Emperor Metals Reports 104% Gold Resource Increase at Duquesne West Project

Emperor Metals Inc. has announced a substantial increase in the estimated gold resources at its Duquesne West Gold Project in Quebec. The initial Mineral Resource Estimate reveals a 104% increase over historical figures, with an Inferred Mineral Resource of 26.9 million tonnes grading 1.69 g/t gold, totaling 1.460 million ounces. This development marks a significant milestone for the company, showcasing the project's growing potential and the effectiveness of its exploration strategies.

The breakdown of the resource indicates that approximately 44% is suitable for open-pit extraction, while 56% is amenable to underground mining. High-grade intercepts, such as 22.7 meters at 35.2 g/t gold, underscore the quality of the deposit. Emperor Metals Inc. has planned a summer drill campaign of 8,000 to 10,000 meters to further expand 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 company's capital efficiency, especially relevant in the current context of strong gold prices.

For more details on the announcement, visit https://ibn.fm/fJp54. This update not only reflects Emperor Metals Inc.'s progress in exploration but also positions the Duquesne West Gold Project as a significant asset in the Canadian Shield's gold mining landscape. The resource growth demonstrates the potential for continued expansion through systematic exploration, while the combination of open-pit and underground resources provides operational flexibility. The timing of this announcement coincides with strong gold market fundamentals, enhancing the economic viability of the project.

The company's strategic approach to resource development, combined with the high-grade nature of the deposit, suggests substantial upside potential for future mining operations. The planned drilling program represents a logical next step in converting inferred resources to higher confidence categories while testing for additional mineralization. The Duquesne West Gold Project's location in the mineral-rich Abitibi region of Quebec provides access to established mining infrastructure and skilled labor, further supporting its development potential. This resource update represents a critical step toward establishing Duquesne West as a significant gold producer in one of Canada's most prolific mining districts.