Curated News
By: NewsRamp Editorial Staff
July 09, 2025
Emperor Metals Reveals 104% Increase in Gold Resource at Duquesne West
TLDR
- Emperor Metals Inc. reports a 104% increase in gold resources at Duquesne West, offering investors a capital-efficient opportunity with a $7 per ounce discovery cost.
- The Duquesne West Gold Project's MRE details 26.9 million tonnes at 1.69 g/t gold, with 44% open-pit and 56% underground extraction methods planned.
- Emperor Metals' exploration advances in Quebec promise sustainable gold extraction, contributing to local economies and the global gold supply chain.
- Discover how Emperor Metals' high-grade intercept of 22.7 meters at 35.2 g/t gold could redefine Quebec's gold mining landscape.
Impact - Why it Matters
This news is significant for investors and the mining industry as it showcases Emperor Metals' successful exploration efforts and the potential for substantial gold extraction at the Duquesne West Project. The announcement not only highlights the project's viability and efficiency but also positions Emperor Metals as a promising player in the gold mining sector, especially in a market where gold prices are strong. The planned expansion efforts could further enhance the project's value, offering potential economic benefits and investment opportunities.
Summary
Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) has announced a groundbreaking initial Mineral Resource Estimate for its Duquesne West Gold Project in Quebec, revealing a 104% increase over historical figures. The 2025 Duquesne West MRE details an Inferred Mineral Resource of 26.9 million tonnes grading 1.69 g/t gold, totaling 1.460 million ounces. With 44% of the resource suitable for open-pit extraction and 56% for underground mining, the company has made significant exploration progress, including high-grade intercepts like 22.7 meters at 35.2 g/t gold. A summer drill campaign of 8,000 to 10,000 meters is planned to further expand the resource, aiming to surpass two million ounces by 2025. CEO John Florek highlighted the $7 per ounce discovery cost as a testament to the project's capital efficiency, especially relevant in the current strong gold market.
For more details, the full press release is available at https://ibn.fm/fJp54. Emperor Metals is a Canadian mineral exploration company focused on high-quality gold properties in the Canadian Shield. Additional information can be found on SEDAR under the company’s profile at www.SEDAR.com.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Emperor Metals Reveals 104% Increase in Gold Resource at Duquesne West
