- Emperor Metals (AUOZ) has begun the first phase of its drilling program at the Duquesne West high-grade gold project
- The project is located in the Duparquet Mining District in Québec in the southern portion of the Abitibi Greenstone Belt in the Superior Province
- The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au
- Emperor Metals Inc. (CSE.AUOZ) stocks opened trading at $0.13 per share
Emperor Metals (AUOZ) has begun the first phase of its drilling program at the Duquesne West high-grade gold project.
The project is located in the Duparquet Mining District in Québec in the southern portion of the Abitibi Greenstone Belt in the Superior Province.
This inaugural 2023 drilling campaign is designed to expand the resource potential of an overlooked deposit. The target selection for the initial drill program focused on both the existing footprint and areas outside of it at varying depths. By exploring these areas, the team aims to add more ounces to the current historical resource and maximize its expansion.
Emperor agreed to acquire a one hundred per cent interest in a mineral claim package comprising 38 claims covering approximately 13.8 sq. km.
The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au.
The company’s CEO John Florek said the fully funded, 7,000 to 10,000 metre drilling campaign on schedule, despite some recent challenging weather.
“Our first hole will intercept several known gold lenses for resource expansion and target previously unexplored areas. The newly developed A.I. Geological Model identified other opportunities where competency contrasts between intrusives and volcanics could provide additional discoveries for gold deposition.”
The Duquesne West Gold Property lies within the historic Duparquet gold mining camp in the southern portion of the Abitibi Greenstone Belt in the Superior Province. The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au.
Emperor Metals (AUOZ) is a Canadian mineral exploration company focused on developing high-quality gold properties situated in the Canadian Shield.
Emperor Metals Inc. (AUOZ) opened trading at $0.13 per share.
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