Post by
AlexHorsley on Mar 23, 2023 5:39pm
Do you want exposure to gold ? Duhh, have a look.
Emperor Metals - AUOZ.CSE is an intriguing oppportunity. Its part of the Metals Group of companies that has a great reputation. Emperor Metals has rougly 48 M shares issued and oustanding and are fully funded to start drilling 10,000 metres into their new Flagship project Duquesne West Gold Project. It has a 2011 NI 43-101 Historical Resource of 727,000 Oz of AU at 5.42 g/t and an average thickness of 5.71 metres, this is high-grade and good thick stopes that can make the economics robust and quick pay backs. It is only trading at a $7M CAD market cap. The deposithas great exploration growth potential comparing this project to other anologes of deposits along this prolfific Porcupline Destor Fault with 200 m oz Au discovered whichthis project lies on. With what gold is doing and what this group has done in the past with multiple exits above $500 M CAD, this has all the ingredients to be a winner. Managment , structure, advancing high-grade gold deposit with good stope optmization with bluesky potential in a tier 1 mining jurisdiciton of Rouyn-Noranda, Quebec. I am obviously very biased as I am shareholder and Director but anyone who knows anything about exploration/development mining that reads all my points will understand this definetly worth looking into . www.emperormetals.com - AUOZ.CSE