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EMP Metals Corp C.EMPS

Alternate Symbol(s):  EMPPF

EMP Metals Corp. is a Canada-based lithium exploration and development company focused on large scale resources using direct lithium extraction (DLE). The Company, through its partnership with ROK Resources Inc., holds 196,000 net (79,300 hectares) acres of subsurface dispositions and strategic wellbores in Southern Saskatchewan. Its Mansur Permit Area, Tyvan Permit Area and View field Permit Area cover an area extending 40 miles north and 40 miles east of the City of Weyburn. The Company is focused on the exploration and development of its highly prospective lithium brine properties (the Li-Brine Properties). In the Mansur property region, the Duperow formation has tested up to 190mg/l in the offsetting 141/14-12-7-11W2 well. The Company also has 101/14-36-008-13 W2M and 141/08-03-009-13 W2M (Second Test Well) wellbores, which are in the Mansur Permit Area of southeast Saskatchewan.


CSE:EMPS - Post by User

Post by 1StockInformeron Sep 06, 2024 7:05pm
44 Views
Post# 36212686

EMPS' Vertical Well Success & Innovative Horizontal Drilling

EMPS' Vertical Well Success & Innovative Horizontal Drilling

EMP Metals Corp. (TSXV: EMPS.c, OTC: EMPPF), a Canadian lithium exploration and development firm, recently reported significant advancements in its summer drilling activities at the Viewfield Project, located in Saskatchewan.

Focused on large-scale lithium resources using Direct Lithium Extraction (DLE), EMP Metals continues to make strides in expanding its lithium resource base. The company controls 196,000 net acres of Subsurface Dispositions and multiple strategic wellbores in Southern Saskatchewan. 

r/Wallstreetbetsnew - EMP Metals (EMPS.c) Reports Progress in Lithium Exploration with Vertical Well Success and Innovative Horizontal Drilling at Viewfield Project

Key updates from the recent press release include: 

- Vertical Well Completion:

  - EMP Metals successfully completed its first vertical test well in the northern part of the Viewfield Project.

  - The well was drilled to confirm lithium concentrations and study the characteristics of the reservoir.

  - Approximately 72 meters of core were extracted to assess the formation's permeability and porosity.

- Strategic Data Collection:

  - Brine sampling is underway, and core samples have been sent to Calgary for analysis, with full results expected within two months.

  - Data from core samples and brine testing will be crucial for EMP Metals to enhance its geological model and correlate findings across its large land holdings.

- Horizontal Well Drilling:

  - In a groundbreaking move, EMP Metals has initiated its first horizontal well targeting the Duperow formation.

  - The horizontal well, considered one of the first for lithium brine extraction in Saskatchewan—and potentially North America—features two parallel one-mile horizontal legs.

  - This design aims to achieve an initial flow rate of 1,000 cubic meters per day, with extended testing to monitor flow rates and pressure.

  - Paul Schubach, COO of EMP Metals, expressed optimism about the horizontal well's potential to enhance lithium recovery. He highlighted that horizontal drilling may offer improved flow rates and lithium concentration control over traditional vertical wells.

- Next Steps:

  - The drilling of the horizontal well is expected to be completed within the next seven days.

  - Following this, the site will be prepared for flow testing.

  - Initial results from the vertical well’s brine sampling are anticipated in the coming weeks, with further updates to follow.

Check out the full press release for more details: https://empmetals.com/emp-metals-completes-8-24-vertical-well-and-commences-4-23-horizontal-well-in-southeast-saskatchewan/

Posted on behalf of EMP Metals Corp.


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