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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 Oct 18, 2024 7:41pm
55 Views
Post# 36272621

EMPS Expands Lithium-Rich Zones (News Summary + Video)

EMPS Expands Lithium-Rich Zones (News Summary + Video)

EMP Metals Corp. (EMPS.c, EMPPF for U.S. investors) is a leading player in the Canadian lithium exploration and development sector, specializing in large-scale lithium extraction projects through Direct Lithium Extraction (DLE). The company focuses its operations in Saskatchewan, a mining-friendly region known for its favorable regulatory environment.

Key Assets and Strategic Focus

EMP Metals holds an extensive land package, totaling 196,000 net acres (approximately 79,300 hectares) of subsurface dispositions and wellbores. These assets are strategically located in Southern Saskatchewan, specifically targeting the Duperow formation in the Viewfield area.

r/PennyStocksCanada - EMP Metals (EMPS.c, EMPPF) Expands Lithium-Rich Zones in Saskatchewan, Drives Innovation with DLE Technology (News Summary + Video)

The company’s focus on DLE technology is seen as a game-changer in the lithium industry, as it allows for more efficient extraction from brine resources, positioning EMP Metals at the forefront of lithium innovation in Canada.

Recent Exploration Results

Recent step-out drilling results from EMP Metals' Viewfield project revealed significant lithium concentrations across multiple zones:

  • One well, located 10 km from the initial discovery, returned lithium concentrations of 157 mg/L and 139 mg/L.

  • A newly discovered lithium-bearing zone returned 72 mg/L, adding to the confidence in the project's scalability and resource continuity.

These results indicate the presence of extensive lithium-rich zones, expanding the company's known resource area. This continuity across the land base is a promising sign for EMP Metals as it aims to solidify its position in Western Canada's rapidly growing lithium market.

Future Development Plans

EMP Metals is preparing to update its resource estimates based on these positive results, further validating the potential of its assets.

A Front-End Engineering Design (FEED) study is also planned, which will be critical in guiding the next steps in development and supporting the company’s goal of advancing lithium extraction technologies.

Full press release here: https://empmetals.com/emp-metals-reports-high-grade-lithium-concentrations-across-multiple-zones-discovered-in-step-out-drilling-at-viewfield/

Posted on behalf of EMP Metals Corp.

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