MiningNewsBreaks – Why Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Is ‘One to Watch’

June 7, 2024 14:55:00

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of 5.71 m. In 2023, with the use of AI (Artificial Intelligence), Emperor Metals created the first ever 3D mineralized and geological model, which illuminated the potential to add significant ounces to this deposit. Using these models, Emperor had a very successful 2023 drilling campaign of 8,579 m. In addition to laterally extending high grade zones by intercepting grades of 15.8 g/t Au over 10.8 meters, Emperor encountered intercepts of lower grade bulk tonnage in the host rocks (1.69 g.t Au over 25 m). This led to envisioning a different strategy of exploration and the revelation that conceptual open pit potentially overlies this high-grade deposit. Historic sampling began (2,500 m) for discovering overlooked lower grade gold in the host rock around the high-grade lenses. Lower grade bulk tonnage gold improves the open-pit economics by reducing stripping ratios and adding overlooked incremental ounces for open-pit mining,” a recent article reads, further discussing Emperor’s fully funded phase II drilling program. “The company also plans on assaying an additional 8,000 m of historic core within the open pit model.”

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About Emperor Metals Inc.

Emperor Metals 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.SEDAR.com), under the company’s profile.

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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