Drill Results
Emperor Metals Mobilizes Drill Rig to Advance Duquesne West Exploration
AUOZ · Price
Executive Summary
- Emperor Metals announces the resumption of a 2025 drilling campaign at Duquesne West following an $11.1 M financing round.
- The company’s Maiden Mineral Resource Estimate (MMRE) reports an inferred resource of 27.3 Mt grading 1.69 g/t Au (~1.46 Moz), with 44 % amenable to open‑pit and 56 % to underground mining.
- Planned 2025 work includes 8,000 m of historical core sampling plus 10,000–15,000 m of diamond drilling aimed at expanding the open‑pit footprint, increasing high‑grade lens thickness, and discovering new zones.
Key Details
- Financing: Completed $11.1 M financing (details not disclosed) to fund exploration and development at Duquesne West and Lac Pelletier deposits.
- Resource Overview (MMRE – July 2 2025):
- Inferred resource: 27.3 Mt @ 1.69 g/t Au → 1.460 Moz Au.
- Open‑pit amenable portion: ~44 % of total ounces.
- Underground amenable portion: ~56 % of total ounces.
- 2025 Drilling Plan:
- Historical Core Sampling: 8,000 m to assay unsampled lower‑grade zones and add near‑surface open‑pit ounces.
- Diamond Drilling: 10,000–15,000 m commencing Nov 2025 targeting step‑out zones, resource expansion, and validation of historic high‑grade intercepts.
- Strategic Objectives (2025):
1. Expand open‑pit footprint by locating additional high‑grade lenses within host rock.
2. Increase thickness of existing high‑grade lenses through margin sampling.
3. Extend lateral mineralized zones along strike and dip.
4. Discover new zones eastward of the current model.
5. Validate historic high‑grade zones to upgrade inferred material to measured/indicated status. - Historical Drill Intercepts (selected):
| Hole | From (m) | To (m) | Interval (m) | Au (g/t) |
|---|---|---|---|---|
| DQ24‑12 | 275.4 | 297.1 | 21.7 | 35.20 |
| DQ23‑05 | 556 | 566.8 | 10.8 | 15.85 |
| DQ24‑05 | 436.6 | 439.1 | 2.5 | 10.27 |
| DQ24‑18 | 65.8 | 69.3 | 2.5 | 8.62 |
| DQ23‑02 | 909.35 | 913 | 3.65 | 6.25 |
| … (additional holes listed in release) |
- Key Historical Intercepts for Follow‑up (selected):
| Hole | From (m) | To (m) | Interval (m) | Au (g/t) | Original Operator |
|---|---|---|---|---|---|
| DQ95‑21 | 369.5 | 385.5 | 16.0 | 20.90 | Santa Fe Canadian Mining Ltd (1995) |
| DQ06‑03 | 620 | 640.5 | 20.5 | 3.90 | Diadem Resources Ltd (2006) |
| DQ96‑65 | 501.21 | 503 | 1.79 | 48.22 | Santa Fe Canadian Mining Ltd (1996) |
| … (additional historic holes listed) |
- AI‑Driven Geological Model: New AI/ML reinterpretation highlights previously unrecognized gold trends and structural zones, supporting the potential for additional discovery.
- Qualified Person Review: Technical content reviewed and approved by John Florek, M.Sc., P.Geol., QP (CIM).
Notable Quotes
“We’re excited to resume drilling following the successful closing of our $11.1 million financing… This positions us for substantial upside potential in both resource expansion and contained gold ounces.” – John Florek, President, CEO & Director
All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.
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Jun 30, 2026 · 08:01