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Bullboard - Stock Discussion Forum 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... see more

CSE:EMPS - Post Discussion

EMP Metals Corp > EMPS Video Update Summary (High-Grade Lithium Discoveries)
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Post by 1StockInformer on Oct 15, 2024 6:35pm

EMPS Video Update Summary (High-Grade Lithium Discoveries)

EMP Metals Corp. (EMPS.c | EMPPF), a growing player in Canadian lithium exploration and development, recently announced promising lithium assay results from step-out drilling at their Viewfield project in Saskatchewan.

r/wallstreetsmallcaps - Update Video Summary: EMP Metals (CSE: EMPS | OTCQB: EMPPF) Expands Lithium Resource with High-Grade Discoveries in Step-Out Drilling

The company focuses on leveraging direct lithium extraction (DLE) technology to target large-scale lithium resources in this favorable mining region.

In their latest video update, EMP Metals revealed that well 8-24, located 10 km north of the original discovery well (2-22), returned a lithium concentration of 157 mg/L in the Wymark D zone, reinforcing the presence of significant lithium across multiple zones within the Duperow formation. 

The company also highlighted the discovery of a new lithium-bearing zone, the Souris River Zone, with comparable concentrations to other known zones in the area. 

These developments underscore the project's scalability and enhance confidence in the continuity of lithium resources across EMP's extensive land base of 196,000 net acres (approximately 79,300 hectares) of subsurface dispositions and wellbores.

Paul Schubach, COO, emphasized the importance of these results in de-risking the project and setting the stage for future extraction plans.

Karl Kottmeier, CEO, expressed optimism about the newly tested Souris River Zone, which is expected to further increase the company's resource estimate as they move towards updating their mineral resource assessment and completing a front-end engineering design (FEED) study. 

This study will play a crucial role in guiding EMP Metals' next phase of development, as the company continues to position itself to help meet future lithium demand as the global energy transition accelerates.

Full video: 

Posted on behalf of EMP Metals Corp.

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