Emperor Confirms 107.7 Meters of 0.5 Grams/Tonne Gold Intercept at Duquesne West, in an Expanding System

Executive Summary

• Emperor Metals released initial assay results from its 2025‑2026 drilling program, highlighting a 107.7 m interval grading 0.5 g/t Au (hole DQ25‑01) and additional lower‑grade zones up to 42.8 m at 0.23–0.30 g/t Au.
• The data represent only ~7 % of new drilling assays, indicating substantial remaining upside as the program progresses toward a target multi‑million‑ounce resource.
• Company’s inferred resource (July 2025) stands at 26.9 Mt containing 1.46 Moz Au at 1.69 g/t; recent results suggest potential to significantly expand both tonnage and ounces.

Key Details

• Program Scope: 15,000 m of new drilling + 8,000 m historical core resampling = 23,000 m total for the 2025‑2026 season.
• Assay Coverage: ~7 % of new drill assays and ~4 % of total anticipated assays have been received to date.
• Hole DQ25‑01 (Full Results):
• Total intersect: 107.7 m @ 0.5 g/t Au.
• Included higher‑grade sub‑intervals:
  • 6.8 m @ 1.7 g/t Au (155.1–161.9 m)
  • 9.1 m @ 1.1 g/t Au (242.2–251.3 m)
  • 6.0 m @ 2.0 g/t Au (256.8–262.8 m)
• Hole DQ25‑01 – Additional Intercepts:
• 5.0 m @ 1.4 g/t Au (296.0–301.0 m)
• 41.3 m @ 0.3 g/t Au (326.9–368.2 m) with a 6.9 m sub‑interval @ 1.2 g/t Au (360.2–367.2 m)
• 15.3 m @ 0.3 g/t Au (389.2–404.5 m)
• Hole DQ25‑02 (Partial Results):
• 42.8 m @ 0.23 g/t Au (240–282.8 m).
• Notable sub‑intervals: 4.3 m @ 0.7 g/t Au (276.5–280.8 m), 2.0 m @ 1.1 g/t Au (315.6–317.6 m), 7.0 m @ 0.6 g/t Au (377.8–384.8 m).
• Historical High‑Grade Reference: Prior press release (Feb 25 2025) disclosed a 21.7 m interval grading 35.2 g/t Au within the same project area.
• Resource Context: Inferred resource of 26.9 Mt @ 1.69 g/t Au (1.46 Moz) announced July 2025; sensitivity tables indicate upside under higher‑grade open‑pit or underground scenarios.
• Strategic Objectives for 2026 Campaign:
• Expand low‑grade bulk‑tonnage zones surrounding known high‑grade lenses.
• Increase thickness of existing high‑grade lenses by incorporating marginal lower‑grade material.
• Extend lateral footprint along strike and dip; explore eastward expansions.
• QA/QC Procedures: Conducted by Technominex with standards, blanks, duplicates (~1 QA/QC per 7 samples). Core split, shipped to SGS Sudbury (pre‑prep) and SGS Burnaby (analysis). Fire assay, ICP‑AES detection limits 0.01–100 ppm.
• Geological Setting: Mineralization hosted in quartz‑feldspar porphyry intrusion margins with disseminated pyrite; structurally controlled by sheared mafic volcanic rocks. True widths estimated at ~90 % of reported intervals.

Notable Quotes

“We’re seeing strong evidence that this is a robust and growing gold system, with broad intercepts and multiple styles of mineralization… Our 2025 maiden Mineral Resource Estimate has doubled the size of the deposit, underscoring its rapid growth trajectory.” – John Florek, President & CEO

All technical information reviewed and approved by John Labrecque, B.Sc., P.Geol., OQLF (Qualified Person).