Emperor Metals Drilling Confirms Broad Gold Mineralization in Conceptual Open Pit Model, Highlighting 21.7m at 7.2 g/t Au, 24.8m at 1.8 g/t Au, and Visible Gold Occurrences.
Emperor Metals Drilling Confirms Broad Gold
Mineralization in Conceptual Open Pit Model,
Highlighting 21.7m at 7.2 g/t Au, 24.8m at 1.8
g/t Au, and Visible Gold Occurrences.
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2025) -
Emperor Metals Inc.
(CSE: AUOZ)
(OTCQB: EMAUF) (FSE: 9NH) ("
Emperor
") is pleased to share additional results from its 2024 drilling
program. The program included 8,166 meters of drilling across 19 new drill holes, and assays of
approximately 8,000 meters of historical core. To date, 70% of the new drilling assays have been
reported, but only 35% of the total assays for the 2024 season (combined 2024 drilling and historical
core resampling).
All assays should be finalized by mid-February.
CEO John Florek commented:
"The intersection of broad zones of multi-gram gold (Au) mineralization
with visible gold within the
conceptual open-pit model is highly encouraging for future open-pit mining
economics. These results highlight significant opportunities in poorly drilled areas within the defined
conceptual open-pit model. This reinforces the potential to optimize and expand the currently
understood boundaries of potentially viable mining for this deposit.
This additional high-grade
mineralization, once fully defined, will be vital to increasing our open-pit head grade for potential future
mining and our upcoming Mineral Resource Estimate (MRE) expected in Q1 of 2025."
Highlights:
DQ24-11 intersects 24.8 meters (m) of 1.8 g/t Au and 56.1 m of 0.5 g/t Au which expands
on the low-grade bulk tonnage in the Conceptual Open Pit.
DQ24-12 intersected 21.7 m of 7.2 g/t Au within a broader interval of 38.3 m of 4.1 g/t Au
within an area of limited drilling in Emperor's conceptual open pit model.
DQ24-12 intersects 23.5 m of 1.2 g/t Au (within a broader interval of 68.3 m of 0.6 g/t Au)
(see Figure 1 and 2).
Full results for DQ24-10 to DQ24-11 and partial results for DQ24-12 have been released from SGS
Laboratories (
see Table 1
intercept highlights). These results continue to identify significant potential for
resource expansion within and along strike of the open pit concept through previously unidentified low
grade bulk tonnage zones and discoveries of high-grade lenses containing visible gold within the
conceptual open-pit model (
Figure 1 and 2
).
Emperor is targeting a multi-million-ounce resource in a combination of conceptual open pit and
underground mining scenarios. 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
Emperor is committed to delivering a new
Mineral Resource Estimate in Q1 of 2025.
Figure 1:
Location of DQ24-10 to 12 DDH.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8461/236364_3eb824e0e41efae3_002full.jpg
Figure 2:
Cross section showing the location of DDH24-12 and the significant intercepts in conceptual
open-pit environment.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8461/236364_3eb824e0e41efae3_003full.jpg
Figure 3:
Visible Gold Occurrences in DQ24-12.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8461/236364_3eb824e0e41efae3_004full.jpg
Drillhole Discussion:
The 2024 drilling continues to validate low-grade bulk-tonnage and high-grade mineralization inside and
external to the conceptual open-pit concept.
DQ24-11
Emperor is encouraged by the intersection of multiple mineralized zones in DQ24-11, highlighting
significant expansion potential. Notably, Drillhole DQ24-11, located within the conceptual open-pit
concept area, revealed a broad interval of 56.1 meters grading 0.5 g/t Au in the hanging wall mafic
volcanics, which host previously identified high-grade gold lenses. This zone exhibited moderate to
strong shearing and pervasive alteration with carbonate and silica, accompanied by 2-5% pyrite
throughout the interval.
Below the conceptual open-pit, Drillhole DQ24-11 intersected a broad zone of interlayered mafic,
ultramafic, and quartz-feldspar porphyries within the footwall of the deposit. This interval included 24.8
meters grading 1.8 g/t Au, hosted in highly altered, mineralized mafic volcanics with 1-3% pyrite
mineralization. The zone exhibits significant shearing and structural weakness, characterized by
mineralized, brecciated mafic volcanic flows, altered and sheared fuchsite-bearing ultramafic rocks, and
intrusions of altered quartz-feldspar porphyries. These features underscore the expansion potential of
this zone and the robust, well-endowed mineralization identified along its 2.8 km strike length to date.
DQ24-12
Drillhole DQ24-12 intersected multiple zones of continuous low-grade, bulk-tonnage gold mineralization.
Most notably, within the conceptual open-pit environment, it encountered 68.3 meters grading 0.6 g/t Au,
including a higher-grade interval of 23.5 meters at 1.2 g/t Au. This mineralization, hosted in altered and
locally brecciated quartz-feldspar porphyries containing 1-3% pyrite, represents incremental bulk-
tonnage gold that will contribute significantly to the upcoming Q1 mineral resource model.
An exciting discovery within the conceptual open-pit environment revealed a 38.3-meter zone grading
4.1 g/t Au, including a high-grade interval of 21.7 meters at 7.2 g/t Au, in an area previously modeled as
lower-grade mineralization. This zone contained visible gold, with an exceptional interval reporting 2.5
meters at 57.8 g/t Au (
see Figure 3
). The presence of visible gold not only validates previously reported
positive metallurgical results (Press Release dated November 19, 2024) but also highlights the potential
to significantly enhance the deposit's grade through closer drill spacing. This improvement is expected to
positively impact the project's overall economics.
These findings are expected to make a significant
contribution
to the upcoming Q1 mineral resource
estimate. A total of 35% of the assays for the 2024 season has been reported
to date.
By focusing on
near-surface drilling for open-pit mining, Emperor aims to economically expand its resource base at
lower grades compared to underground mining by targeting near-surface drilling.
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.
)
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 immense 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:
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)
DQ24-10
1
92.3
94.3
2
0.13
94.3
95.9
1.6
0.53
Wt. Avg.
3.6
0.3
DQ24-10
1
104.1
105.5
1.4
0.49
105.5
106.9
1.4
0.12
Wt. Avg.
2.8
0.3
Hole No.
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ24-11
1
162.1
163.1
1
0.81
163.1
164.45
1.35
0.17
164.45
165.8
1.35
0.48
165.8
168
2.2
0.5
168
170.2
2.2
0.24
170.2
171.2
1
2.25
171.2
172.2
1
0.13
Note
2
172.2
173.2
1
0.005
173.2
174.2
1
0.51
174.2
175.2
1
1.04
175.2
176.2
1
0.27
176.2
177.2
1
0.89
177.2
178.2
1
0.03
178.2
179.2
1
0.03
179.2
180.2
1
0.93
180.2
181.2
1
1.67
181.2
182.2
1
0.39
182.2
183.2
1
1.18
183.2
184.2
1
0.91
184.2
185.2
1
0.68
185.2
186.2
1
0.08
186.2
187.2
1
1.11
187.2
188.2
1
1.17
188.2
189.2
1
0.09
189.2
190.2
1
0.07
190.2
191.2
1
0.05
191.2
192.2
1
0.19
192.2
193.2
1
0.9
193.2
194.2
1
0.26
Note
2
194.2
195.2
1
0.005
Note
2
195.2
196.2
1
0.005
Note
2
196.2
197.2
1
0.005
Note
2
197.2
198.2
1
0.005
Note
2
198.2
199.2
1
0.005
Note
2
199.2
200.2
1
0.005
Note
2
200.2
201.2
1
0.005
201.2
202.2
1
0.1
202.2
203.2
1
0.01
203.2
204.2
1
0.06
Note
2
204.2
205.2
1
0.005
205.2
206.2
1
0.01
206.2
207.2
1
0.005
Note
2
207.2
208.2
1
0.005
208.2
209.2
1
0.01
209.2
210.2
1
0.23
210.2
211.2
1
0.005
211.2
212.2
1
1.05
212.2
213.2
1
4.33
213.2
214.2
1
0.07
214.2
215.2
1
0.04
215.2
216.2
1
0.6
216.2
217.2
1
0.62
217.2
218.2
1
2.14
Wt. Avg.
56.1
0.5
Including (170.2 to188.2 m)
18
0.7
Including (179.2 to188.2 m)
9
0.9
Including (179.2 to188.2 m)
7
1.3
DQ24-11
1
233.2
234.2
1
0.21
234.2
235.2
1
0.28
235.2
236.2
1
0.54
236.2
237.2
1
0.46
Wt. Avg.
4
0.4
DQ24-11
1
349.3
350.3
1
0.75
350.3
351.3
1
0.02
Note
2
351.3
352.3
1
0.005
Note
2
352.3
353.3
1
0.005
353.3
354.3
1
0.06
354.3
355.3
1
0.81
355.3
356.3
1
1.47
356.3
357.3
1
0.73
357.3
358.3
1
0.25
358.3
359.3
1
0.11
359.3
360.3
1
0.03
360.3
361.3
1
0.06
361.3
362.3
1
0.11
362.3
363.3
1
0.06
363.3
364.3
1
0.03
Note
2
364.3
365.3
1
0.005
365.3
366.3
1
0.02
366.3
367.3
1
0.03
367.3
368.3
1
0.23
368.3
369.3
1
0.55
369.3
370.3
1
0.04
370.3
371.3
1
0.06
371.3
372.3
1
0.02
372.3
373.3
1
0.05
373.3
374.3
1
0.15
374.3
375.3
1
0.63
375.3
376.3
1
0.65
376.3
377.3
1
1.37
377.3
378.3
1
0.02
378.3
379.3
1
0.14
379.3
380.3
1
0.41
380.3
381.3
1
0.04
381.3
382.3
1
0.3
382.3
383.3
1
0.28
Wt. Avg.
34
0.3
Including (349.3 to358.3 m)
9
0.5
Including (374.3 to383.3 m)
9
0.4
Including (354.3 to358..3 m)
4
0.8
Including (354.3 to357..3 m)
3
1.0
DQ24-11
1
432.6
433.6
1
0.51
433.6
434.6
1
5.52
434.6
435.6
1
3.71
435.6
436.6
1
0.89
436.6
437.6
1
0.31
437.6
438.6
1
2.21
Wt. Avg.
6
2.2
DQ24-11
1
466.3
467.3
1
0.39
467.3
468.3
1
1.53
468.3
469.3
1
0.33
469.3
470.3
1
0.25
470.3
471.3
1
0.15
471.3
472.3
1
0.1
472.3
473.3
1
0.18
Wt. Avg.
7
0.4
DQ24-11
1
510.5
513
2.5
0.24
513
515.5
2.5
3.23
Wt. Avg.
5
1.7
DQ24-11
1
580.2
581.65
1.45
0.49
Note
2
581.65
583.3
1.65
0.005
583.3
585.2
1.9
0.31
Wt. Avg.
5
0.3
DQ24-11
1
614.5
615.5
1
0.21
615.5
616.5
1
0.2
616.5
617.5
1
0.06
617.5
618.5
1
0.74
618.5
619.7
1.2
0.26
619.7
621.1
1.4
0.17
621.1
622.5
1.4
0.02
622.5
623.5
1
0.005
623.5
624.5
1
0.21
624.5
625.5
1
0.1
Note
2
625.5
626.5
1
0.005
626.5
627.5
1
0.03
627.5
628.5
1
2.41
628.5
629.5
1
26.63
629.5
630.5
1
11.82
630.5
631.5
1
0.02
631.5
632.5
1
0.05
632.5
633.5
1
0.12
633.5
635.3
1.8
0.04
635.3
636.3
1
0.5
636.3
637.3
1
0.62
637.3
638.3
1
0.31
638.3
639.3
1
0.21
Wt. Avg.
24.8
1.8
Including (617.5 to 638.5 m)
20.8
2.1
Including (617.5 to 638.5 m)
10.8
3.9
Including (627.5 to 630.5 m)
3
13.6
DQ24-11
1
729.6
730.6
1
0.54
730.6
731.6
1
0.61
731.6
732.9
1.3
0.15
Wt. Avg.
3.3
0.4
Hole No.
From (m)
To (m)
Interval (m)
Au (g/t Au)
DQ24-12
1
155.5
156.5
1
4.65
156.5
157.5
1
8
157.5
158.6
1.1
1.13
158.6
161.1
2.5
1.34
161.1
163.6
2.5
0.01
163.6
166.1
2.5
0.04
Note
2
166.1
168.3
2.2
0.005
168.3
170.6
2.3
1.97
170.6
173.1
2.5
1.09
173.1
174.55
1.45
0.78
174.55
176
1.45
0.49
176
177
1
0.18
177
178
1
0.49
178
179
1
0.75
179
180
1
0.03
180
181.8
1.8
0.06
Note
2
181.8
183.6
1.8
0.005
183.6
184.6
1
0.1
184.6
185.6
1
0.81
185.6
186.6
1
0.04
186.6
187.6
1
0.11
187.6
188.6
1
0.05
188.6
189.6
1
0.06
189.6
190.6
1
0.09
190.6
191.6
1
0.04
191.6
192.6
1
0.02
192.6
193.6
1
0.02
193.6
194.6
1
1.88
194.6
195.6
1
0.1
195.6
196.6
1
0.18
196.6
197.6
1
0.01
197.6
198.6
1
0.05
198.6
199.6
1
0.03
199.6
200.6
1
0.05
200.6
201.6
1
0.21
201.6
202.6
1
0.52
202.6
203.6
1
0.84
203.6
204.6
1
0.59
204.6
205.6
1
0.43
205.6
206.6
1
0.04
206.6
207.6
1
0.05
207.6
208.6
1
0.07
208.6
209.6
1
0.02
209.6
210.6
1
0.03
210.6
211.6
1
0.02
211.6
212.6
1
0.01
212.6
213.6
1
0.05
213.6
214.6
1
2.13
214.6
215.6
1
0.02
215.6
216.6
1
0.04
216.6
217.6
1
0.005
217.6
218.8
1.2
0.06
218.8
221.3
2.5
0.03
221.3
223.8
2.5
1.23
Wt. Avg.
68.3
0.6
Including (155.5 to 179 m)
23.5
1.2
Including (155.5 to 161.1 m)
5.6
3.1
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
2
266.3
268.8
2.5
0.005
268.8
271.3
2.5
0.01
Note
2
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
286.9
289.4
2.5
57.8
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
4.1
Including (275.4 to 297.1 m)
21.7
7.2
Including (275.4 to 289.4 m)
14
11.1
DQ24-12
1
346.4
347.4
1
0.4
347.4
348.4
1
0.13
348.4
349.4
1
0.06
349.4
350.4
1
0.28
350.4
351.4
1
0.02
351.4
352.6
1.2
1.1
352.6
354.9
2.3
0.13
354.9
355.9
1
0.09
355.9
356.9
1
0.56
356.9
357.9
1
0.23
357.9
360.4
2.5
0.32
360.4
361.9
1.5
0.05
361.9
362.9
1
1.14
362.9
363.9
1
0.32
363.9
364.9
1
1.22
364.9
365.9
1
0.74
Note
2
365.9
366.9
1
0.005
366.9
368.1
1.2
0.29
Wt. Avg.
21.7
0.4
Including (351.4-365.9 m)
14.5
0.5
Including (193.6-365.9 m)
4
0.9
1
Host Structures are interpreted to be steeply dipping and true widths are generally estimated to 90%.
2
Value reported below detection limit of
<0.01.
Value was numerically halved to assign a real number.
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