Emperor Metals Returns 15.0 Meters of 61.5 g/t Gold Including 2.4 Meters of 369.6 g/t Gold

Executive Summary

• Emperor Metals reports significant high-grade gold intercepts from its 2026 exploration campaign at the Duquesne West Project, most notably 15.0 m grading 61.5 g/t Au in drill hole DQ26-20.
• The campaign has integrated over 15,000 meters of new drilling and 8,000 meters of historical core resampling, adding approximately 23,000 meters of data to refine and expand the geological model.
• Results demonstrate strong continuity and potential for both high-grade open-pit and underground mining scenarios, with ongoing work expected to enhance project economics and resource growth.

Key Details

• Hole DQ26-20: 15.0 m grading 61.5 g/t Au (402.7 to 417.7 m), situated within a broader lower-grade halo of 35.8 m grading 26.0 g/t Au.
• Hole DQ26-36: 1.5 m grading 7.9 g/t Au and 28.0 m grading 0.5 g/t Au, highlighting potential for bulk-tonnage material and improved stripping ratios.
• Drilling Progress: ~15,700 meters completed to date, with ~7,829 meters of assays reported (~50% of current program, ~33% of total expected for the 2025-2026 season). Work remains below budget.
• Current Resource: Inferred mineral resource estimate (July 9, 2025) of 26.9 Mt at 1.69 g/t Au for 1.46 Moz Au.
• Exploration Focus: Expanding deposit footprint eastward within conceptual Phase 1 open pit area and targeting poorly drilled structural controls at depth.
• QA/QC & Labs: Assays processed by SGS (Burnaby) and MSALabs (Val-d'Or) using fire assay, ICP-AES, and Chrysos PhotonAssay. QA/QC protocols include ~1 certified reference material, blank, or duplicate per 7 samples.
• AI/ML Integration: Geological model reinterpretation utilizes AI and machine learning to identify previously unrecognized gold trends and expansion potential along significant structural zones.
• Property Status: Emperor holds a 100% interest via option agreement in 38 claims (~1,389 ha) in Duparquet Township, Quebec, from Duparquet Assets Ltd. (subsidiary of Globex Mining Enterprises Inc.).

Notable Quotes

• CEO John Florek: "The occurrence of visible gold, an aspect we believe remains among the least understood yet potentially most significant component of the evolving Duquesne West story, is underscored by the intercept of 15.0 meters grading 61.5 g/t Au... with the potential to deliver substantial upside to project economics in both open-pit and underground mining scenarios."
• CEO John Florek: "Previously reported intercepts this year of 35.0 meters grading 3.1 g/t Au and 107.7 meters grading 0.5 g/t Au further demonstrate the potential for significant bulk-tonnage mineralization. Such mineralization could contribute to lower stripping ratios, improved mining flexibility, and enhanced overall project economics."
• CEO John Florek: "Importantly, these results represent only the beginning of our current exploration campaign, with considerable opportunity remaining to further expand and strengthen the deposit."