Emperor Metals Expands Gold Mineralization in 2024 Drilling Program

Emperor Metals Inc. has reported additional results from its 2024 drilling program, which included 8,166 meters of drilling across 19 new drill holes and approximately 8,000 meters of historical core assaying. To date, 88% of the new drilling assays have been reported, but only 52% of the total assays for the 2024 season have been completed. Final results are expected by mid-February.
"It's clear that we continue to observe widespread gold mineralization both within and outside the current open-pit concept. This highlights the significant exploration potential to add valuable ounces to the project, supporting the upcoming 2025 Mineral Resource Estimate (MRE) expected in Q1 or early Q2," said CEO John Florek. "The 2024 program has demonstrated a clear opportunity to expand the footprint of the conceptual open-pit model, and once all results are in, this will guide our strategy for the 2025 season."
Highlights:
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DQ24-15 intersects 14.2 meters (m) of 1.2 g/t Au and 20.4 m of 0.6 g/t Au, expanding mineralization both within and below the conceptual open-pit model.
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DQ24-12 intersects 16.3 m of 0.8 g/t Au within an area of infill drilling and extends mineralization 80m eastward along strike and below Emperor’s conceptual open-pit model.
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DQ24-13 intersects 8.1 m of 1.0 g/t Au and 30.5 m of 0.5 g/t, expanding mineralization up-dip in two separate zones within the conceptual open-pit model.
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DQ24-16 intersects 7.1 m of 1.3 g/t Au, providing infill drilling and extending mineralization eastward along strike and within the conceptual open-pit model.
Full results for DQ24-13 through DQ24-16, as well as the remaining results for DQ24-12, have been released by SGS Laboratories. Ongoing exploration efforts continue to demonstrate significant potential for resource expansion both within and along strike of the conceptual open pit. This includes the discovery of previously unrecognized low-grade bulk tonnage zones, as well as high-grade gold lenses containing visible gold.
These findings are expected to make a significant contribution to the upcoming Q1 mineral resource estimate. By focusing on near-surface drilling for open-pit mining, Emperor aims to economically expand its resource base by including lower grades in the conceptual open-pit environment compared to higher grades in an underground mining scenario. Deposits in the region with currently active open pits have been economic at grades as low as 0.30 g/t Au.
Emperor is targeting a multi-million-ounce resource, utilizing a combination of conceptual open-pit and underground mining scenarios. The property currently hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 g/t Au. The company remains committed to delivering an updated Mineral Resource Estimate in Q1 of 2025.
By Kevin Vincent, Senior Contributing Editor to Mining Life Online and Mining Life & Exploration News.
Tags: Quebec / Exploration / Gold / All Articles