1.5 | ||
DQ24-071 | 4.5 | 6.3 | 1.8 | 0.18 |
6.3 | 7.3 | 1 | 0.16 | |
7.3 | 8.3 | 1 | 0.22 | |
8.3 | 9.3 | 1 | 0.12 | |
9.3 | 10.3 | 1 | 0.11 | |
10.3 | 11.6 | 1.3 | 0.08 | |
11.6 | 12.6 | 1 | 0.09 | |
12.6 | 13.6 | 1 | 0.12 | |
13.6 | 14.6 | 1 | 0.22 | |
14.6 | 15.6 | 1 | 0.2 | |
15.6 | 16.6 | 1 | 0.19 | |
16.6 | 17.6 | 1 | 0.17 | |
17.6 | 18.6 | 1 | 0.28 | |
18.6 | 19.6 | 1 | 0.35 | |
Wt. Avg. | 15.1 | 0.2 | ||
DQ24-081 | 38.4 | 39.4 | 1 | 0.31 |
39.4 | 40.4 | 1 | 0.33 | |
40.4 | 41.9 | 1.5 | 0.19 | |
41.9 | 43.2 | 1.3 | 0.38 | |
43.2 | 45.7 | 2.5 | 0.28 | |
Wt. Avg. | 7.3 | 0.3 | ||
DQ24-081 | 63.7 | 64.7 | 1 | 0.35 |
64.7 | 65.7 | 1 | 0.54 | |
65.7 | 66.7 | 1 | 0.72 | |
66.7 | 67.7 | 1 | 0.85 | |
67.7 | 68.7 | 1 | 0.02 | |
Note2 | 68.7 | 69.7 | 1 | 0.005 |
Note2 | 69.7 | 70.7 | 1 | 0.005 |
Note2 | 70.7 | 71.7 | 1 | 0.005 |
71.7 | 72.7 | 1 | 0.02 | |
72.7 | 74.2 | 1.5 | 0.09 | |
74.2 | 75.4 | 1.2 | 0.66 | |
75.4 | 76.5 | 1.1 | 1.22 | |
76.5 | 78.6 | 2.1 | 0.09 | |
78.6 | 80.1 | 1.5 | 1.68 | |
80.1 | 81.6 | 1.5 | 0.25 | |
81.6 | 82.6 | 1 | 0.77 | |
82.6 | 83.6 | 1 | 1.96 | |
83.6 | 85.2 | 1.6 | 0.86 | |
85.2 | 87.7 | 2.5 | 0.06 | |
87.7 | 90 | 2.3 | 0.15 | |
Note2 | 90 | 92.5 | 2.5 | 0.005 |
92.5 | 95 | 2.5 | 0.03 | |
Note2 | 95 | 97.5 | 2.5 | 0.005 |
97.5 | 100 | 2.5 | 0.02 | |
Note2 | 100 | 101.8 | 1.8 | 0.005 |
Note2 | 101.8 | 103.6 | 1.8 | 0.005 |
103.6 | 105.2 | 1.6 | 0.08 | |
105.2 | 107.7 | 2.5 | 0.67 | |
107.7 | 110.2 | 2.5 | 0.22 | |
110.2 | 112.7 | 2.5 | 0.47 | |
112.7 | 114.3 | 1.6 | 0.34 | |
114.3 | 115.9 | 1.6 | 0.16 | |
115.9 | 116.9 | 1 | 0.21 | |
116.9 | 117.9 | 1 | 0.02 | |
117.9 | 118.9 | 1 | 0.29 | |
Wt. Avg. | 55.2 | 0.3 | ||
Including: (63.7-85.2m) | 21.5 | 0.6 | ||
Including: (74.2-85.2m) | 11 | 0.85 | ||
DQ24-081 | 148 | 149 | 1 | 0.16 |
149 | 150 | 1 | 0.4 | |
150 | 151 | 1 | 0.24 | |
151 | 152 | 1 | 0.14 | |
152 | 153 | 1 | 0.06 | |
153 | 154.15 | 1.15 | 0.08 | |
154.15 | 155.65 | 1.5 | 0.89 | |
155.65 | 157.1 | 1.45 | 0.25 | |
157.1 | 158.7 | 1.6 | 0.02 | |
158.7 | 160.35 | 1.65 | 0.23 | |
Wt. Avg. | 12.35 | 0.3 | ||
DQ24-091 | 5.5 | 6.5 | 1 | 0.28 |
6.5 | 7.5 | 1 | 0.61 | |
7.5 | 8.5 | 1 | 0.11 | |
8.5 | 9.5 | 1 | 0.11 | |
Wt. Avg. | 4 | 0.3 | ||
DQ24-091 | 335.5 | 338 | 2.5 | 0.34 |
338 | 340.5 | 2.5 | 0.13 | |
340.5 | 343 | 2.5 | 0.11 | |
343 | 344.3 | 1.3 | 0.07 | |
344.3 | 345.7 | 1.4 | 0.76 | |
Wt. Avg. | 10.2 | 0.3 | ||
DQ24-091 | 353.2 | 355.7 | 2.5 | 0.17 |
355.7 | 358.2 | 2.5 | 0.19 | |
358.2 | 360.7 | 2.5 | 0.18 | |
360.7 | 363.2 | 2.5 | 0.65 | |
Wt. Avg. | 10 | 0.3 |
1Host Structures are interpreted to be steeply dipping and true widths are generally estimated to
2Value reported below detection limit of <0.01. Value was numerically halved to assign a real number.
Quality Assurance and Control
The Quality Assurance and Quality Control (QAQC) was conducted by Technominex, a geological contractor hired by Emperor Metals, which adheres to CIM Best Practices Guidelines for exploration related activities conducted at its facility in Rouyn Noranda, Quebec. The QA/QC procedures are overseen by a Qualified Person on site.
Emperor Metals QA/QC protocols are maintained through the insertion of certified reference material (standards), blanks and lab duplicates within the sample stream totaling approximately one QA/QC sample per 7 samples. Drill core is cut in-half with a diamond saw, with one-half placed in sealed bags with appropriate tags and shipped to the SGS Sudbury laboratory and the other half retained on site in the original core box. A dispatch list consists of 88 or 176 samples along with their corresponding QA/QC samples for a single batch. This allows complete batches (88 samples) for fire assay. A file for sample tracking records tags used and weights of sample bags shipped to the SGS Lakefield. Shipment is done by Manitoulin Transport and coordination by Technominex staff in Rouyn-Noranda
The third-party laboratory, SGS prep laboratory in Sudbury Ontario, processes the shipment of samples using standard sample preparation (code PRP91) and produces pulps from the specified samples. The pulps are then sent off to SGS Burnaby for analysis. Chain of custody is maintained from the drill to the submittal into the laboratory preparation facility all the way to analysis at the SGS Burnaby B.C. laboratory.
Analytical testing is performed by SGS laboratories in Burnaby, British Columbia. The entire sample is crushed to
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
The Property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au.1,2 The 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. The gold system remains open for resource identification and expansion.
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.
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.
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.
About Emperor Metals Inc.
Emperor Metals Inc. is an innovative Canadian mineral exploration company focused on developing high-quality gold properties situated in the Canadian Shield. 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
(807) 228-3531
johnf@emperormetals.com
Alex Horsley
Director
(778) 323-3058
alexh@emperormetals.com
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.
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FAQ
What are the latest drilling results from Emperor Metals (EMAUF) at Duquesne West?
When will Emperor Metals (EMAUF) release its new Mineral Resource Estimate?
What is the current historical resource at Emperor Metals' (EMAUF) Duquesne West project?
How much of the 2024 drilling program results has EMAUF reported so far?