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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 Begins Drilling Third Lithium Well at Mansur Project
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Post by 1StockInformer on Oct 28, 2024 7:30pm

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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