Emperor Metals Inc. logo

Emperor Metals Inc.

CSE:AUOZLive AI agent

Emperor Metals Inc.

Investor website: https://www.emperormetals.com/

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
194850005
Fully diluted shares
242289794
Mineral resource
The 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.
Projects
["The 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. Property Highlights: - 105,000 meters of drilling has been completed (both above ground and underground) - Over 3.3 km of underground development is in place, including portal, and vent raise with only limited bulk sample mining - Two bulk samples (2009 –2010) with an average recovery of 96.3% (2,950 oz Au recovered @ 4.35 g/t Au) - Potential 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 - Very close to infrastructure in area; within Rouyn municipal limits - Potential pre-production scenario for Emperor - Estimated +70 Million dollars in prior expenditures on infrastructure and drilling on site (today's terms) - Significant potential to expand gold resource.","The 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. Duquesne West hosts a large-scale gold system with both open-pit and underground development potential. Resource Highlights: - 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 (see Emperor Metals news release dated February 25, 2025) - Ongoing infill drilling continues to support potential grade enhancement and resource growth. A fully funded ~10,000 metre drill program is currently underway and focused on: - Expanding the existing resource - Testing high-priority growth targets - Advancing both open-pit and underground development concepts - Supporting future resource updates. Results from the 2023 drilling campaign were integrated into Emperor’s proprietary A.I.-assisted targeting models, helping refine and prioritize targets for subsequent drilling. The 2024 campaign totaled 8,166 metres and focused on: - Expanding the conceptual open pit footprint - Increasing potential ounces in a cost-effective manner - Optimizing stripping ratios - De-risking future mining scenarios - Advancing a new conceptual open-pit model alongside the historical underground framework. Emperor 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."]
Leadership
John Florek (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 Labrecque (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.), John Williamson (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 Harris (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:

Recent filings

Investor FAQ

About Emperor Metals Inc. (CSE:AUOZ)