Montreal Breaking - Emperor Metals Inc. Announces Significant Increase in Gold Resources at Duquesne West Project

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) has announced a significant milestone with its initial Mineral Resource Estimate (MRE) for the Duquesne West Gold Project in Quebec, revealing a 104% increase over historical figures. The 2025 Duquesne West MRE details an Inferred Mineral Resource of 26.9 million tonnes grading 1.69 g/t gold, totaling 1.460 million ounces. This development underscores the project’s potential, with approximately 44% of the resource suitable for open-pit extraction and 56% for underground mining.

The updated estimate reflects the company’s successful exploration efforts, including notable high-grade intercepts such as 22.7 meters at 35.2 g/t gold. Emperor Metals Inc. has outlined plans for a summer drill campaign of 8,000 to 10,000 meters aimed at further expanding the resource, with ambitions to exceed two million ounces by 2025. CEO John Florek highlighted the discovery cost of $7 per ounce as a testament to the project’s capital efficiency, particularly relevant in the context of strong gold prices.

This announcement is pivotal for investors and the mining sector, as it not only demonstrates Emperor Metals Inc.’s progress in resource development but also positions the Duquesne West Gold Project as a significant contributor to the gold mining industry. The strategic focus on both open-pit and underground mining methods enhances the project’s versatility and potential for long-term success.