https://www.miningweekly.com

Emperor makes option payments to initiate Duparquet West gold project

20th January 2023

By: Creamer Media Reporter

     

Font size: - +

Exploration company Emperor Metals has completed its first share payment of 1.5-million shares and a second cash payment of C$450 000 under its option agreement to acquire the Duparquet project, in Quebec.

The company can acquire a mineral claim package comprising 38 claims, covering 1 389 ha, from Duparquet Assets – a 50% subsidiary of TSX-listed Globex Mining Enterprise.

“We are excited to bring market attention to this unique opportunity to delineate resource extensions of this high-grade gold deposit in a tier-one mining district,” said Emperor CEO John Florek.

Emperor will start a drilling programme in the second quarter of 2023, after coalescing and finalising the available geological databases, which span decades.

The property hosts a historical inferred mineral resource estimate of 727 000 oz of gold at a grade of 5.42 g/t.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.949s - 110pq - 2rq
Subscribe Now