Nine Mile Metals Ltd. press release
Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) Has More Going For It Than Unprecedented Gold Prices
CSE - Canadian National Stock Exchange · Copper · Zinc · Lead · Silver · Gold · Indium · Canada
Gold prices have surged to record highs, providing a favorable market for gold exploration companies. Bullion rose to $2,634.90 an ounce and spot gold was at $2,666.99 an ounce on September 25. Emperor Metals’ flagship Duquesne West Gold Project is believed to host a historical estimated mineral resource of 727,000 ounces of gold, at a high grade of 5.42 g/t and a robust average thickness of 5.7 meters. The company’s current drill program is focusing on the open-pit concept revealed during last year’s program, with the open-pit model indicating gold potential on top of the existing high-grade underground gold resource, enabling multiple production scenarios.
Gold prices have continued to hit all-time highs through September, with the spot price reaching $2,666.99 an oz on Sept. 24, 2024.
Global conflicts, financial uncertainty, central bank buying, and the Federal Reserve lowering interest rates are driving investors and governments to the...
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NOTE TO INVESTORS:The latest news and updates relating to EMAUF are available in the company’s newsroom athttps://ibn.fm/EMAUF
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