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Giant Mining Expands New Copper Discovery at Majuba Hill Copper-Silver-Gold Project, Nevada with AI-Driven Drill Program as Phase 2 Exploration Begins
Thenewswire· 2025-09-03 07:05
Core Insights - Giant Mining Corp. has launched its 2025 Phase 2 Exploration Program at the Majuba Hill Copper-Silver-Gold Project in Nevada, building on the success of Phase 1 [1][2] - The project is strategically positioned to support the U.S. transition to a sustainable future, as copper is essential for electrification and renewable energy [3] Exploration Program Highlights - The Phase 2 program utilizes a porphyry-driven, magmatic-hydrothermal breccia model to explore the district-scale potential of Majuba Hill [2] - Key exploration targets include the Southern Breccia Zone, Northern Breccia Zone, and Ball Park Breccia, with new soil samples being collected to enhance geochemical characterization [3] Drilling Results - The final assay results from the Phase 1 diamond drilling program confirmed the effectiveness of the AI-driven targeting strategy, particularly in identifying high-potential breccia zones [5] - Core hole MHB-36, completed to a depth of 1,100 feet (335.3 meters), intersected multiple intervals of copper mineralization, with significant values including 1.5 feet (0.5 m) at 1.21% Cu [10][12] Project Characteristics - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres and benefiting from existing infrastructure, which provides cost advantages [13] - The project has a history of production and shows indications of a potentially large mineralized body, with significant expansion potential [13] Market Engagement - Giant Mining has engaged InteractiveOffers LLC for a comprehensive investor relations program to enhance transparency and engagement with the investment community [18][19] - The initiative aims to broaden awareness of the company's strategic growth initiatives and corporate milestones [20]
Emperor Metals Announces Filing of Technical Report in Support of Maiden Mineral Resource Estimate for the Duquesne West Gold Project, Quebec
Newsfile· 2025-08-27 09:30
Core Viewpoint - Emperor Metals Inc. has filed a technical report supporting its initial Mineral Resource Estimate for the Duquesne West Gold Project, highlighting significant growth potential and robust resource values [2][4]. Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [12]. - The company aims to unlock substantial resource potential at the Duquesne West Gold Project and the Lac Pelletier Project [12]. Mineral Resource Estimate - The 2025 Duquesne West Mineral Resource Estimate comprises an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold (Au) at an average grade of 1.69 grams per tonne (g/t) [3][8]. - The report includes a sensitivity analysis showing robust values in both grade and size at various cutoff grades, indicating strong potential for resource expansion [4][9]. Technical Report Details - The technical report, titled "NI 43-101 Technical Report and Maiden Mineral Resource Estimate, Duquesne West Property, Quebec, Canada," was prepared by qualified professionals from APEX Geoscience and is dated August 21, 2025, with an effective date of July 2, 2025 [2][9]. - The report is available for public access under the company's profile on SEDAR+ [2]. Economic Assumptions - Economic assumptions for the resource estimate include a gold price of US$2,300 per ounce, a foreign exchange rate of 0.75 US$:CA$, and processing costs of CA$12.5 per tonne [9].
Emperor Metals Announces Maiden Mineral Resource Estimate for the Duquesne West Project, Quebec
Newsfile· 2025-07-09 09:30
Core Viewpoint - Emperor Metals Inc. has announced its initial Mineral Resource Estimate for the Duquesne West Gold Project, indicating a significant increase in gold resources compared to historical estimates [1][3]. Group 1: Mineral Resource Estimate Highlights - The 2025 Duquesne West MRE includes an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold at an average grade of 1.69 grams per metric ton (g/t) [2][4]. - The current estimate represents an increase of over 104% from the historical resource, which was 727,000 ounces at a grade of 5.42 g/t [3][4]. - Approximately 44% of the total inferred gold resource is amenable to open-pit extraction, while 56% is potentially mineable via underground methods [6]. Group 2: Exploration and Future Plans - The company plans to conduct a summer drill program of approximately 8,000 to 10,000 meters starting in August to further expand the resource [6]. - The focus for 2025 is to surpass the inferred two-million-ounce mark through systematic exploration [4]. Group 3: Technical Details - The effective date of the 2025 Duquesne West MRE is July 2, 2024, and it was prepared by APEX Geoscience Ltd. [7]. - The MRE includes 292 drillholes with a total of 8,229.31 meters of drilling within the estimation domains [16]. - Gold grades were estimated using Ordinary Kriging with locally varying anisotropy to ensure grade continuity [18]. Group 4: Economic Assumptions - Economic assumptions for the MRE include a gold price of USD $2,300 per ounce, a processing cost of CA$12.5 per tonne, and a general and administrative cost of CA$3.0 per tonne [10].
Emperor Metals to Participate in THE Mining Investment Event of the North, June 3-5, Quebec City
Newsfile· 2025-05-29 12:00
Company Participation - Emperor Metals Inc. will participate in THE Mining Investment Event of the North, a premier mining conference in Quebec City from June 3-5, 2025 [1][2] - The event is invite-only and will host over 100 mining companies, investors, and government representatives, supported by the Government of Québec [2] Investor Engagement - Management from Emperor Metals will be available for one-on-one investor meetings during the conference [3] - Interested parties can contact Jennifer Choi for registration and meeting inquiries [3] Project Focus - The company is focused on delivering an updated Mineral Resource Estimate for its flagship Duquesne West Gold Project in Québec [4] - Work is also progressing on the recently acquired Lac Pelletier Project, which has near-term production potential [4][6] Display Participation - Emperor Metals will participate in the Coreshack display at the Salon January Lounge, showcasing core samples from its 2024 exploration campaigns [5] Company Overview - Emperor Metals Inc. is a high-grade gold exploration and development company operating in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [6] - The company aims to unlock the resource potential of its projects, led by a team with a strong track record in the mining sector [6]