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Emperor Metals Mobilizes Drill Rig to Advance Duquesne West Exploration
Newsfileยท2025-10-28 12:30

Core Viewpoint - Emperor Metals Inc. has resumed its drilling program at the Duquesne West Gold Project following a successful financing round of $11.1 million, aimed at advancing exploration and development efforts [2][3]. Summary by Sections Drilling Program and Financing - The company is excited to resume drilling after closing a financing round of $11.1 million, which will support exploration at both the Duquesne West and Lac Pelletier Gold Deposits [2]. - The next phase of drilling will involve 10,000 to 15,000 meters, focusing on resource expansion and delineation [5][12]. Resource Estimates and Geological Insights - The Duquesne West Gold Project has an Inferred Mineral Resource of 27.3 million tonnes grading 1.69 grams per tonne (g/t) gold, containing 1.46 million troy ounces of gold [4][18]. - Approximately 44% of the current resource is amenable to open-pit extraction, while 56% is potentially mineable via underground methods [3][4]. Strategic Objectives for 2025 - The 2025 drilling campaign will include an 8,000-meter historical core sampling program and a diamond drilling program targeting step-out zones [12]. - Key objectives include expanding the open pit footprint, increasing the thickness of high-grade lenses, and discovering new zones [13][14]. Historical Drilling Highlights - Significant historical drilling has been conducted, with over 120,000 meters completed, indicating substantial upside potential for resource expansion [3][10]. - Notable intercepts from the 2023 and 2024 drilling campaigns have successfully extended mineralized zones, contributing to the inferred resource expansion [10][11]. Technological Integration - The company is leveraging AI and machine learning to reinterpret geological models, revealing new opportunities for resource discovery [20]. Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration in Quebec's Southern Abitibi Greenstone Belt, with a commitment to unlocking the resource potential of the Duquesne West and Lac Pelletier Projects [26].