Northwire Canada EditionTuesday, September 15, 2026
Northwire
GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8%
Resource Estimate

Emperor clarifies historical figures in Oct. 30 NR

AUOZ · Price

Executive Summary

  • Emperor Metals Inc. issued a clarification and correction to its news release dated October 30, 2025, regarding the Duquesne West gold project.
  • The company corrected an inadvertent reference to historical underground resource data, replacing it with the correct updated combined open-pit and underground inferred mineral resource estimate.
  • The correction also adjusted the stated percentage increase in the resource from "104-per-cent" to "over 100 per cent."

Key Details

  • Corrected Resource Estimate: The release now correctly references the updated combined open-pit and underground inferred mineral resource estimate of 1.46 million ounces of gold at an average grade of 1.69 g/t Au.
  • Previous Error: The October 30, 2025 release inadvertently cited the historical average grade of 5.42 grams per tonne gold corresponding to a historical underground resource estimate of 727,000 ounces of gold.
  • Source of Correct Data: The correct figures align with those reported by Emperor Metals on July 9, 2025.
  • Percentage Increase Correction: The previously stated "104-per-cent increase" in the resource from the historical estimate to the updated estimate has been corrected to read as an increase of over 100 per cent.
  • Project Location: The Duquesne West gold project is located in the Tier 1 jurisdiction of Rouyn-Noranda, Quebec.

Notable Quotes

  • "Emperor apologizes for any confusion this may have caused, and appreciates the understanding of its shareholders and stakeholders."
Read the original news release →

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