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News about Emperor Metals
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- Emperor Reports Additional Drill Results and Continues to Strengthen Conceptual Phase 1 Open-Pit
Emperor Metals Inc. (CSE: AUOZ) reported final assays from seven new drillholes in its 2026 exploration campaign at Duquesne West, a program that added over 28,000 m of new data from more than 20,000 m of new drilling and 8,000 m of historical core resampling. Highlights include DQ26-51, which returned 26.3 m grading 1.0 g/t Au from about 40 m depth, including 6.1 m at 2.0 g/t Au; assays are now reported for 51 of 66 holes, with 15 pending. An additional 3,000 to 5,000 m of diamond drilling is planned after a brief pause, and the company plans overburden stripping and grade-control drilling within a conceptual Phase 1 open pit to support a possible updated Mineral Resource Estimate and PEA. The company has completed about 20,479 m of drilling, above its planned 15,000 m, while remaining within budget, and CEO John Florek said the results strengthen confidence in the conceptual Phase 1 open-pit concept.
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