Emperor Metals Reports 104% Gold Resource Increase at Duquesne West Project

Emperor Metals Inc. has announced a substantial increase in the estimated gold resources at its Duquesne West Gold Project in Quebec, revealing a 104% increase over historical figures through its initial Mineral Resource Estimate. The updated resource now stands at an Inferred Mineral Resource of 26.9 million tonnes grading 1.69 g/t gold, totaling 1.460 million ounces. This development marks a significant milestone for the company, showcasing the project's growing potential and the effectiveness of its exploration strategies in a region known for its mineral wealth.

The resource breakdown indicates that approximately 44% of the material is suitable for open-pit extraction, while 56% is amenable to underground mining methods. High-grade intercepts discovered during exploration, such as 22.7 meters at 35.2 g/t gold, underscore the quality and economic potential of the deposit. These high-grade zones contribute significantly to the project's overall value proposition and mining economics. The company has planned an extensive summer drill campaign of 8,000 to 10,000 meters to further expand the resource base, with clear ambitions to exceed two million ounces by 2025 through continued exploration success.

CEO John Florek highlighted the discovery cost of $7 per ounce as a testament to the company's capital efficiency and strategic exploration approach. This cost efficiency is particularly relevant in the current context of strong gold prices and increasing development costs across the mining industry. The company's achievement in significantly expanding the resource base while maintaining low discovery costs demonstrates effective resource management and exploration targeting. For additional details on the announcement and technical specifics, readers can access the full release at https://ibn.fm/fJp54.

This substantial resource update not only reflects Emperor Metals Inc.'s progress in systematic exploration but also positions the Duquesne West Gold Project as an increasingly important asset within the Canadian Shield's gold mining landscape. The project's location in Quebec, a mining-friendly jurisdiction with established infrastructure, adds to its development potential. The combination of open-pit and underground mining scenarios provides operational flexibility, while the presence of high-grade zones enhances the project's economic attractiveness. The planned drilling program represents the next phase in unlocking additional value from this emerging gold district.