Emperor Metals Resumes Drilling at Duquesne West Gold Property
Emperor Metals Aims to Expand Gold Deposits
Globex Mining Enterprises Inc. is thrilled to announce that Emperor Metals Inc. is resuming drilling activities at the Duquesne West Gold Property. This strategic move comes as part of an option agreement with Duparquet Assets Ltd., which is partly owned by Globex.
Significant Historical Drilling Accomplishments
With an impressive track record, Emperor has conducted approximately 120,000 metres of drilling in the past. They estimate that this effort only accounts for about 15% to 20% of what is necessary to fully define the gold deposit to a depth of 1,000 metres. Current estimates point toward a conceptual model orebody containing approximated 1.46 million gold ounces, with 44% potentially accessible through open-pit mining, while the remaining 56% is suited for underground mining methods.
Future Drilling Program Details
The forthcoming drilling program is set to encompass a total of between 10,000 and 15,000 metres. This program is primarily focused on broadening the open-pit footprint, enhancing the mineral resource within the host rock surrounding high-grade lenses as well as twinning some historical drill holes. The focus will also be on holes that were either excluded from the Mineral Resource Estimate (MMRE) or downgraded due to the absence of core or collar data. Additionally, Emperor plans to assay unsampled historical core, derived from Globex’s core library within the detectable open-pit boundaries.
Invitation for Shareholders
Globex invites all shareholders to engage with the complete announcement provided by Emperor Metals regarding their ambitious plans for the Duquesne West Property. The details of this press announcement are sure to resonate with investors eager to keep track of global mineral market advancements.
Company Contact Information
For any further inquiries, shareholders and interested parties are encouraged to contact:
Jack Stoch, P.Geo., Executive Chairman and CEO
Globex Mining Enterprises Inc.
120 Carlton Street, Unit 219
Toronto, ON M5A 4K2
Tel.: (819) 797-5242
Fax: (819) 797-1470
Email: info@globexmining.com
Website: www.globexmining.com
Frequently Asked Questions
What is the main focus of Emperor Metals' drilling program?
The primary aim is to expand the open-pit footprint and increase incremental ounces in the surrounding rock, as well as to twin historical drill holes.
How much drilling has Emperor Metals done in the past?
Emperor Metals has conducted around 120,000 metres of drilling historically.
What are the estimated gold reserves of the Duquesne West Property?
The conceptual model suggests an orebody of around 1.46 million gold ounces, with roughly 44% potentially mined by open-pit methods.
What is the expected length of the upcoming drilling program?
The upcoming drilling program is planned to be between 10,000 and 15,000 metres in length.
Where can shareholders find more detailed information?
Shareholders can find more information in the complete press release issued by Emperor Metals and by contacting Globex directly.
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