202616 releases
Emperor Resumes Fully Funded Drilling Program at Duquesne West
Emperor Metals (CSE: AUOZ) said it has resumed diamond drilling at its Duquesne West Gold Project in Quebec's Southern Abitibi Greenstone Belt after a planned pause used to incorporate new assay results into an updated AI-assisted three-dimensional geological model. The company said it remains fully funded and expects to provide additional assay results and exploration updates as drilling progresses.
Drill resultsEmperor Reports Additional Drill Results and Continues to Strengthen Conceptual Phase 1 Open-Pit
Final assay results from seven additional drillholes at the Duquesne West Project in Quebec include DQ26-51 with 26.3 m grading 1.0 g/t Au from about 40 m vertical depth, including 2.0 m at 4.3 g/t Au, and DQ26-22 with 19.2 m at 1.2 g/t Au, including 6.3 m at 2.8 g/t Au. Results have been reported for 51 of 66 holes, with 15 pending. An additional 3,000–5,000 m of fully funded diamond drilling is planned, alongside selective overburden stripping and grade-control drilling within a conceptual Phase 1 open pit to support a possible updated resource estimate and PEA.
Drill resultsEmperor Expanding High-Grade Zone Potential
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Drill resultsEmperor Metals Continues Success with 32.0 Metres of 5.9 g/t Gold at Duquesne West, Quebec
Drilling at the Duquesne West Project near Rouyn-Noranda, Quebec returned 32.0 m grading 5.9 g/t Au at 335 m vertical depth in hole DQ26-37, including 2.6 m of 22.4 g/t Au, plus 22.0 m of 0.7 g/t Au in DQ26-46 and 14.7 m of 0.5 g/t Au in DQ26-47. Assays have been received for 44 of 66 holes (13,943 m), about 68% of new 2026 drilling and roughly 50% of total expected assays. The 2026 campaign totalled 66 holes for 20,479 m, with drilling to resume in late October ahead of an updated NI 43-101 resource estimate and a Preliminary Economic Assessment.
Drill resultsEmperor Continues to Define Shallow High-Grade Gold Mineralization Supporting Conceptual Open-Pit Growth
Drilling at the Duquesne West Project near Rouyn-Noranda, Quebec returned 24.1 m grading 2.6 g/t Au in hole DQ26-52, including 7.1 m of 7.5 g/t Au from 45.2 m at 35 m vertical depth, and 14.3 m grading 2.2 g/t Au in DQ26-53, including 4.0 m of 7.4 g/t Au from 50 m. Assays have now been received for 42 of 66 holes, or 61% of the 20,479 m drilled in 2026. The project hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz, with a PEA planned.
Drill resultsEmperor Metals Delivers Another Strong High-Grade Gold Intercept at Duquesne West: 20.1 m of 5.0 g/t Au
Drilling at the Duquesne West Project in Quebec returned 20.1 m grading 5.0 g/t Au from 436 m (375 m vertical depth) and 12.4 m at 1.6 g/t Au in hole DQ26-46, plus 3.0 m at 2.7 g/t Au from previously unsampled historical core. Assays have been received for 38 of 66 holes, about 12,128 m or 59% of the 20,479 m drilled in the completed 2026 program. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold.
Drill resultsEmperor Metals Expands Near-Surface Gold with 21.3 m of 3.0 g/t Au at Duquesne West, Quebec
Drilling at the Duquesne West Project near Rouyn-Noranda, Quebec returned 21.3 m grading 3.0 g/t Au from 64.9 m (about 45 m vertical depth), along with 27.9 m at 0.5 g/t Au, 14.8 m at 0.9 g/t Au and 7.0 m at 2.1 g/t Au. Results cover 31 of 66 holes drilled, roughly 36% of total assays expected from the 2025–2026 program, which is now complete at 20,479 m. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold, and Emperor is targeting a PEA.
Drill resultsEmperor Metals Commences Updated NI 43-101 Technical Report for the Lac Pelletier Gold Project, Quebec
Work has begun on an updated NI 43-101 technical report for the Lac Pelletier Gold Project, about 4 kilometers southwest of Rouyn-Noranda, Quebec, with completion expected in the coming months. The report will integrate historical drilling, geological modelling, underground development, metallurgical, geotechnical and hydrogeological data. Emperor Metals intends to then commence a Pre-Feasibility Study. The project has roughly 3.3 kilometers of underground development, more than 100,000 meters of historical drilling, and a permit allowing underground production of up to 1,000 tonnes per day.
NewsEmperor Advances Lac Pelletier Toward Production with Submission of Updated Remediation Plan
An updated Remediation and Closure Plan for the Lac Pelletier Mine Property, 4 km southwest of Rouyn-Noranda, Quebec, has been submitted to Quebec's Ministère des Ressources naturelles et des Forêts, with approval anticipated before the end of the third quarter. The work, done with Eldorado Gold and Norda Stelo, is a step toward Emperor Metals assuming environmental responsibility for the project, currently held by Eldorado. A Pre-Feasibility Study is planned following approval, with production ramp-up targeted for early 2028.
CorporateEmperor Metals Returns 15.0 Meters of 61.5 g/t Gold Including 2.4 Meters of 369.6 g/t Gold
Drill hole DQ26-20 at the Duquesne West Gold Project near Rouyn-Noranda, Quebec returned 15.0 m grading 61.5 g/t Au (402.7–417.7 m), within a broader 35.8 m interval grading 25.9 g/t Au, with visible gold observed. Hole DQ26-36 in the conceptual Phase 1 open pit area east of the Main Pit returned 1.5 m at 7.9 g/t Au and 28.0 m at 0.5 g/t Au. Assays have been received for 18 of 49 holes drilled, covering about 7,829 m of roughly 15,700 m completed.
Drill resultsEmperor Announces Adoption of Semi-Annual Reporting
Emperor Metals has adopted semi-annual financial reporting under Coordinated Blanket Order 51-933, which permits eligible venture issuers to move from quarterly to semi-annual reporting. The company, whose fiscal year ends January 31, will not file interim financial statements and MD&A for the three months ended April 30, 2026, or for subsequent quarters ended October 31 and April 30, so long as it meets the order's eligibility criteria.
CorporateEmperor Metals Confirms High-Grade Gold Mineralization Highlighted by 35.9 Meters Grading 3.1 g/t Au, Including 24.7 Meters of 4.0 g/t Au
Drilling at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Quebec, returned 35.9 metres grading 3.1 g/t Au from 478.3 m in hole DQ26-45, including 24.7 metres at 4.0 g/t Au; other holes included 9.5 metres at 2.7 g/t Au (DQ26-34) and 9.0 metres at 1.8 g/t Au (DQ26-07A). Results cover 16 of 47 holes drilled, or about 6,500 metres, with roughly 15,300 metres completed of a program combining 15,000 metres of new drilling and 8,000 metres of historical core resampling. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz.
Drill resultsEmperor Hit Visible Gold Again.
Visible gold was intersected at 190 meters down-hole in drill-hole DQ26-06 at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Québec, about 1.5 km east of the main conceptual pit within the Nip Zone; assays are pending. The hole was drilled at an azimuth of 004° and dip of -58° to a total depth of 538 meters, extending a known mineralized lens roughly 70 meters down dip. The 2026 program comprises 15,000 meters of drilling plus about 8,000 meters of historical core resampling.
Drill resultsEmperor Metals Provides Drilling Update from Duquesne West
11,030 metres of a planned 15,000 metre drill program have been completed at the Duquesne West Gold Project in Québec, with drilling underway at hole DDH26-34. The 2026 campaign also includes about 8,000 metres of historical core resampling, with over 5,000 metres at the SGS Assay Laboratory; roughly 4% of expected assays have been received due to contractor manpower constraints and lab backlogs. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold.
Drill resultsEmperor Confirms 107.7 Meters of 0.5 Grams/Tonne Gold Intercept at Duquesne West, in an Expanding System
Drillhole DQ25-01 at the Duquesne West Gold Project in Quebec returned 107.7 metres grading 0.5 g/t Au from 155.1 m, including 6.0 m at 2.0 g/t Au, with mineralized intervals spanning roughly 170 metres across four zones. Partial results from DQ25-02 returned 42.8 metres at 0.23 g/t Au. Assays represent about 7% of the new drilling and 4% of total assays expected from the 2025–2026 program of 15,000 metres of drilling and 8,000 metres of historical core resampling. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold.
Drill resultsEmperor Advances Environmental Planning to Support Permitting at Lac Pelletier
Updates to the closure plan at the Lac Pelletier Mine Property, about 4 km southwest of Rouyn-Noranda, Quebec, are being advanced with Eldorado Gold and Norda Stelo, with work last month covering waste rock geochemistry and soil and groundwater quality. The updated plan is to be submitted to the MRNF by the end of March, with regulatory approval anticipated by the end of June. The project holds an authorized underground extraction permit for up to 1,000 tpd, with production ramp-up targeted for late 2027 to early 2028.
Corporate
202527 releases
Emperor Commences 10,000-15,000 Metre Drilling Program At The Duquesne West Gold Project
A 10,000–15,000 metre diamond drilling program has begun at the Duquesne West Gold Project in Quebec for the 2025-2026 winter season, targeting open-pit expansion, thicker high-grade lenses, conversion of inferred ounces, and extension 1 km east toward the Nip Zone. Emperor holds approximately $11.1 million in working capital. Drilling runs through early spring 2026, with first assays expected mid-late January 2026; first hole DQ25-01 is planned to 550 metres.
Drill resultsEmperor Metals Mobilizes Drill Rig to Advance Duquesne West Exploration
Drilling has resumed at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Quebec, following the closing of an $11.1 million financing. The 2025 campaign comprises a 10,000 to 15,000-metre diamond drilling program starting in November 2025 targeting step-out zones and resource expansion, plus an 8,000-metre historical core sampling program assaying previously unsampled lower-grade zones. Duquesne West hosts an Inferred Mineral Resource of 27.3 million tonnes at 1.69 g/t Au for 1.460 million ounces.
Drill resultsEmperor Metals Announces Final Over-Subscribed Closing of LIFE Offering for Aggregate Gross Proceeds of $11 Million
The second and final closing of Emperor Metals' LIFE private placement raised approximately $1,150,333.80, bringing aggregate gross proceeds across all closings to approximately $11,093,333.60. The closing issued 5,751,669 units at $0.20, each with one common share and half a warrant exercisable at $0.35 for 24 months, with SCP Resource Finance as lead agent and bookrunner. Evanachan Limited, controlled by Robert McEwen, bought 750,000 units for $150,000, holding about 6.9% of shares afterward. Proceeds fund general and administrative expenses and working capital.
FinancingEmperor Metals Announces Closing of $10 Million LIFE Offering
A best efforts private placement closed for gross proceeds of approximately $9,943,000, comprising 14,714,999 common units at $0.20 and 25,000,000 flow-through units at $0.28, led by SCP Resource Finance LP with Canaccord Genuity Corp. Flow-through proceeds will fund Canadian exploration expenses at the Duquesne West and Lac Pelletier projects in Quebec by December 31, 2026, renounced to subscribers effective December 31, 2025. Agents received 2,382,899 broker warrants exercisable at $0.20 for 24 months.
FinancingEmperor Metals Announces Private Placement Increase to $10 Million
A previously announced best efforts private placement has been increased to up to $10,000,000, comprising up to 15,000,000 units at $0.20 for up to $3,000,000 and up to 25,000,000 flow-through units at $0.28 for up to $7,000,000, each with one-half warrant exercisable at $0.35 for 24 months. SCP Resource Finance LP is lead agent and sole bookrunner with Canaccord Genuity Corp., with a 15% agents' option and 6.0% cash commission. Proceeds will advance the Duquesne West and Lac Pelletier projects in Quebec; closing is expected on or about October 7, 2025.
FinancingEmperor Metals Announces $6.5 Million "Best Efforts" Private Placement
A best efforts brokered private placement for gross proceeds of up to $6,500,080 has been launched with SCP Resource Finance LP as lead agent and sole bookrunner, comprising up to 12,500,000 common units at $0.20 and up to 14,286,000 flow-through units at $0.28, each with a half warrant exercisable at $0.35 for 24 months. Agents hold a 15% upsize option and receive a 6.0% cash commission plus 6.0% agents' warrants. Proceeds will advance the Duquesne West and Lac Pelletier projects in Quebec, with closing expected on or about October 7, 2025.
FinancingEmperor Metals Announces Filing of Technical Report in Support of Maiden Mineral Resource Estimate for the Duquesne West Gold Project, Quebec
A NI 43-101 technical report supporting the maiden mineral resource estimate for the Duquesne West Gold Project in Quebec has been filed on SEDAR+, dated August 21, 2025 with an effective date of July 2, 2025. The estimate, prepared by APEX Geoscience, totals 26.9 Mt of inferred resources containing 1.460 Moz of gold at 1.69 g/t Au, comprising 18.2 Mt at 1.11 g/t pit-constrained and 8.7 Mt at 2.92 g/t out-of-pit, using US$2,300/oz gold.
Resource updateEmperor Metals Announces Maiden Mineral Resource Estimate for the Duquesne West Project, Quebec
A maiden mineral resource estimate for the Duquesne West Gold Project in Quebec reports an Inferred Mineral Resource of 26.9 Mt containing 1.460 Moz of gold at 1.69 g/t Au, comprising 18.2 Mt at 1.11 g/t (0.646 Moz) pit-constrained at a 0.25 g/t cutoff and 8.7 Mt at 2.92 g/t (0.815 Moz) out-of-pit at a 1.15 g/t cutoff. It was prepared by APEX Geoscience Ltd. with an effective date of July 2, 2025, using US$2,300/oz gold. A drill program of approximately 8,000 to 10,000 metres begins in August.
Resource updateEmperor Metals CEO Appointed to Board of Directors of McEwen Inc.
Emperor Metals CEO John Florek has been appointed to the Board of Directors of McEwen Inc. (NYSE: MUX | TSX: MUX), a gold, copper and silver producer with operations across the Americas. Florek will remain Chief Executive Officer of Emperor Metals, which continues to advance its Duquesne West Gold Project and Lac Pelletier project in Quebec.
ManagementEmperor Confirms High-Grade Plunge Controls as Key to Drilling Success
Two distinct plunge orientations for gold mineralization have been identified at the Duquesne West property in Quebec's Abitibi Greenstone Belt: a main easterly-plunging zone and a newly discovered westerly-plunging high-grade zone intersected in drillhole DQ24-12 with 21.7 m of 35.2 g/t Au. A Maiden Mineral Resource Estimate is anticipated in the coming weeks. The Company also closed a financing raising $500,100, to fund the Gap Study, bonding and insurance, and legal costs at Lac Pelletier.
Drill resultsDUPLICATE: Emperor Metals to Participate in THE Mining Investment Event of the North, June 3–5, Quebec City
Emperor Metals will participate in THE Mining Investment Event of the North in Quebec City from June 3–5, with management available for one-on-one investor meetings; inquiries go to Jennifer Choi at jchoi@vidconferences.com. The company will also display core samples from its 2024 exploration campaigns at the Coreshack display in the Salon January Lounge on June 3 and June 4. Emperor is working on an updated Mineral Resource Estimate for its Duquesne West Gold Project in Québec and advancing the recently acquired Lac Pelletier Project.
CorporateEmperor Metals Commences Gap Study at Lac Pelletier Mine
Norda Stelo of Val-d'Or, Quebec has been engaged to conduct a Gap Analysis Study for the Lac Pelletier Project near Rouyn-Noranda, Quebec, including a register of environmental permits and authorizations obtained to date and identification of additional regulatory requirements for the planned development phase. The 2022 InnovExplo NI 43-101 estimate outlines 89,400 oz Measured and Indicated (681,200 tonnes at 4.08 g/t Au) and 137,600 oz Inferred (1,099,000 tonnes at 3.89 g/t Au), which Emperor is not treating as current.
Study resultsEmperor Announces Private Placement
A non-brokered private placement of up to 28,333,333 flow-through common shares at $0.15 per share for gross proceeds of up to $4,250,000 has been proposed by Emperor Metals, with a first tranche of 3,334,000 FT Shares closing for $500,100. Proceeds will fund Canadian exploration expenses, renounced to subscribers effective December 31, 2025. A finder received $30,006 cash and 200,040 warrants exercisable at $0.15 until April 22, 2027; securities are subject to a hold period until August 23, 2025.
FinancingEMPEROR METALS COMMENCES MAIDEN MINERAL RESOURCE ESTIMATE FOR DUQUESNE WEST GOLD PROJECT.
APEX Geoscience Ltd. of Edmonton has been retained as independent geological consultants to complete a maiden mineral resource estimate for the Duquesne West Gold Project in Quebec, with work beginning immediately and overseen by Warren Black, P.Geo. The estimate will integrate historic drilling data, Emperor's 2023 and 2024 drilling, previously unsampled historical core sample results and AI-assisted modeling, and is targeted for early Q2 2025. The property hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au.
Resource updateEMPEROR CLOSES $1.2 MILLION PRIVATE PLACEMENT
A non-brokered private placement announced March 12, 2025 has closed, with 8,184,834 units issued at $0.15 per unit for gross proceeds of up to $1,227,725. Each unit includes one common share and one-half warrant exercisable at $0.35 until April 1, 2027, subject to an acceleration provision if shares close at $0.50 or more for ten consecutive trading days. Finders received $8,100 cash and 86,000 warrants; securities are held until August 2, 2025. Proceeds will fund exploration and development and working capital.
FinancingEMPEROR ANNOUNCES PRIVATE PLACEMENT AND STRATEGIC INVESTOR
A non-brokered private placement of up to 10,000,000 units at $0.15 per unit for gross proceeds of up to $1,500,000 is proposed, each unit comprising one common share and half a warrant exercisable at $0.35 for two years, subject to an acceleration clause. Evanachan Limited, controlled by Robert McEwen, will acquire 5,000,000 units, or 50% of the offering. Proceeds will fund exploration and development of Emperor's projects and general working capital; finder's fees of up to 6.0% may be paid.
FinancingEmperor Metals Acquires Lac Pelletier Property in Quebec
The acquisition of undersurface rights and interests in the Lac Pelletier Property, Quebec from Maritime Resources Corp. has been completed, with Emperor issuing 12,500,000 common shares to Maritime under the Property Purchase Agreement. The shares are subject to a hold period expiring July 12, 2025, and no finder's fee was paid. The property comprises 25 mining claims and a mining lease covering at least 558 hectares about 4 km southwest of Rouyn-Noranda, and carries a 1.0% net smelter returns royalty to Metalla Royalty & Streaming Ltd.
AcquisitionEmperor Metals Clarifies Press Release for February 25, 2025
Re-assay of the DQ24-12 interval from 286.9–289.4 m at the Duquesne West Gold Project in Quebec, using a screened metallics fire assay, returned 2.5 m of 301.1 g/t Au, up from the previously reported 57.8 g/t Au, and updates the broader zone to 21.7 m of 35.2 g/t Au. Historical core sampling results include 3.0 m of 6.17 g/t Au in DQ06-02, 23.8 m of 0.4 g/t Au in DO-11-21 and 2.35 m of 4.2 g/t Au in DQ06-12. The release is a clarification issued at CIRO's request, and 100% of the 8,166 m, 19-hole 2024 program has been reported, with a resource estimate due Q1 or early Q2 2025.
CorporateEmperor Metals Unveils Bonanza-Grade Gold Discovery: 21.7m of 35.2 g/t Au, While Expanding Ounces by Testing Previously Unsampled Historical Core
Re-assay of hole DQ24-12 at the Duquesne West Gold Project in Quebec using screened metallics upgraded a 2.5 m interval from 57.8 g/t Au to 301.1 g/t Au, revising the intersection to 21.7 m of 35.2 g/t Au, including 14 m of 54.5 g/t Au. Previously unsampled historical core returned intervals including 3.0 m of 6.17 g/t Au (DQ06-02), 2.35 m of 4.2 g/t Au (DQ06-12) and 23.8 m of 0.4 g/t Au (DO-11-21). An updated resource estimate is planned for Q1 or early Q2 2025.
Drill resultsEmperor Metals to Showcase Key Project Developments at the 2025 Toronto Metals Investor Forum and the PDAC Conference
Emperor Metals will exhibit and present at the Metals Investor Forum in Toronto from February 28 to March 1, with CEO John Florek presenting Saturday, March 1 at 11:50 AM PT at the Delta Hotel, and will exhibit at the PDAC Convention March 2-5 in the Investors Exchange, Booth #2615. The company cited an upcoming Mineral Resources Estimate for the Duquesne West Gold Project and a proposal to acquire the Lac Pelletier Property in Quebec.
CorporateEmperor Metals Reports Impressive 2024 Assay Results, Unlocking Significant Gold Potential at Duquesne West
Results from the 2024 program at the Duquesne West Gold Project near Duparquet, Quebec, comprising 8,166 metres in 19 drill holes plus roughly 8,000 metres of historical core assaying, with 100% of new drilling assays and 55% of total 2024 assays reported and the remainder expected by mid-February. Holes DQ24-18 returned 2.5 m of 8.62 g/t Au and 10.1 m of 0.5 g/t Au, and DQ24-19 returned 4.7 m of 1.4 g/t Au. Historical core hole DQ06-16 returned 43.9 m of 0.74 g/t Au, including 9 m of 2.0 g/t Au. An updated mineral resource estimate is targeted for Q1 or early Q2 2025.
Drill resultsEmperor Metals Drilling Expands Gold Potential at Duquesne West, Reveals Widespread Mineralization in Open Pit Model
Additional assays from the 2024 drill program at the Duquesne West gold project near Rouyn-Noranda, Quebec returned 14.2 m of 1.2 g/t Au and 20.4 m of 0.6 g/t Au in DQ24-15, 16.3 m of 0.8 g/t Au in DQ24-12, 8.1 m of 1.0 g/t Au and 30.5 m of 0.5 g/t Au in DQ24-13, and 7.1 m of 1.3 g/t Au in DQ24-16. The program comprised 8,166 m in 19 holes plus about 8,000 m of historical core assaying; 52% of season assays are reported, with all expected by mid-February and an updated resource estimate in Q1 or early Q2 2025.
Drill resultsEmperor Metals Renews Option On Duquesne West Gold Project
A third-year option payment has been made to Duparquet Assets Ltd., 50% owned by Globex Mining Enterprises, to maintain Emperor Metals' option on the Duquesne West property in Duparquet township, Quebec. The 2026 renewal consisted of $1,000,000 in cash plus 3,263,133 common shares valued at $600,000 based on a 20-day volume weighted average price. The company has approximately $11.1 million in working capital and has begun a 10,000 to 15,000 metre diamond drilling campaign, with more than 8,000 metres of historical core to be assayed.
AcquisitionEmperor Metals to Highlight Latest Company Developments at the January Metals Investor Forum and Vancouver Resource Investment Conference
Emperor Metals will participate in two January investor events: the Metals Investor Forum on January 17-18, where CEO John Florek presents Friday, January 17 at 11:20 AM PT at the Fairmont Pacific Rim, and the Vancouver Resource Investment Conference on January 19-20, exhibiting at Booth #308 at the Vancouver Convention Centre. The company cited recent milestones including accelerated development of the Duquesne West Gold Project and a proposal to acquire the Lac Pelletier Property in Quebec.
CorporateEmperor Metals Proposes to Acquire Surface Rights to Lac Pelletier Property, Quebec
A binding purchase and sale agreement has been signed with a wholly owned subsidiary of Eldorado Gold Corporation to acquire Eldorado's surface rights to the Lac Pelletier Property near Rouyn-Noranda, Quebec, following the January 7, 2025 announcement of the undersurface rights acquisition from Maritime Resources Corp. Consideration is primarily the assumption of Eldorado's rehabilitation and restoration liabilities, including a cash bond and surety bond totalling $305,349, and release of Eldorado's financial guarantee from Quebec's Minister of Natural Resources and Forests.
AcquisitionEmperor Metals Drilling Confirms Broad Gold Mineralization in Conceptual Open Pit Model, Highlighting 21.7m at 7.2 g/t Au, 24.8m at 1.8 g/t Au, and Visible Gold Occurrences
Additional 2024 drill results from the Duquesne West Gold Project near Rouyn-Noranda, Quebec include hole DQ24-12 intersecting 21.7 m at 7.2 g/t Au within 38.3 m at 4.1 g/t Au, with a 2.5 m interval at 57.8 g/t Au and visible gold, plus 23.5 m at 1.2 g/t Au within 68.3 m at 0.6 g/t Au. DQ24-11 returned 24.8 m at 1.8 g/t Au and 56.1 m at 0.5 g/t Au. The program totalled 8,166 m in 19 holes plus roughly 8,000 m of historical core assaying; 35% of 2024 season assays are reported, with all assays expected by mid-February and a mineral resource estimate in Q1 2025.
Drill resultsEmperor Metals Proposes to Acquire Lac Pelletier Property, Quebec
A property purchase agreement dated January 7, 2025 with Maritime Resources Corp. will see Emperor Metals acquire all of Maritime's undersurface rights in the Lac Pelletier Property, Quebec, for 12,500,000 common shares, about 10.06% of Emperor's issued shares. The property covers 25 mining claims and a mining lease over at least 558 hectares, 4 km southwest of Rouyn-Noranda, adjacent to Agnico Eagle's Wasamac deposit, and carries a 1.0% NSR to Metalla. Closing is expected before March 31, 2025.
Acquisition
202415 releases
Emperor Metals Expands Eastward at Duquesne West, intercepting 2.5 m of 10.27 g/t Au and 21.5 m of 0.6 g/t Au (55.2 m of 0.3 g/t Au) in Previously Untested Areas
Drilling results from holes DQ24-04 to DQ24-09 at the Duquesne West Gold Project near Rouyn-Noranda, Quebec include 2.5 m of 10.27 g/t Au in DQ24-05 beneath the Nip Zone, 21.5 m of 0.6 g/t Au within 55.2 m of 0.3 g/t Au in DQ24-08 located 800 m east along strike of the conceptual open pit, and 17.0 m of 0.5 g/t Au in DQ24-04. The 2024 program totalled 8,166 m in 19 holes plus about 8,000 m of historical core assaying, with 25% of assays reported and a mineral resource estimate planned for Q1 2025.
Drill resultsEmperor Metals Reports Positive Metallurgical Results from Initial Testing on the Duquesne West Gold Deposit
Initial metallurgical testing on the Duquesne West Gold Project near Rouyn-Noranda, Quebec returned gold recoveries averaging 90% across all samples, with replacement-style mineralization averaging 92% (90–94%) and quartz-feldspar porphyry-related mineralization averaging 88% and ranging from 76% to 100%. Five composites were prepared from 87 drill core composites totalling about 73.4 metres and 168 kilograms, tested by SGS using modified cyanide leach (Leachwell). Copper and arsenic values were low. A mineral resource update is scheduled for Q1 2025. The company also granted 2.4 million options at $0.10 for five years.
Study resultsEmperor Closes Increased Private Placement
A non-brokered private placement closed with 8,175,000 flow-through shares issued at $0.11 per share for gross proceeds of $899,250, after the offering was increased from 7,500,000 shares for an additional $74,250. Proceeds will fund eligible Canadian exploration expenses, renounced to subscribers effective December 31, 2024. Finders received $49,500 cash and 450,000 warrants exercisable at $0.11 until November 6, 2026; securities are subject to a hold period until March 7, 2025, with CSE acceptance pending.
FinancingEmperor Metals Expands Near-Surface Mineralization at Duquesne West Gold Deposit; Intersects 52.1 m of 0.8 g/t Au
Drill hole DQ24-02 at the Duquesne West gold project near Rouyn-Noranda, Quebec returned 52.1 m of 0.8 g/t Au, including 7.0 m of 1.74 g/t Au, plus a separate 7.0 m at 1.30 g/t Au, while DQ24-03 cut 30.2 m of 0.4 g/t Au. The results cover the first three holes of a 19-hole program, representing 1,452 m or 18% of the 8,166 m 2024 campaign. Emperor expects further assays within two weeks and a mineral resource update in Q1 2025.
Drill resultsEmperor Announces Private Placement
A non-brokered private placement of 7,500,000 flow-through shares at $0.11 per share for gross proceeds of $825,000 has been arranged by Emperor Metals Inc. (CSE: AUOZ). Proceeds will fund eligible Canadian exploration expenses qualifying as flow-through mining expenditures, with qualifying expenditures renounced to subscribers effective December 31, 2024. The shares carry a four-month hold period and the offering is subject to acceptance by the Canadian Securities Exchange.
FinancingEmperor Tests Eastern Extent at Duquesne West Gold Project
Drilling has extended 1.1 km east from the conceptual open pit toward the Nip Zone at the Duquesne West Gold Project in Quebec, after completion of 2,500 metres, or 30%, of an 8,000-metre program. Historical Nip Zone intercepts cited include 16 m of 6.06 g/t Au and 2.5 m of 51.88 g/t Au, alongside untested downhole IP/resistivity anomalies. Emperor had about $4 million in working capital at the program's start and plans a mineral resource update in Q1 2025.
Drill resultsEmperor Announces 8,000m Drill Program at The Duquesne West Gold Project
A drill rig has been mobilized for an 8,000 m drill program at the Duquesne West Gold Project in Quebec, commencing by mid-May and following the 2023 campaign of 8,579 m, which returned 15.8 g/t Au over 10.85 m (DQ23-05) and 1.69 g/t Au over 25 m (DQ23-02). A further 8,000 m of sampling from the historic core library is planned, targeting an open-pit concept. Emperor reports approximately $4 million in working capital.
Drill resultsEmperor Closes Flow-Through Private Placement
A non-brokered private placement announced April 27, 2024 has closed, with 2,943,333 flow-through shares issued at $0.267 per share for gross proceeds of $785,869.61. Proceeds will fund eligible Canadian exploration expenses, with qualifying expenditures renounced to subscribers effective December 31, 2024, and the shares subject to a four-month hold period. Closing remains subject to Canadian Securities Exchange acceptance. Emperor's Duquesne West Gold Project is located in Quebec.
FinancingEmperor Announces Private Placement
A non-brokered private placement of 5,240,000 flow-through shares at $0.267 per share has been arranged for gross proceeds of $1,399,080. Proceeds will fund eligible Canadian exploration expenses, with qualifying expenditures renounced to subscribers effective December 31, 2024, and the shares subject to a four-month hold period. The offering is subject to acceptance by the Canadian Securities Exchange. Emperor's Duquesne West Gold Project is located in Quebec.
FinancingEmperor Metals Inc. Announces Final Results from 2023 Exploration Campaign and Strategic Insights for 2024 at Duquesne West Gold Project
Final assay results from the 8,579 metre 2023 drill campaign at the Duquesne West Gold Project, Quebec, include 10.8 m of 15.8 g/t Au (DQ23-05), 11.7 m of 5.63 g/t Au (DQ23-01), 25.0 m of 1.69 g/t Au (DQ23-02) and 11.75 m of 0.61 g/t Au (DQ23-10). Sampling of previously unassayed historical core returned 8.0 m of 1.9 g/t Au and 6.0 m of 0.76 g/t Au, with mineralization traced 1.2 km east of the conceptual open pit. A fully funded 5,000 metre drill program begins in Q2 2024.
Drill resultsEmperor Closes $2.2 Million Private Placement
A non-brokered private placement has closed, with 18,148,000 units issued at $0.125 per unit for gross proceeds of up to $2,268,500. Each unit includes one common share and one-half warrant exercisable at $0.25 until March 28, 2026; finders received $16,020 cash and 128,160 warrants, and securities are subject to a hold period until July 29, 2024. Proceeds will fund exploration and development at the Duquesne West Gold Project and working capital. The Company also granted 3,950,000 options at $0.15, expiring March 28, 2029.
FinancingEmperor Announces Private Placement and Strategic Investor
A non-brokered private placement of up to 17,064,000 units at $0.125 per unit for gross proceeds of up to $2,133,000 is proposed, with each unit comprising one common share and one-half warrant exercisable at $0.25 for two years. Proceeds will fund exploration and development of the Duquesne West Gold Project in Quebec and general working capital. Evanachan Limited, controlled by Robert McEwen, will acquire 8,000,000 units, or 46.9% of the offering, for an 8.0% non-diluted holding.
FinancingEmperor Metals Unveils Key Insights from 424 line-km Aeromagnetic Geophysical Survey at the Duquesne West Gold Project in Quebec
A 424 line-km aeromagnetic geophysical survey covering 14.5 km², flown at 50 m and 25 m line spacing, has been completed at the Duquesne West Gold Project in Quebec, the first detailed aeromagnetic data (<100 m line spacing) on the property. Emperor Metals says the survey defines the greenstone belt architecture and identifies previously unknown structural features and targets ahead of its 2024 drill program. The property hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au.
Drill resultsEmperor Metals Renews Option on Duquesne West Gold Project
The second-year option payment on the Duquesne West gold property in Duparquet township, Quebec (NTS-32D06) has been made to Duparquet Assets Ltd., a private company 50% owned by Globex Mining Enterprises, consisting of $500,000 cash and 2,583,119 common shares valued at $300,000 based on a 20-day volume weighted average price. During 2023 Emperor drilled 14 holes and relogged 3,000 samples of historical core, targeting a near-surface lower-grade open-pittable gold deposit; further drill results and assays are pending.
AcquisitionEmperor Advances Open-Pit Model At Duquesne West Gold Project
Additional assays from the summer 2023 drill campaign at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Quebec, returned 15.7 m of 0.8 g/t gold (including 7.0 m of 1.08 g/t) and 7.2 m of 2.8 g/t gold in hole DQ23-07 within the conceptual open pit, plus 3.65 m of 6.25 g/t gold (including 1.15 m of 12.17 g/t) in the DQ23-02 footwall extension. The 14-hole, 8,579 m program has about 75% of assays returned.
Study results
202318 releases
Emperor Closes $1.2 Million Private Placement
A non-brokered private placement announced December 14, 2023 has closed, comprising 6,600,000 Quebec flow-through shares at $0.125 for gross proceeds of $825,000 and 3,436,362 federal flow-through shares at $0.11 for $378,000, to fund Canadian exploration expenses on the Duquesne West Gold Project, Quebec. Finders received $72,180 cash and 672,181 warrants exercisable at $0.20 until December 21, 2025. All securities are subject to a hold period until April 22, 2024.
FinancingEmperor Announces Private Placements
Two non-brokered private placements are proposed: 6,600,000 Quebec flow-through shares at $0.125 for gross proceeds of $825,000, and 3,436,362 federal-only flow-through shares at $0.11 for an additional $378,000. Proceeds will fund Canadian exploration expenses on the Duquesne West Gold Project in Quebec. Finder's fees of up to 6.0% in cash plus warrants equal to 6.0% of shares sold, exercisable at $0.20 for up to two years, may be paid; terms are subject to CSE notice.
FinancingEmperor Metals Intersects Near Surface Mineralization 13.2 Metres of 3.8 g/t Au (including 5.6 m of 7.5 g/t Au); Building Bulk Tonnage Open Pit Potential at Duquesne West Gold Project in Quebec
Drilling at the Duquesne West Gold Project near Rouyn-Noranda, Quebec returned 13.2 m of 3.8 g/t gold from 26 m in hole DQ23-09, including 5.6 m of 7.5 g/t Au, and 5.2 m of 2.1 g/t Au in DQ23-06, which extends mineralization about 0.55 km along strike and down plunge. The summer 2023 program totalled 14 diamond drillholes over 8,579 metres, with roughly 65% of assays received. Over 3,000 metres of previously unassayed historical core has been sampled.
Drill resultsEmperor Shares are Now Listed in the United States on OTCQB with DTC Eligibility for Electronic Clearing and Settlement
Emperor Metals' common shares are now trading in the United States on the OTCQB Venture Market under the symbol EMAUF, and the company has secured Depository Trust Company eligibility for electronic clearing and settlement. The shares will continue to trade in Canada on the CSE under the symbol AUOZ, with primary public disclosure reporting on SEDAR+. The company's flagship asset is the Duquesne West Gold Project in Duparquet Township, Quebec.
CorporateEmperor Closes $1.5 Million Private Placement
A non-brokered private placement of 15,419,400 units at $0.10 per unit has closed for gross proceeds of up to $1,541,940, with each unit comprising one common share and one warrant exercisable at $0.20 until November 24, 2025. Finders received $41,575.80 in cash and 415,758 finder's warrants on the same $0.20 terms; all securities are subject to a hold period until March 25, 2024. Proceeds will fund exploration and development at the Duquesne West Gold Project and general working capital.
FinancingEmperor Announces Private Placement
A non-brokered private placement of up to 15,144,400 units at $0.10 per unit for gross proceeds of up to $1,514,440 is proposed by Emperor Metals, with each unit comprising one common share and one warrant exercisable at $0.20 for two years from closing. Proceeds will fund exploration and development of the Duquesne West Gold Project and general working capital. Finder's fees of up to 7% in cash and 7% in warrants may be paid, subject to CSE notice.
FinancingEmperor Metals Intersects 10.8 Metres of 15.8 g/t Au (including 3.4 m of 27.24 g/t Au); Identifies Overlooked Bulk Tonnage Open Pit Potential at Duquesne West Gold Project in Quebec
Hole DQ23-05 at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Quebec, returned 10.8 m of 15.85 g/t Au, including 3.4 m of 27.24 g/t Au, along with 24.4 m of 0.5 g/t Au and 18.35 m of 0.52 g/t Au. Drilling has reached 8,239 m of a planned +8,000 m program, with assays pending for holes DQ23-02 through 05. The company is now targeting an open pit concept with a 1.8 km by 0.8 km footprint to 400 m depth, and is sampling near-surface historical core, up to 70% of which was never assayed. The property hosts a historical inferred resource of 727,000 ounces at 5.42 g/t Au.
Drill resultsEmperor Metals Intercepts 11.7 Metres Of 5.63 G/T Gold At The Duquesne West Gold Project In Quebec
Initial assays from the summer 2023 drilling at the Duquesne West Gold Project near Rouyn-Noranda, Quebec returned 11.7 m of 5.63 g/t gold, including 5.75 m of 7.98 g/t, in hole DQ23-01. Hole DQ23-02 returned 10.65 m of 3.97 g/t gold at 540.25 m core depth and 25.0 m of 1.69 g/t gold at 814 m. Drilling has reached 5,500 m of a planned +8,000 m program.
Drill resultsEmperor Provides Drilling Update for the Duquesne West Gold Project
Drilling has resumed at the Duquesne West Gold Project near Rouyn-Noranda, Quebec, after a provincial wildfire-related work ban halted operations between June 4 and June 30; work restarted June 30. Three holes are complete — DQ23-01 (1,068 m), DQ23-02 (834 m) and DQ23-03 (948 m) — with 3,000 m drilled to date and hole DQ23-04 underway. The roughly 7,000 m, 10-hole Phase 1 program is expected to run to the end of September, with samples sent to SGS Laboratories in Lakefield, ON. Additional drill permits were granted June 26.
Drill resultsEmperor Closes Second Tranche of Private Placement
The second and final tranche of a non-brokered private placement closed for gross proceeds of $94,000.12, comprising 143,750 flow-through shares at $0.16 and 591,667 non flow-through units at $0.12, each unit including a half warrant exercisable at $0.20 until July 11, 2025. A finder received $840 cash and 6,000 finder's warrants on the same terms; securities are subject to a hold period until November 12, 2023. Flow-through proceeds will fund Canadian exploration expenses at the Duquesne West Gold Project in Quebec, renounced effective December 31, 2023.
FinancingEmperor Closes First Tranche of Private Placement
A first tranche of a non-brokered private placement closed for gross proceeds of $734,400, comprising 1,875,000 flow-through shares at $0.16 and 3,619,998 units at $0.12, each unit including a half warrant exercisable at $0.20 until June 22, 2025. Finders received $10,800 cash and 131,250 warrants; securities are subject to a hold period until October 23, 2023. Flow-through proceeds will fund exploration at the Duquesne West Gold Project in Quebec, with a second tranche of up to $150,000 expected.
FinancingEmperor Metals Announces Frankfurt Stock Exchange Listing
Emperor Metals' common shares have received a secondary listing on the Frankfurt Stock Exchange under the symbol 9NH, in addition to its CSE listing under AUOZ. The company has partnered with CM-Equity AG, a licensed and regulated investment and capital markets firm in Europe. Emperor holds an option to acquire a 100% interest in the Duquesne West Gold Property, 38 claims covering approximately 1,389 ha in Duparquet Township, Quebec, which hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au.
CorporateEmperor Commences Phase I Drilling at the High-Grade Duquesne West Gold Project in Quebec
Drilling has started at the Duquesne West Gold Project in Quebec, located 32 km northwest of Rouyn-Noranda in the Abitibi Greenstone Belt, under a fully funded 7,000 to 10,000 m Phase I campaign. The first hole is designed to intercept several known gold lenses for resource expansion and test previously unexplored areas identified by an AI-based geological model. The property hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au, which Emperor is not treating as current.
Drill resultsEmperor Develops Multiple High Priority Targets Using Groundbreaking A.I. at Duquesne West
Drill targets have been selected for a 7,000 to 10,000 m drilling program at the Duquesne West Gold Project in Quebec, set to begin mid-May, with contractors already preparing drill pads. The targets were generated from a newly completed A.I. 3D geological model combined with the company's existing A.I. mineralized model, aimed at expanding a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au. Emperor has also applied for a permit for up to 46 additional drill pads.
Drill resultsReview of Historical Drilling Provides Focal Point for Upcoming Drill Campaign; Intercepts of 30.61 g/t Over 10.69 Meters at the Duquesne West Gold Project in Quebec
A review of historical drilling at the Duquesne West Gold Project near Rouyn-Noranda, Quebec is nearing completion, with past intercepts including 30.607 g/t Au over 10.69 m (DQ95-21), 48.217 g/t over 1.79 m and 15.074 g/t over 6.25 m, drawn from a database of 326 holes totalling 101,308 metres. Emperor Metals will begin its phase I drill campaign in early May, having received a land use permit and selected a drilling contractor. The property hosts a historical inferred resource of 727,000 ounces at 5.42 g/t Au.
Drill resultsEmperor Metals Receives Drill Permit For The Duquesne West Gold Project In Quebec
A Permis d'intervention has been received from Quebec's Ministère des Forêts, de la Faune et des Parcs covering the initial 12 drill pads for a fully funded 8,000–10,000 metre drilling program at the Duquesne West gold project in the Duparquet Mining District, Quebec. Drilling is expected to start in the first half of May 2023 with one drill, with the possibility of adding a second. The property hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au.
CorporateEmperor Metals Provides an Update on the Upcoming Drill Program at the Duquesne West Gold Project in Quebec
Preparations are underway for a Q2 2023 drill program at the Duquesne West Gold Project, 32 km northwest of Rouyn-Noranda, Quebec, with drilling permits applied for, contractors hired and an RFQ for drilling contractors to be released. An artificial intelligence 3D geological model is being refined using a consolidated database from six companies that drilled on the property since 1987, covering 102,479 metres in 327 holes. The property hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au.
Drill resultsEmperor Metals Makes Option Payments to Initiate its Duquesne West Gold Project
A first share payment of 1,500,000 common shares and a second cash payment of $450,000 have been completed under the October 7, 2022 option agreement to acquire a 100% interest in the Duquesne West Property, 38 claims covering approximately 1,389 ha in Duparquet Township, Quebec, from Duparquet Assets Ltd., a 50%-owned subsidiary of Globex Mining Enterprises. A drill program is planned to begin in Q2 2023. The company also granted 2,000,000 stock options exercisable at $0.17 for five years.
Acquisition
20223 releases
Emperor Closes Second and Final Tranche of Private Placement
The second and final tranche of Emperor Metals' non-brokered private placement closed with 5,228,500 non flow-through units at $0.17 per unit for gross proceeds of $888,845, each unit comprising one common share and one-half warrant exercisable at $0.30 for 24 months. Finders received $53,135.20 cash, 24,000 common shares and 226,110 warrants exercisable at $0.17 for 24 months. Proceeds may fund option payments on the Duquesne West Gold Project in Quebec and working capital.
FinancingEmperor Closes First Tranche of Private Placement; Retains Investor Relations Group
The first tranche of a non-brokered private placement closed with 10,155,728 flow-through shares at $0.23 for gross proceeds of up to $2,335,817, with $138,907 cash and 603,943 finder's warrants at $0.17 for 24 months paid to finders. Proceeds will fund Canadian exploration expenses at the Duquesne West Gold Project in Quebec, renounced effective December 31, 2022, with a second tranche expected. Peak Investor Marketing Corp. was retained at $12,000 per month for 12 months plus 400,000 options at $0.18.
FinancingEmperor Announces Private Placement in Conjunction with Its Option to Acquire Duquesne West Gold Project Located in Quebec, Canada
A non-brokered private placement is proposed for up to 13,050,000 flow-through shares at $0.23 for gross proceeds of up to $3,001,500 and up to 11,765,000 non flow-through units at $0.17 for up to $2,000,050, with each unit including a half warrant exercisable at $0.30 for 24 months. Proceeds will fund exploration and development at the Duquesne West Gold Project in Quebec, which hosts a historical inferred resource of 727,000 ounces of gold at 5.42 g/t Au. Finders receive 6% cash and warrants; CSE approval is required.
Financing