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

Table 1
Drill Hole Information

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