COMMUNIQUÉ DE PRESSE

par Emergent Metals Corp. (isin : CA2909283087)

Emergent Metals Corp. Intersects 19.96 g/t Gold and 5.13 g/t Silver over 1.1 Meters at Its Trecesson Property, Quebec

VANCOUVER, BC / ACCESSWIRE / April 17, 2023 / Emergent Metals Corp. (TSXV:EMR)(OTC:EGMCF)(FRA:EML)(BSE:EML) ("Emergent" or the "Company") is pleased to provide results from the Phase 1 drill program (the "Program") at its Trecesson Property, Quebec ("Trecesson" or the "Property"). Trecesson is a 2,360-ha property located 13 km west of the town of Amos, in the Abitibi Region of Quebec. The Program consisted of 17 NQ size core holes totaling 2,349 m of drilling, focused on testing the Cossette North and South vein systems. The most significant intercept was found in hole TR-23-03 where grades averaged 19.96 g/t Au and 5.13 g/t Ag over 1.1 m in length. This value corresponds to one of the intersections where visible gold was logged by geologists, as announced by the Company in a January 31, 2023 press release.

About the Phase 1 Drill Program

The Phase 1 drill program was designed to extend and deepen the North and South Cossette vein targets. Seventeen NQ size drill holes were completed for a total of 2,349 m of drilling. Drilling was completed by Diafor Inc. and project management, permitting, core logging, and sampling was completed by Mercator Geological Services.

Drill hole locations are shown in Figure 1. Drill hole information is shown in Table 1. Table 2 shows significant intercepts from all the drill holes, with gold grades greater than or equal to 0.5 g/t Au. Significant intersections greater than or equal to 1.0 g/t Au include:

  • 19.96 g/t Au and 5.13 g/t g over 1.1 m from 59.6-60.7 m down the hole in TR-23-03 (including visible gold at 59.72 m);
    • Including 24.7 g/t Au and 9.5 g/t Ag over 0.4 m from 59.6-60.0 m down the hole
    • Including 29.9 g/t Au and 4.6 g/t Ag over 0.4 m from 60.3-60.7 m down the hole
  • 3.45 g/t Au over 0.4 m from 70.6-71.0 m down the hole in TR-23-04 (including visible gold at 70.87 m);
  • 2.94 g/t Au over 1.0 m from 127.9-128.9 m down the hole in TR-23-07;
  • 2.31 g/t Au over 0.55 m from 13.65-14.2 m down the hole in TR-23-10;
  • 1.04 g/t Au over 1.5 m from 112.4-113.9 m down the hole in TR-23-13
    • Including 5.09 g/t Au over 0.6 m from 112.4-13.0 m down the hole
    • Including 3.1 g/t Au over 0.4 m from 113.5-113.9 m down the hole
  • 1.69 g/t Au over 0.4 m from 108.6-109.0 m down the hole in TR-23-14.

David Watkinson, President and CEO of Emergent stated, "Our program confirmed the potential for high grade gold mineralization (greater than or equal to 10 g/t Au) on the Trecesson Property and further enhanced our knowledge of the Cossette vein systems. Our next steps are to update our geologic model of historical and new drilling at Trecesson, complete a prospectivity targeting exercise to highlight potential exploration targets on the claim block, and we then plan to design and permit a Phase 2 drilling program."

Figure 1
Drill Hole Locations

Emergent Metals Corp., Monday, April 17, 2023, Press release picture

Table 1
Drill Hole Information

Hole Number

Vein

System

Northing*

Easting*

Elevation

(m)

Azimuth

(degrees)

Inclination

(degrees)

Length

(m)

TR-23-01

Cossette South

5391584

704728

313

270

-45

192

TR-23-02

Cossette South

5391512

704648

315

290

-45

99

TR-23-03

Cossette South

5391400

704599

320

290

-45

75

TR-23-04

Cossette South

5391400

704599

320

290

-60

87

TR-23-05

Cossette South

5391448

704621

319

290

-45

96

TR-23-06

Cossette South

5391431

704653

331

290

-45

120

TR-23-07

Cossette South

5391488

704692

314

290

-45

156

TR-23-08

Cossette North

5391834

704526

315

270

-45

183

TR-23-09

Cossette North

5391834

707526

315

270

-60

213

TR-23-10

Cossette North

5392189

704328

316

238

-45

87

TR-23-11

Cossette North

5392129

704374

323

270

-45

84

TR-23-12

Cossette North

5392130

704370

316

315

-55

111

TR-23-13

Cossette North

5392222

704372

317

238

-50

123

TR-23-14

Cossette North

5392185

704411

321

238

-45

126

TR-23-15

Cossette North

5392146

704458

318

238

-45

156

TR-23-16

Cossette North

5392145

704455

328

270

-45

216

TR-23-17

Cossette North

5392163

704507

313

238

-45

225

Table 2
Significant Drill Intercepts (greater than or equal to 0.5 g/t Au)

Hole Number

From (m)

To

(m)

Length (m)*

Au

(Au-AA23)

(g/t)

Au

(Au-GRA21)

(g/t)

Au

(Au-SCR)

(g/t)

Ag

(ME-ICP61)

(g/t)

Cu

ME-ICP61)

(ppm)

Pb

ME-ICP61)

(ppm)

Zn

ME-(ICP-61)

(ppm)

TR-23-01

176.2

176.7

0.5

0.623

-

-

1.9

2,460

42

123

TR-23-02

No Significant Intercepts

TR-23-03

59.6

60.0

0.4

-

-

24.7

9.5

2,290

11,550

1,710

And

60.0

60.3

0.3

0.869

-

0.395

0.025

6

13

25

And

60.3

60.7

0.4

-

27.6

29.9

4.6

109

5,290

81

TR-23-04

70.6

71.0

0.4

-

-

3.45

1.2

158

72

33

TR-23-05

No Significant Intercepts

TR-23-06

105.6

106.1

0.5

0.66

-

-

0.025

25

2

22

TR-23-07

127.9

128.9

1.0

2.94

-

-

0.8

48

1,580

5,750

TR-23-08

48.7

49.7

1.0

0.514

-

-

0.025

3

6

49

TR-23-09

No Significant Intercepts

TR-23-10

13.65

14.2

0.55

2.31

-

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