Globex Mining Enterprises Inc. has announced promising developments regarding the Duquesne West property, following the initial assay results from Emperor Metals Inc.’s drilling campaign. The results from the first three drill holes (DQ 24-01 to DQ 24-03) indicate significant potential for a large, low-grade open-pit gold deposit in Duparquet Township, Quebec.
The recent drilling program, which encompasses a total of 19 holes over 8,166 meters, aims to validate the existence of additional gold resources within a conceptual open-pit model. Historical estimates suggest that the Duquesne West property contains approximately 727,000 ounces of gold at an average grade of 5.42 g/t. The current drill results revealed:
- DQ24-02: Intersected 52.1 meters grading 0.8 g/t Au.
- DQ24-03: Revealed 30.2 meters grading 0.4 g/t Au.
These findings support Emperor’s hypothesis of low-grade bulk tonnage mineralization that remains largely unexplored within the property’s geological framework. John Florek, President and CEO of Emperor Metals, emphasized that these results could lead to a significant increase in the forthcoming mineral resource estimate expected in early 2025.
The drilling strategy focuses on near-surface mineralization to expedite resource accumulation at a lower grade compared to traditional underground mining methods. The ongoing exploration aims to expand the footprint of known high-grade zones, identify additional lower-grade bulk tonnage resources, and enhance the economic viability of the project through efficient resource management.
Globex is closely monitoring these developments and anticipates further assay results that could bolster the potential for a large-scale, economically feasible gold operation.
The geological information provided in this article was provided by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.
In related news, Azimut Exploration has initiated a 2,000-meter drilling program on its Kukamas property in Quebec, which is adjacent to Globex’s Tyrone project. This area has shown promise for gold and base-metal occurrences, further highlighting the active exploration landscape in Quebec’s mining sector.
As Emperor Metals continues its drilling campaign at Duquesne West, stakeholders remain optimistic about the potential for expanding mineral resources and enhancing project viability. The results thus far not only affirm the strategic direction but also pave the way for future exploration and development efforts in this historically rich mining region.
