Friday, July 19, 2024

QualityStocksNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Enhancing Asset Portfolio with Fully Funded Phase II Drilling Program

 Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is an advanced-stage gold exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The company announced an ambitious 8,000-meter drill program and 8,000-meter of historical core assaying at its Duquesne West Gold Project. This extensive drilling program is designed to expand the current resource base and explore new zones of mineralization within the project area. This strategic move not only aims to enhance Emperor’s asset portfolio but also demonstrates the company’s proactive approach to resource development. In 2023, Emperor Metals conducted a successful drilling campaign at Duquesne West, achieving high-grade intercepts and identifying potential for a conceptual open-pit mining scenario. This approach could significantly improve the project’s economics by reducing stripping ratios and increasing recoverable ounces. Emperor Metals plans to continue this momentum with a fully funded Phase II drilling program,” a recent article reads. “This gives Emperor the ability to add ounces more rapidly on this project due to the capability of adding potentially open pitable mineralization above the high-grade historical resource. Emperor is well funded with approximately $4 million in working capital and will advance the Duquesne West project towards an updated mineral resource,” Emperor Metals CEO John Florek is quoted as saying.

To view the full article, visit https://ibn.fm/VyIDP

About Emperor Metals Inc.

Emperor Metals is an innovative Canadian mineral exploration company focused on developing high-quality gold properties situated in the Canadian Shield. For more information, please refer to SEDAR (www.SEDAR.com), under the company’s profile.

NOTE TO INVESTORS: The latest news and updates relating to EMAUF are available in the company’s newsroom at https://ibn.fm/EMAUF

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