Emperor Metals hits 21.3 m of 3.0 g/t Au at Duquesne West

Edmonton, Alberta--(Newsfile Corp. - July 29, 2026) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) (" Emperor ") is pleased to report results from the latest assay release of its 2026 exploration campaign at the Duquesne West Project. The program integrates more than 20,000 meters of new drilling with 8,000 meters of targeted historical core resampling, adding over 28,000 meters of new data to further refine and expand the resource model. With more than 135,000 meters of drilling completed to date, these results represent another significant step toward Emperor's objective of advancing the project to a Preliminary Economic Assessment (PEA) in the near term.

Highlights and Overview: 21.3 meters (m) grading 3.0 g/t Au , from 65 meters ( 45 meters vertical depth ) 27.9 (m) grading 0.5 g/t Au, 14.8 (m) grading 0.9 Reporting of 31 of 66 holes drilled this year. 36% of total assays reported for this completed drilling program. CEO John Florek commented : "We continue to validate the project's compelling economic potential. The intersection of 21.3 meters grading 3.0 g/t Au, encountered at 64 meters downhole (approximately 45 meters vertical depth) within our conceptual Phase 1 open pit, demonstrates the presence of thick, high-grade gold mineralization projecting toward surface.

This intercept strengthens our conviction that a higher-grade, near-surface resource can materially improve the economics of a future PEA by increasing the grade of the initial mining phase. More importantly, it supports our long-term strategy of defining a large-scale, high-grade open-pit gold project targeting average grades in excess of 2.0 g/t Au; a profile that would distinguish the project from many conventional bulk-tonnage open-pit operations. " Discussion Emperor Metals has demonstrated a unique vision for advancing the re-conceptualized open-pit project through the strategic applicati