Emperor Metals Inc. Announces Significant Increase in Gold Resource at Duquesne West Project

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) has announced a substantial increase in the inferred mineral resource at its Duquesne West Gold Project located in Quebec. The 2025 Mineral Resource Estimate (MRE) reveals a total of 26.9 million tonnes grading 1.69 g/t gold, amounting to 1.460 million ounces. This marks a 104% increase over historical estimates, showcasing the project's potential for significant gold extraction.

The resource is divided with approximately 44% amenable to open-pit extraction and the remaining 56% suitable for underground mining. This diversification in extraction methods highlights the project's flexibility and potential for cost-effective operations. High-grade intercepts, such as 22.7 meters at 35.2 g/t gold, underscore the quality of the deposit and the effectiveness of Emperor Metals' exploration strategies.

Looking ahead, Emperor Metals plans an ambitious summer drill campaign of 8,000 to 10,000 meters aimed at further expanding the resource. The company's goal is to surpass two million ounces by 2025, a target that, if achieved, could significantly enhance its position in the gold mining industry. CEO John Florek pointed to the $7 per ounce discovery cost as a testament to the company's capital efficiency, especially relevant in the current context of strong gold prices.

This development is not only a milestone for Emperor Metals but also signals positive implications for the mining sector and investors. The increase in resource estimates at the Duquesne West Project demonstrates the potential for substantial gold production, contributing to the global supply and possibly influencing gold market dynamics. For more details, visit https://ibn.fm/fJp54.