Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Set to Develop New Open Pit Potential at Flagship Gold Project

June 24, 2024 09:35:00
  • Emperor Metals is growing the historic mineral resource of 727,000 ounces of high-grade gold at 5.42 g/t Au and an impressive 5.71 m avg thickness
  • Emperor used artificial intelligence and machine learning to create the first 3D & geological model last year, leading it to discover potential for extending an open pit mine above the high-grade underground lenses on which it had previously focused
  • The company has approximately $4 million in working capital to advance its project toward an updated mineral resource later this year
  • Mobilization on an 8,000-meter drill program, coupled with an 8,000-meter core sampling project in the open pit, began last month for this year’s effort

Advanced stage gold explorer Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is looking forward to proving and developing the substantial resource potential of its flagship Duquesne West Gold Project in southwest Quebec, Canada, with this year’s drilling program.

“Our drilling program is basically going to be 70-80 percent looking at the open pit potential. 20-30  percent is going to be looking at those high-grade lenses in the underground,” Emperor Metals President and CEO John Florek said during a Paydirt Prospector interview last…

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NOTE TO INVESTORS: The latest news and updates relating to EMAUF are available in the company’s newsroom at https://ibn.fm/EMAUF

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