Emperor Metals Inc. announced additional assay results from the summer 2023 drilling campaign at the Duquesne West Gold Project. A total of 14 diamond drillholes has been completed which represents 8,579 metres. Summary of Drill Results: DQ23-06 intersection (5.2 m of 2.1 g/t Au) was designed to extend mineralization +500 meters eastward along strike and down plunge of high-grade mineralization.

It intersected mineralization predicted by the model, which will help to potentially increase the grade and add ounces laterally to the mineralized stopes model. DQ23-09 intersection (13.2 Metres of 3.8 g/t Au (including 5.6 m of 7.5 g/t Au)) was designed to intersect near-surface mineralization to begin the strategic drilling of development of a potential area of development for a Phase 1 open pit. These partial results and the drill core visuals from its 2023 campaign suggest resource expansion within and outside the open pit concept.

The open pit concept in Image 1 shows an ultimate pit with a depth extent to 400 meters; the footprint is 1.8 km by 0.8 km. Initial exploration will strategically focus on the area of the phase 1 pit design. This will allow it to determine the potential economics as it progress through the phases having the necessary assay results for resource evaluation and eventually for economic evaluations.

Currently, Emperor is sampling near-surface core from the historical core library that was not assayed by previous explorers. Up to 70% of this core has not been assayed. So far, over 3,000 meters have been sampled and will be sent to the laboratory for analysis.

Partial assays for these reported drillhole results continue to increase confidence to consider an open pit potential to the Duquesne West deposit. Full laboratory results for drillholes DQ23-01, 03, 04, 05, and 09 have been received. DQ23-09 was rushed through the laboratory to advance its understanding related to near surface mineralization.

Approximately 65% of the assays have been returned from the laboratory, Emperor is still awaiting additional assays results. A total of 14 diamond drillholes were completed this summer on this property.