Frankfurt and Berlin Exchanges : EML EMERGENT METALS CORP. INTERSECTS 19.96 G/T GOLD AND 5.13 G/T SILVER OVER 1.1 METERS AT ITS TRECESSON PROPERTY, QUEBEC
EMERGENT METALS CORP.
Suite 1010 – 789 West Pender Street
Vancouver, B.C. V6C 1H2
www.emergentmetals.com
April 17, 2023 TSX Venture Exchange : EMR
OTCQB : EGMCF
Frankfurt and Berlin Exchanges : EML
EMERGENT METALS CORP.
INTERSECTS 19.96 G/T GOLD AND 5.13 G/T SILVER OVER 1.1
METERS AT ITS TRECESSON PROPERTY, QUEBEC
Vancouver, British Columbia, April 17, 2023 – E mergent Metals Corp. (TSXV:EMR, OTC:EGMCF,
FRA:EML, BSE:EML) (“Emergent” or the “ Company”) is pleased to provide results from the Phase 1 drill
program (the “Program”) at its Trecesson Property, Quebec (“Trecesson” or the “Property”). Trecesson is a 2,360-
ha property located 13 km west of the town of Amos, in the Abitibi Region of Quebec. The Program consisted of 17
NQ size core holes totaling 2,349 m of drilling, focused on testing the Cossette North and South vein systems. The
most significant intercept was found in hole TR-23-03 where grades averaged 19.96 g/t Au and 5.13 g/t Ag over 1.1
m in length . This value corresponds to one of the intersections w here visible gold was logged by geologists , as
announced by the Company in a January 31, 2023 press release.
About t he Phase 1 Drill Program
The Phase 1 drill program was designed to extend and deepen the North and South Cossette vein targets. Seventeen
NQ size drill holes were completed for a total of 2,349 m of drilling. Drilling was completed by Diafor Inc. and
project management, permitting, core logging, and sampling was completed by Mercator Geologic al Services.
Drill hole locations are shown in Figure 1. Drill hole information is shown in Table 1. Table 2 shows significant
intercepts from all the drill holes, with gold grades greater than or equal to 0.5 g/t Au. Significant intersections greater
than or equal to 1.0 g/t Au include:
• 19.96 g/t Au and 5.13 g/t g over 1.1 m from 59.6 -60.7 m down the hole in TR-23-03 (including visible gold
at 59.72 m);
Including 24.7 g/t Au and 9.5 g/t Ag over 0.4 m from 59.6-60.0 m down the hole
Including 29.9 g/t Au and 4.6 g/t Ag over 0.4 m from 60.3-60.7 m down the hole
• 3.45 g/t Au over 0.4 m from 70.6-71.0 m down the hole in TR-23-04 (including visible gold at 70.87 m);
• 2.94 g/t Au over 1.0 m from 127.9-128.9 m down the hole in TR-23-07;
• 2.31 g/t Au over 0.55 m from 13.65-14.2 m down the hole in TR-23-10;
• 1.04 g/t Au over 1.5 m from 112.4-113.9 m down the hole in TR-23-13
Including 5.09 g/t Au over 0.6 m from 112.4-13.0 m down the hole
Including 3.1 g/t Au over 0.4 m from 113.5-113.9 m down the hole
• 1.69 g/t Au over 0.4 m from 108.6-109.0 m down the hole in TR-23-14.
David Watkinson, President and CEO of Emergent stated, “Our program confirmed the potential for high grade gold
mineralization (greater than or equal to 10 g/t Au) on the Trecesson Property and further enhanced our knowledge of
the Cossette vein systems. Our next steps are to update our geologic model of historical and new drilling at Trecesson,
complete a prospectivity targeting exercise to highlight potential exploration targets on the claim block, and we then
plan to design and permit a Phase 2 drilling program.”
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Figure 1
Drill Hole Locations
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Table 1
Drill Hole Information
Hole
Number
Vein
System
Northing* Easting* Elevation
(m)
Azimuth
(degrees)
Inclination
(degrees)
Length
(m)
TR-23-01 Cossette South 5391584 704728 313 270 -45 192
TR-23-02 Cossette South 5391512 704648 315 290 -45 99
TR-23-03 Cossette South 5391400 704599 320 290 -45 75
TR-23-04 Cossette South 5391400 704599 320 290 -60 87
TR-23-05 Cossette South 5391448 704621 319 290 -45 96
TR-23-06 Cossette South 5391431 704653 331 290 -45 120
TR-23-07 Cossette South 5391488 704692 314 290 -45 156
TR-23-08 Cossette North 5391834 704526 315 270 -45 183
TR-23-09 Cossette North 5391834 707526 315 270 -60 213
TR-23-10 Cossette North 5392189 704328 316 238 -45 87
TR-23-11 Cossette North 5392129 704374 323 270 -45 84
TR-23-12 Cossette North 5392130 704370 316 315 -55 111
TR-23-13 Cossette North 5392222 704372 317 238 -50 123
TR-23-14 Cossette North 5392185 704411 321 238 -45 126
TR-23-15 Cossette North 5392146 704458 318 238 -45 156
TR-23-16 Cossette North 5392145 704455 328 270 -45 216
TR-23-17 Cossette North 5392163 704507 313 238 -45 225
*NAD83/UTM Zone 17N
Table 2
Significant Drill Intercepts (greater than or equal to 0.5 g/t Au)
Hole
Number
From
(m)
To
(m)
Length
(m)*
Au
(Au-
AA23)
(g/t)
Au
(Au-
GRA21)
(g/t)
Au
(Au-
SCR)
(g/t)
Ag
(ME-
ICP61)
(g/t)
Cu
ME-
ICP61)
(ppm)
Pb
ME-
ICP61)
(ppm)
Zn
ME-
(ICP-61)
(ppm)
TR-23-01 176.2 176.7 0.5 0.623 - - 1.9 2,460 42 123
TR-23-02 No Significant Intercepts
TR-23-03 59.6 60.0 0.4 - - 24.7 9.5 2,290 11,550 1,710
And 60.0 60.3 0.3 0.869 - 0.395 0.025 6 13 25
And 60.3 60.7 0.4 - 27.6 29.9 4.6 109 5,290 81
TR-23-04 70.6 71.0 0.4 - - 3.45 1.2 158 72 33
TR-23-05 No Significant Intercepts
TR-23-06 105.6 106.1 0.5 0.66 - - 0.025 25 2 22
TR-23-07 127.9 128.9 1.0 2.94 - - 0.8 48 1,580 5,750
TR-23-08 48.7 49.7 1.0 0.514 - - 0.025 3 6 49
TR-23-09 No Significant Intercepts
TR-23-10 13.65 14.2 0.55 2.31 - - 0.5 19 11 26
TR-23-11 No Significant Intercepts
TR-23-12 No Significant Intercepts
TR-23-13 112.4 113.0 0.6 5.09 - - 0.025 113 10 16
And 113.0 113.5 0.5 0.042 - - 0.025 3 1 44
And 113.5 113.9 0.4 3.1 - - 1.1 70 3 24
TR-23-14 108.6 109.0 0.4 1.69 - - 0.6 7 5 58
TR-23-15 No Significant Intercepts
TR-23-16 No Significant Intercepts
TR-23-17 No Significant Intercepts
*Note: Downhole core sample lengths are specified. True widths of the mineralized intercepts range between 60 and
90% of these lengths.
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About the Trecesson Property
Trecesson is located in the Abitibi Volcanic Belt, composed of a complex assemblage of interbedded volcanic and
sedimentary rocks, intruded by a variety of ultramafic to felsic intrusives. The rocks are Archean in age and have
been metamorphosed to the greenschist facies. Numerous Late Precambrian diabase dykes cut the rocks of the
belt. The rock units generally strike east-west, have near vertical dips and are highly faulted and folded. Geological
interpretation of the Abitibi Belt is complicated by the wide scattering of outcrop exposures in most areas and the
complex underlying structural relationships.
The Property covers much of the Trecesson batholith, which is mainly made up of biotite -bearing granite with a
monzonitic phase. The intermediate to felsic volcanics of the Lac Arthur formation are situated to the north and west
of the Trecesson intrusive. The latter is bordered to the south by the Amos pluton, which is dioritic in
composition. Finally, the southeast part of the Trecesson batholith is cut in a NE-SW direction by a diabase dyke. All
the rocks of the area are metamorphosed to the greenschist facies, while the Trecesson batholith is almost
undeformed. The monzonitic center is poor in quartz and is cut by many aplitic dykes and quartz -carbonates veins,
some of which are gold-bearing.
Mineralization consists of quartz -vein hosted gold mineralization associated with brittle -ductile shear zones. Two
main areas of mineralization have been identified to date including the North and South Cossette Veins. The North
Cossette Vein has been traced over a strike length of approximately 315 m and the South Cossette Vein has been
traced over a strike length of approximately 340 m to date (see Figure 1 below). The two veins are separated by
approximately 350 m and additional exploration is required to determine if there is continuity between the two.
Generally, the Cossette Veins are made up of milky quartz, with a thickness varying from 0.3 to 2.0 m. The veins
are associated with a chlorite-rich shear zone up to 6.0 m in width with disseminated pyrite. Vein orientation varies
from 330º in the northern area to between 360º and 020º in the southern area. Dip varies from 75º to 80º to the east-
northeast.
Comparison with Historical Drill Results at Trecesson
Historical exploration on the Property dates back to 1925. Recent exploration was done by Knick Exploration Inc.
(“Knick”) including two drill programs, one in 2011 and one in 2017. The first drilling program consisted of 121
drill holes totaling 3,473.9 m and the second program consisted of 33 drill holes totaling 3,220.6 m (total 154 holes
and 6,694.5 m). This equated to an average hole length of 43.4 m per hole, which is indicative of relatively shallow
drilling.
Historical selected significant intercepts (≥10 g/t and >1.0 m downhole length) drilled by Knick include:
• 10.55 g/t Au over 1.20 m from a depth of 8.80 m to 10.0 m in hole TR-11-19
• 33.10 g/t over 1.50 m from a depth of 23.00 m to 24.50 m in hole TR-11-61
• 13.65 g/t Au over 1.45 m from a depth of 6.80 m to 8.25 m in hole TR-11-78
• 20.50 g/t Au over 1.10 m from a depth of 17.60 m to 18.70 m in hole TR -11-111
Knick’s samples were sent to Laboratoire Expert Inc. (Expert Laboratory Inc.) in Rouyn -Noranda, Quebec for fire
assay and metallic sieve analyses. QC/QC measures in Knick’s drilling program included blanks and
standards. Emergent considers these results to be historical and it has not yet completed sufficient work to
independently verify these historical results. Additional information on the property can be found in the NI 43- 101
Technical Report Pertaining to the Trecesson Property, Abitibi Area, Amos Region, Quebec by Donald Théberge,
P.Eng., M.B.A. Dated January 20, 2012, Updated March 25, 2013, and found under Knick’s corporate filings
at www.sedar.com. Emergent is also treating this report as historical information and has not verified its contents.
The Phase 1 drill program and historic al drilling at Trecesson indicates there is potential for high grade gold
mineralization (≥10 g/t Au).
Technical Information
Drill program field supervision, logging and sampling activities were carried out under supervision of Professional
Geologists registered in the Province of Quebec and employed by Mercator Geological Services Limited of
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Dartmouth, Nova Scotia, Canada. Logging, sampling, and assaying procedures were completed by Mercator personnel
as per Emergent’s QA/QC protocols and full chain of custody was maintained from the drill site to the core shack,
and subsequently from the core shack to ALS facilities.
Drill core was descriptively logged on site, aligned, marked for sampling, and shipped to a core logging facility in Val
d’Or to be split in half longitudinally using a diamond saw blade. Samples consisted of one-half of the NQ-size (47.6
mm diameter) diamond drill core and were predominantly collected using nominal 1.0 and 1.5 m core lengths, except
where specific geologic parameters required a smaller interval to be sampled. The remaining one-half of the core was
preserved in core boxes for future reference and stored at the Company’s secure core logging facility located in Val
d'Or, QC.
As part of Emergent’s QA/QC protocols, samples comprising the other half of the core were bagged, tagged, sealed ,
and shipped to ALS Canada Ltd. (“ALS”) in Val d’Or, Quebec. Sample preparations were completed at the ALS Val
d’Or facility, while analytical determinations were completed at the ALS laboratory facility in North Vancouver, BC.
The QA/QC program applied to the 2023 Phase 1 drill core samples included syst ematic insertion and analyses of
Certified Reference Materials, blank samples, and core duplicates and was under the supervision of Mercator
geologists. Two certified standards (OREAS 234 and OREAS 239b), as prepackaged packets, were alternately inserted
every 30 samples. Blanks and core duplicates were also inserted into the sample stream, alternately inserted every 20
samples or after suspected high grade samples. Gold content was determined by 30 g fire assay analysis with an atomic
absorption spectroscopy (AAS) finish (ALS code AU -AA23). If gold content was ≥ 10 ppm another 30 g sample
weight of the pulp was analyzed again with fire assay, but with a gravimetric finish (ALS code Au- GRA21).
All sample analysis was performed by ALS , an independent commercial analytical firm with operations throughout
the world and is ISO 9001:2015 and ISO/IEC 17025:2017 certified. Sample preparation included crushing each sample
to ≥70% passing <2 mm, and a 250 g Riffle split being pulverized to 85% passing 75 µm. Multi-element geochemistry
was determined by four acid digestion with induced coupling plasma atomic emission spectroscopy (ICP-AES) (ALS
code ME-ICP61). For higher grade samples or samples with visible gold, (re)assaying was performed by 1 kg screen
fire assay, screened to 106 µm, where gold is reported as a calculated total using the entire under- and oversize fraction
(ALS code AU_SCR21). Full assay certificates (including internal laboratory QA/QC samples) and descriptions of
analytical and preparation procedures were obtained.
Qualified Person
All scientific and technical information disclosed in this new release was reviewed and approved by Kevin- Dane
MacRae, P.Geo., of Mercator, a professional geologist registered with L’Ordre des géologues du Québec and a
Qualified Person as defined under NI 43-101.
About Emergent
Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The Company’s strategy is
to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint
ventures, option, royalty, and other transactions to create value for our shareholders (acquisition and divestiture (A&D)
business model).
In Nevada, Emergent’s Golden Arrow Property, the core asset of the Company, is an advanced stage gold and silver
property with a well-defined measured and indicated resource. New York Canyon is a base metal property subject to
an Earn -in with Option to Joint Venture Agreement with Kennecott Exploration, a subsidiary of Rio Tinto Plc
(LSE:RIO). The Mindora Property is a gold, silver, and base metal property located twelve miles from New York
Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of the
adjacent Rawhide Mine.
In Quebec, the Casa South Property, is an early- stage gold property adjacent to Hecla Mining Corporation’s
(NYSE:HL) operating Casa Berardi Mine. The Trecesson Property is located about 50 km north of the Val d’Or
mining camp. Emergent has a 1% NSR in the Troilus North Property, part of the Troilus Mine Property being explored
by Troilus Gold Corporation ( TSX:TLG). Emergent also has a 1% NSR in t he East-West Property, owned by O 3
Mining Corporation (TSX:OIII) and adjacent to their Marban Property.
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Note that the location of Emergent ’s properties adjacent to producing or past producing mines does not guarantee
exploration success at Emergent’s properties or that mineral resources or reserves will be delineated.
For more information on the Company, investors should review the Company’s website
at www.emergentmetals.com or view the Company’s filings available at www.sedar.com.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute “forward looking information” and “forward looking
statements” within the meaning of applicable Canadian and United States securities legislation. These statements and informat ion
are based on facts currently available to the Company and there is no assurance that actual results will meet management’s
expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”,
“estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward-looking statements and information contained herein
are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the
realization of resource and reserve estimates, metal prices, taxation, the estimation, t iming and amount of future exploration and
development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title
disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward -looking
statements and information are not guarantees of future performance and readers should not place undue importance on such
statements as actual events and results may differ materially from those described herein. The Company does not undertake to
update any forward-looking statements or information except as may be required by applicable securities laws. The Company's
Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including
any technical reports filed with respect to the Company's mineral properties.