Emperor Metals Clarifies Press Release for February 25, 2025
Emperor Metals Clarifies Press Release for
February 25, 2025
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2025) -
Emperor Metals Inc.
(
CSE:
AUOZ)
(OTCQB: EMAUF) (FSE: 9NH
) ("
Emperor
") This is a clarification at the request of CIRO.
We are
excited to announce the reanalysis results for the previously released DQ24-12 samples (see press
release, January 8, 2025), along with the final results of all prior unsampled historical core assays. Given
the abundant visible gold observed in the DQ24-12 intersection and the discrepancies between the
initial results and geological observations, a more representative method was used to provide a more
accurate result.
CEO John Florek commented: "The discovery of high-grade gold lenses, which contain visible gold and
were previously thought to be lower-grade, is a highly significant development for the economics of this
deposit and strengthens the potential of the project. This opens up the opportunity to add additional high-
grade zones within a large gold system. The presence of abundant free gold, not well-documented in
earlier drilling, presents a unique opportunity to substantially increase both the gold grade and ounces
within the conceptual open pit. This is further supported by our metallurgical results, visual observations,
and high gold grades with minimal sulfide content. With additional infill drilling, we anticipate further
improvements in both grade and ounces within this type of deposit."
The 2024 drilling program comprised 8,166 meters across 19 drill holes, alongside approximately 8,000
meters of historical core assaying. To date, 100% of both the 2024 drilling and historical sampling
program, including new drilling and resampling of historical core, has been reported for the 2024
season.
Figure 1
,
Table 1
, and
Table 2
highlight the significant intercepts related to this press release.
Following the high-grade sample reported in our January 8 press release for DQ24-12, which recorded
2.5 meters at 57.8 g/t Au, Emperor re-assayed the interval using a larger, more representative sample
than our standard protocol, employing a screened metallics method for greater accuracy. The screened
metallics fire assay is a specialized technique used to accurately determine gold concentrations in
samples that may contain coarse gold particles, a phenomenon known as the "nugget effect." This
method is particularly useful when traditional fire assay techniques might underestimate gold content due
to the presence of large gold grains. This method is particularly beneficial in regions where coarse gold
is prevalent, as it helps mitigate the risk of underreporting gold content due to the nugget effect.
This
result upgrades the 2.5 m interval of 57.8 g/t Au to
2.5 m of 301.1 g/t Au
, representing a substantial
increase of 5.2 times.
This work, combined with the discovery of visible gold-bearing lenses (shown in
Figure 2
) and
significant low-grade bulk tonnage zones, underscores the project's substantial resource growth
potential. Emperor's AI capability to effectively utilize this tool to generate targets was crucial for our
targeting, where information is not well understood.
With the results from the 2024 drilling season now
complete, we will leverage our AI technology to rebuild the models, generate new targets, and develop
our strategic drilling plan for 2025.
These findings are expected to make a significant contribution to the upcoming Q1 or early Q2 mineral
resource estimate.
Resample and Historical Core Highlights:
(see tables 1 and 2 for complete results)
DQ24-12:
The discovery of visible gold (VG) within a 21.7m section grading 7.2 g/t Au prompted
Emperor Metals to conduct screen metallics analysis on the VG sample rejects (286.9m to 289.4m
/ 2.5m). This analysis returned an exceptionally high grade of 301 g/t Au, revealing a substantial
amount of gold not captured in the original split core analysis and updating the zone to 21.7 m of
35.2 g/t Au.
DQ06-02 (Historical Core)
: Sampling results have expanded three previous zones and increased
mineralization to 3.0 m of 6.17 g/t Au, 2.45 meters of 1.13 g/t Au, and 7.0 meters of 2.14 g/t Au.
These results were obtained from sheared and altered mafic volcanics, as well as a zone
associated with altered quartz-feldspar porphyry and ultramafic sequences.
DO-11-21 (Historical Core)
:
Sampling results reveal an additional 23.8 meters of 0.4 g/t Au in a
completely new zone within an altered quartz-feldspar porphyry (QFP).
DQ06-12 (Historical core)
:
Sampling results show an additional 2.35 meters of 4.2 g/t Au within a
weakly brecciated mafic flow.
DQ95-22 (Historical core)
:
Sampling results show an additional 6 meters of 2.28 g/t Au within the
contact zone between altered QFP and a sheared mafic volcanic unit.
DQ95-31 (Historical core)
: Sampling results show an additional 6.88 meters of 1.14 g/t Au and
7.92 meters of 1.59 g/t Au, associated with an altered QFP and a brecciated flow/tu
DQ09-09 (Historical core)
: Sampling results show an additional 8.8 meters of 0.54 g/t Au within
an altered syenite porphyry, and 2.1 meters of 3.83 g/t Au in a strongly altered QFP unit.
DQ94-2 (Historical core)
: Sampling adds 4.58 meters of 1.05 g/t Au at the contact between a
weakly sheared mafic volcanic unit and a strongly sheared and fractured QFP.
DQ96-70 (Historical core)
: Sampling results show an additional 11.75 meters of 0.58 g/t Au
within a highly altered diorite unit.
Emperor's focus in 2024 was on near-surface drilling for open-pit mining, Emperor aims to economically
expand its resource base by including lower grades in the conceptual open-pit environment compared to
higher grades in an underground mining scenario.
This allows Emperor to add ounces more rapidly to
the resource. Deposits in the region with currently active open pits have been economic at grades equal
0.30 g/t Au (
see Agnico Eagles press release dated Feb 15, 2024 - Detour Lake Deposit cut-off grade,
pg. 52.
)
Emperor is targeting a multi-million-ounce resource, utilizing a combination of conceptual open-pit and
underground mining scenarios. There is no guarantee that further exploration will define a current
resource. The Property currently hosts a historical inferred mineral resource estimate of 727,000 ounces
of gold at a grade of 5.42 g/t Au
1,2
. The historical mineral resource estimate predates modern Canadian
Institute of Mining and Metallurgy (CIM) guidelines and a Qualified Person on behalf of Emperor has not
reviewed or verified the mineral resource estimate, therefore it is considered historical in nature and is
reported solely to provide an indication of the magnitude of mineralization that could be present on the
property.
Emperor is committed to delivering an updated Mineral Resource Estimate in Q1 or Early Q2
of 2025.
Figure 1:
Location of High-grade Screen metallic results from DQ24-12 and Historical drill holes with
reported results from previously unsampled historical core.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8461/242405_3e70becec4096a23_002full.jpg
Figure 2:
Visible Gold Occurrences in DQ24-12.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8461/242405_3e70becec4096a23_003full.jpg
Strategic Plan
The 2024 drilling campaign at Emperor's Duquesne West Gold Project in Quebec continues to identify
extensive low-grade bulk tonnage zones surrounding the previously known high grade areas. These
latest results further solidify the project's potential and underscore the company's commitment to
unlocking substantial value for its shareholders.
The 2024 season leverages advanced exploration techniques to test several scenarios to add ounces
and/or expand the footprint. The reader should be aware that further work is required without any
guarantee that success will be realized.
1)
Explore Lower Grade Discoveries: Target additional discoveries within the host rock containing
high-grade gold lenses, focusing on the conceptual open-pit model.
2)
Increase the Thickness of the High-Grade Lenses: Incorporate previously unaccounted lower-grade
gold from the margins of high-grade lenses to enhance their overall thickness.
3)
Expand Mineralized Zones: Extend the lateral footprint of mineralized zones along strike and dip.
4)
Discover New Zones: Explore potential new zones not yet included in the conceptual open-pit
model, with a particular focus on eastward expansion.
These latest results continue to build on the strong momentum generated by last year's drilling program
and confirm the presences of extensive low grade bulk tonnage zones surrounding the known high-grade
regions.
Table 1 - Intercept Highlights-
Host Structures are interpreted to be steeply dipping and true widths
are generally estimated to 90%.
Hole No.
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ24-12
1
258.8
261.3
2.5
0.39
261.3
263.8
2.5
0.13
263.8
266.3
2.5
0.02
Note
1
266.3
268.8
2.5
0.005
268.8
271.3
2.5
0.01
Note
1
271.3
273.8
2.5
0.005
273.8
275.4
1.6
0.02
275.4
276.4
1
6.77
276.4
277.4
1
1.65
277.4
278.4
1
0.09
278.4
279.4
1
0.06
279.4
280.4
1
0.02
280.4
281.7
1.3
0.02
281.7
283.05
1.35
1.47
283.05
284.4
1.35
0.07
284.4
286.9
2.5
0.01
Note
3
286.9
289.4
2.5
301.00
289.4
291.9
2.5
0.005
291.9
294.1
2.2
0.13
294.1
295.1
1
0.13
295.1
296.1
1
0.09
296.1
297.1
1
0.21
Wt. Avg.
38.3
20.0
Including (275.4 to 297.1 m)
21.7
35.2
Including (275.4 to 289.4 m)
14
54.5
1
Host Structures are interpreted to be steeply dipping and true widths are generally estimated to 90%.
3
Sample reassayed.
Screened Metallics performed at SGS.
Table 2 - Historical core sampling Highlights-
Host Structures are interpreted to be steeply dipping
and true widths are generally estimated to 90%. The Sample IDs in bold and italic represent 2024
historical core sampling previously not sampled.
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ06-02
D00289058
341.6
342.6
1
1.67
D00289059
342.6
343.6
1
0.28
62944
343.6
344.6
1
16.55
Wt. Avg.
3
6.17
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ06-02
D00289103
408.4
410.85
2.45
1.13
Wt. Avg.
2.45
1.13
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ06-02
62861
509
510
1
0.489
62862
510
511
1
0.02
62863
511
512
1
0.016
62864
512
513
1
0.123
62865
513
513.9
0.9
0.197
D00289154
513.9
515
1.1
0.14
D00289155
515
516
1
14.95
Wt. Avg.
7
2.28
Incl.
1
14.95
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DO-11-21
D00286397
48.2
49.2
1
0.23
D00286398
49.2
50.2
1
0.18
D00286399
50.2
51.2
1
0.77
D00286401
51.2
52.3
1.1
0.03
D00286402
52.3
53.4
1.1
0.11
D00286403
53.4
54.5
1.1
0.03
D00286404
54.5
55.6
1.1
0.74
D00286405
55.6
56.7
1.1
1.78
D00286406
56.7
57.8
1.1
0.06
D00286407
57.8
58.9
1.1
0.31
D00286408
58.9
60
1.1
0.33
D00286409
60
61
1
0.26
D00286411
61
62
1
0.24
D00286412
62
63
1
0.27
D00286413
63
64
1
0.21
D00286414
64
65
1
0.37
D00286415
65
66
1
0.36
D00286416
66
67
1
0.28
D00286417
67
68
1
0.28
D00286418
68
69
1
0.53
D00286419
69
70
1
0.13
D00286421
70
71
1
1.46
D00286422
71
72
1
0.17
Wt. Avg.
23.8
0.40
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ06-12
D00296402
483.4
484.85
1.45
3.79
83493
484.85
485.75
0.9
4.87
Wt. Avg.
2.35
4.20
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ95-22
836
303
304.14
1.14
8.57
837
304.14
305
0.86
0.12
D00287984
305
306
1
0.005
D00287985
306
307
1
0.01
D00287986
307
308
1
0.005
D00287987
308
309
1
3.81
Wt. Avg.
6
2.28
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ95-31
D00289344
197.62
199.5
1.88
2.93
6563
199.5
200
0.5
0.09
D00289345
200
201.9
1.9
0.04
6564
201.9
202.4
0.5
0.17
6565
202.4
203
0.6
1.65
6566
203
204.5
1.5
0.76
Wt. Avg.
6.88
1.14
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ95-31
6580
228.56
229.7
1.14
7.1
6581
229.7
230.2
0.5
0.07
D00289347
230.2
231.5
1.3
0.07
6582
231.5
232
0.5
0.02
D00289349
232
233
1
0.05
D00289351
233
234
1
3.96
D00289352
234
235.02
1.02
0.08
6583
235.02
236.48
1.46
0.18
Wt. Avg.
7.92
1.59
Incl.
5.44
2.25
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ09-09
D00296752
28
29
1
1.6
14067
29
30
1
0.005
14068
30
31
1
0.005
14069
31
32
1
0.005
D00296753
32
33.2
1.2
0.01
D00296754
33.2
34.4
1.2
0.005
D00296755
34.4
35.6
1.2
0.6
D00296756
35.6
36.8
1.2
2.01
Wt. Avg.
8.8
0.54
Incl.
2.4
1.31
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ09-09
D00296827
120.3
121.4
1.1
0.14
D00296828
121.4
122.4
1
7.88
Wt. Avg.
2.1
3.83
Incl.
1
7.88
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ94-2
D00295584
221.92
222.68
0.76
2.84
10932
222.68
223.18
0.5
0.06
10933
223.18
224.98
1.8
0.21
10934
224.98
226.5
1.52
1.47
Wt. Avg.
4.58
1.05
Hole No.
Sample ID
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ96-70
D00296375
448.5
450
1.5
1.27
D00296376
450
451.25
1.25
1.67
D00296377
451.25
452.5
1.25
0.52
D00296378
452.5
453.6
1.1
0.06
D00296379
453.6
454.58
0.98
0.24
10721
454.58
454.88
0.3
0.282
D00296381
454.88
456
1.12
0.14
D00296382
456
457.25
1.25
0.46
D00296383
457.25
458.5
1.25
0.38
D00296384
458.5
459.75
1.25
0.3
10722
459.75
460.25
0.5
0.411
Wt. Avg.
11.75
0.58
Incl.
4
1.16
Quality Assurance and Control
The Quality Assurance and Quality Control (QAQC) was conducted by Technominex, a geological
contractor hired by Emperor Metals, which adheres to CIM Best Practices Guidelines for exploration
related activities conducted at its facility in Rouyn Noranda, Quebec. The QA/QC procedures are
overseen by a Qualified Person on site.
Emperor Metals QA/QC protocols are maintained through the insertion of certified reference material
(standards), blanks and lab duplicates within the sample stream totaling approximately one QA/QC
sample per 7 samples. Drill core is cut in-half following a line marked by the geologist to represent an
unbiased sample with a diamond saw, with the same-half of core placed in sealed bags with appropriate
tags and shipped to the SGS Sudbury laboratory and the other half retained on site in the original core
box. A dispatch list consists of 88 or 176 samples along with their corresponding QA/QC samples for a
single batch. This allows complete batches (88 samples) for fire assay. A file for sample tracking
records tags used and weights of sample bags shipped to the SGS Lakefield. Shipment is done by
Manitoulin Transport and coordination by Technominex staff in Rouyn-Noranda
The third-party laboratory, SGS prep laboratory in Sudbury Ontario, processes the shipment of samples
using standard sample preparation (code PRP91) and produces pulps from the specified samples. The
pulps are then sent off to SGS Burnaby for analysis. Chain of custody is maintained from the drill to the
submittal into the laboratory preparation facility all the way to analysis at the SGS Burnaby B.C.
laboratory.
Analytical testing is performed by SGS laboratories in Burnaby, British Columbia. The entire sample is
crushed to 75% passing 2mm, with a split of 500g pulverized to 85% passing 75 microns. Samples are
then analyzed using Au - ore grade 50g Fire Assay, ICP-AES with reporting limits of 0.01 -100 part per
million (ppm).
High-grade gold analysis, based on the presence of visible gold or exceptional fire assay results
exceeding 100 ppm, is conducted using the screened metallics method by Fire Assay, AAS/ICP/Grav. In
this process, a 1000 g sample is pulverized and then screened to a 106-micron size. The entire plus
fraction is analyzed to extinction, while two 50 g samples from the minus fraction are also analyzed. The
weighted average of these results is reported.
About the Duquesne West Gold Project
The Duquesne West Gold Property is located 32 km northwest of the city of Rouyn-Noranda and 10 km
east of the town of Duparquet, Quebec, Canada. The property lies within the historic Duparquet gold
mining camp in the southern portion of the Abitibi Greenstone Belt in the Superior Province.
Under an Option Agreement, Emperor agreed to acquire a 100% interest in a mineral claim package
comprising 38 claims covering approximately 1,389 ha, located in the Duparquet Township of Quebec
(the "Duquesne West Property") from Duparquet Assets Ltd., a 50% owned subsidiary of Globex Mining
Enterprises Inc. (TSX: GMX). For further information on the Duquesne West Property and Option
Agreement, see Emperor's press release dated Oct. 12, 2022, available on SEDAR.The Property hosts
a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au.
[1][2]
The historical mineral resource estimate predates modern Canadian Institute of Mining and Metallurgy
(CIM) guidelines and a Qualified Person on behalf of Emperor has not reviewed or verified the mineral
resource estimate, therefore it is considered historical in nature and is reported solely to provide an
indication of the magnitude of mineralization that could be present on the property. The gold system