High-grade gold mineralization at Duquesne West in Quebec, potential future mining opportunities

From GlobeNewswire: 2025-01-08 09:00:00

Globex Mining Enterprises Inc. reports additional results from Emperor Metals Inc.’s 2024 drill program, including 8,166 meters of drilling across 19 new holes and 8,000 meters of historical core assays. Notable highlights include high-grade gold mineralization at the Duquesne West property in Quebec, with significant opportunities for future mining economics.

Key results include Hole DQ-24-124.1 with 7.1 g/t Au over 38.3 m and Hole DQ24-110 with 10.5 g/t Au over 56.1 m. Emperor Metals President John Florek sees potential for optimizing and expanding mining boundaries with this additional high-grade mineralization. A Mineral Resource Estimate (MRE) is expected in Q1 2025.

Emperor Metals prepaid the $500,000 cash portion of the 2025 option payment on December 24, 2024, with the share portion expected soon. Globex, 50% owner of the Duquesne West property, is pleased with Emperor’s progress. Emperor’s President and CEO, Jack Stoch, is the Qualified Person (Q.P.) under NI 43-101 for this release.

Forward-looking statements in the news release highlight potential risks and uncertainties. Shareholders can access detailed information in the press release by clicking the provided link. Contact President & CEO Jack Stoch for further information on Globex Mining Enterprises Inc. at [email protected].



Read more at GlobeNewswire: Broad Gold Intersections reported at Duquesne West