Emperor Metals Inc.(CSE:AUOZ)

About

Emperor Metals Inc. is a high-grade gold exploration and development company focused on Quebec’s Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques. The company is dedicated to unlocking the significant resource potential of the Duquesne West Gold Project and the Lac Pelletier Project, both located in this Tier 1 mining district. The flagship Duquesne West Gold Project hosts an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold (Au) at an average grade of 1.69 grams per metric ton (g/t) Au. A 10,000–15,000 m drill program commenced in December 2025. The recently acquired Lac Pelletier Project presents significant near-term production potential. The project currently hosts a historical estimated mineral resource of 681,200 tonnes grading 4.08 g/t Au for 89,400 oz of gold (Measured and Indicated), along with an additional 1,099,000 tonnes grading 3.89 g/t Au for 137,600 oz of gold (Inferred), as reported in Maritime’s May 11, 2022, press release (available on SEDAR+). The company is led by a dynamic group of resource sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver exceptional shareholder value.

Verified company data

Cash position

$10.0 M CAD

Shares outstanding

194,850,005​

Fully diluted shares

242,289,794​

Mineral resource

Inferred Mineral Resource: 26.9 Mt containing 1.460 Moz Au grading 1.69 g/t Au. Deposit characterized by multiple high-grade zones within a broader bulk-tonnage gold envelope. Approximately: 44% of ounces considered conceptually open-pit amenable; 56% potentially mineable via underground methods. Significant upside remains: Within the current pit shell; Along strike; At depth below the conceptual pit. 2024 drilling demonstrated strong high-grade potential, including: 22.7 m @ 35.2 g/t Au. Ongoing infill drilling continues to support potential grade enhancement and resource growth. Lac Pelletier Property has a historical estimated mineral resource of 681,200 tonnes grading @ 4.08 g/t Au for 89,400 oz (total Measured and Indicated), and Inferred mineral resources of 1,099,000 tonnes grading @ 3.89 g/t Au for 137,600 oz Au.

Projects

["Duquesne West\nOVERVIEW\nThe flagship Duquesne West Gold Project is located in Quebec’s prolific Abitibi Greenstone Belt, approximately 32 km northwest of Rouyn-Noranda and 10 km east of Duparquet, within the historic Duparquet Gold Camp. The project is a high-grade Archean lode gold system with excellent infrastructure, including year-round road access, nearby power, and direct highway access to Rouyn-Noranda International Airport.\n\nDuquesne West hosts a large-scale gold system with both open-pit and underground development potential.\n\nMaiden Mineral Resource Estimate - July 2025\nResource Highlights\nInferred Mineral Resource:\n26.9 Mt containing 1.460 Moz Au grading 1.69 g/t Au\nDeposit characterized by multiple high-grade zones within a broader bulk-tonnage gold envelope\nApproximately:\n44% of ounces considered conceptually open-pit amenable\n56% potentially mineable via underground methods\nSignificant upside remains:\nWithin the current pit shell\nAlong strike\nAt depth below the conceptual pit\n2024 drilling demonstrated strong high-grade potential, including:\n22.7 m @ 35.2 g/t Au\n(see Emperor Metals news release dated February 25, 2025)\nOngoing infill drilling continues to support potential grade enhancement and resource growth\n2026 Drill Program\nA fully funded ~10,000 metre drill program is currently underway and focused on:\n\nExpanding the existing resource\nTesting high-priority growth targets\nAdvancing both open-pit and underground development concepts\nSupporting future resource updates\nExploration & AI Targeting\nResults from the 2023 drilling campaign were integrated into Emperor’s proprietary A.I.-assisted targeting models, helping refine and prioritize targets for subsequent drilling.\n\nThe 2024 campaign totaled 8,166 metres and focused on:\n\nExpanding the conceptual open pit footprint\nIncreasing potential ounces in a cost-effective manner\nOptimizing stripping ratios\nDe-risking future mining scenarios\nAdvancing a new conceptual open-pit model alongside the historical underground framework\nOPTION AGREEMENT\nEmperor Metals has the option to acquire 100% ownership of the project from Globex Mining. The earn-in requires $10 million in payments, 15 million shares and $12 million in exploration expenditures over five years.","Lac Pelletier\nThe Lac Pelletier Property comprises 25 mining claims and a mining lease covering a total area of at ~646 hectares and is located approximately 4 km southwest of the city of Rouyn-Noranda, Quebec. The Property is adjacent to and contiguous with Agnico Eagles’ advanced exploration project known as their Wasamac Gold Deposit (Measured and Indicated: 2.2 Moz @ 2.43 g/t Au and Inferred: 0.8 Moz Au @ 2.66 g/t Au). These properties share the Wasamac Shear Zone that Agnico Eagle views as good potential to host additional discoveries.\n\n\nThe Lac Pelletier Property currently has an historical estimated mineral resource of 681,200 tonnes grading @ 4.08 g/t Au for 89,400 oz (total Measured and Indicated), and Inferred mineral resources of 1,099,000 tonnes grading @ 3.89 g/t Au for 137,600 oz Au (see Maritime’s press release dated May 11, 2022 as posted on SEDAR+). Lac Pelletier has a historical mineral resource of 89,400 Oz Au Measured & Indicated at 4.08 g/t Au and 137,600 Oz Au at 3.89 g/t Au is contained in several zones of mineralization​\n\nProperty Highlights\n\n105,000 meters of drilling has been completed (both above ground and underground)​\nOver 3.3 km of underground development is in place, including portal, and vent raise with only limited bulk sample mining\nTwo bulk samples (2009 –2010) with an average recovery of 96.3% (2,950 oz Au recovered @ 4.35 g/t Au)​\nPotential for both robust thickness and high-grade resource expansion with diamond drill hole intercepts of 22.4 m of 7.6 g/t Au and 6.2 m of 24.8 g/t Au​\nVery close to infrastructure in area; within Rouyn municipal limits​\nPotential pre-production scenario for Emperor\nEstimated +70 Million dollars in prior expenditures on infrastructure and drilling on site (today's terms)​\nSignificant potential to expand gold resource\n\nRéunions du comité du lac Pelletier\nBest Practices Guide For Monitoring Committees and Legal Obligations of Mining and Petroleum Projects Promoters"]

Leadership

Management & Directors The Emperor team has successfully led more than 25 public mining companies, delivered shareholder returns through good and bad markets, and raised in excess of $1 billion to fund exploration, development and production projects worldwide. John FlorekM.Sc., P. Geol. CEO, President / Director +30 years mining sector, Superintendent of Geology at Kirkland Lake Gold’s Detour Mine, previously Senior Geologist with Barrick Gold at the Hemlo Mine and Senior District Geologist with Placer Dome. Director to the Board of McEwen Inc. Sean Mager CFO / Director +30 years of experience in the global mining sector, extensive expertise in corporate development, stakeholder relations, regulatory affairs, finance, and operations. CoFounder of the Metals Group of companies Alex Horsley Vice President / Director +20 years mining sector and capital markets, finance, marketing, management, corporate development, and communications. John LabrecqueP.Geol VP Exploration +26 years of global experience spanning North America, Africa, and Asia. Extensive expertise in gold, porphyry copper, and diamond systems, along with a proven track record in both exploration and production. Notably, he was part of the team that received the 2008 Developer of the Year Award at Hemlo Gold Mines, Ontario. Independent Directors John WilliamsonP. Geol. Independent Director / Chairman +35 years experience in the global mining sector. John has been chairman and founder of >20 successful companies . He is the Founder of the Metals Group of companies, having raised more than $1B CAD in public and private entities over the past 35 years of exploration, development and mining projects worldwide. Ian HarrisB. Sc. Eng. Director +25 years mining sector, accomplished senior mining executive leading worldwide mining projects from open-pit and underground development to processing operations.

Verified data last updated: 2026-06-01

Investor FAQ

• Latest news?
• Upcoming catalysts?