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EMP Metals Corp EMPPF


Primary Symbol: C.EMPS

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 28, 2024 7:30pm
66 Views
Post# 36285954

EMPS Begins Drilling Third Lithium Well at Mansur Project

EMPS Begins Drilling Third Lithium Well at Mansur Project

Last week, EMP Metals Corp. (Ticker: EMPS.c, EMPPF for U.S. investors)  announced that it has started drilling a third lithium well, named "1-29," at its Mansur lithium brine project in Saskatchewan. 

EMP Metals is a Canadian lithium exploration company that focuses on direct lithium extraction (DLE) technologies. It holds around 200,000 net acres of subsurface dispositions and strategic wellbores across Southern Saskatchewan.

The drilling effort at Mansur aims to expand the established lithium pool and support Mansur's potential to become an independently viable project.

r/smallstreetbets - EMP Metals (CSE: EMPS, OTCQB: EMPPF) Begins Drilling Third Lithium Well at Mansur Project, Saskatchewan

Notable aspects of this initiative are:

  • Objective: The new well aims to build on previous drilling results, enhancing the project’s National Instrument 43-101 Resource Report, with completion expected by the end of this quarter.

  • Drilling Duration: The drilling of well 1-29 is estimated to take one week, followed by three weeks of brine concentration testing within the target formation.

  • Previous Results: Earlier well re-entries at Mansur reported lithium concentrations ranging from 96 to 148 mg/l, and brine flow rates up to 528 m³/day.

  • Competitive Advantages: The brine at Mansur is both high in lithium concentration and free of contaminants like HS or oilfield residues, with extraction occurring at shallow depths—factors that could reduce costs.

Karl Kottmeier, CEO of EMP Metals, highlighted Mansur’s potential, emphasizing its favorable extraction conditions and strong lithium grades, which may position it competitively among North American projects.

Full press release: https://empmetals.com/emp-metals-spuds-lithium-well-at-mansur-project-saskatchewan/

Posted on behalf of EMP Metals Corp.

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