Emp Metals Announces Results of Lithium Preliminary Resource Assessment
Tel: 604-689-7422 208A - 980 West 1st Street, North Vancouver, BC V7P 3 N4
EMP METALS ANNOUNCES RESULTS OF LITHIUM PRELIMINARY
RESOURCE ASSESSMENT
Vancouver, British Columbia, May 2, 2023 – EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF)
(“EMP Metals” or the “Company”) is pleased to announce the results of Hub City Lithium Corp.
(“Hub City Lithium”) National Instrument 43-101 Technical Report on the lithium brine potential
and preliminary resource assessment (“Preliminary Assessment”) for the Mansur and Viewfield
project areas.
The Preliminary Assessment confirms an inferred lithium resource of 1.15 million tonnes of
lithium carbonate equivalent (“LCE”) at a weighted average grade greater than 143 mg/l within
Hub City Lithium’s Mansur and Viewfield project areas. The Preliminary Assessment evaluates
more than 300 wells within the region and evaluates 8 stacked zones of high lithium
concentrations within the Duperow formation.
Importantly, the Preliminary Assessment also identifies an inferred resource of greater than
500,000 tonnes with concentrations above 198 mg/l with a cutoff grade of 140 mg/l applied.
Hub City Lithium remains focused on areas of highest economic potential which combine high
reservoir capacity and high lithium concentrations to create a value density that is expected to
optimize development economics. Clearly, the Hub City Lithium projects are showing excellent
value density, which combined with the relatively shallow 1,800m drill depths and no
contamination from H2S or oil residue, is expected to improve project economics over the initial
stages of development and during critical payout periods.
“The reservoir quality and high lithium concentrations of up to 259 mg/l have created an
unusually high value density within our project areas. We certainly believe that this value density
will lead to significant development advantages. We are excited to now be working with Sproule
to develop a Preliminary Economic Assessment and outline the capital and lifting cost advantages
of this project,” commented Cam Taylor, ROK Resources CEO and Technical Manager of the
project.
Tel: 604-689-7422 208A - 980 West 1st Street, North Vancouver, BC V7P 3 N4
Resource Details By Project Area
Mansur Project Area
• Total inferred resource net to Hub City Lithium is 503,450 tonnes LCE
• 10.0% Average effective porosity across 79.5 meters of net reservoir
• Wymark B, (76.9 mg/l) Wymark C (148.0 mg/l) Wymark E (103.4 mg/l) have a blended
weighted average concentration of 110.5 mg/l and a combined lithium in place of 244,850
tonnes LCE
• Extended flow tests have confirmed high flow capability
Viewfield Project Area
• Total inferred resource net to Hub City Lithium is 747,500 tonnes LCE
• Viewfield concentrations ranged from 52.8 mg/l to 258.6 mg/l across 8 Duperow zones
• 12.8% average effective porosity across 81.0 meters of net reservoir in all 8 zones
• 6 zones have concentrations above 90 mg/l representing more than 80% of lithium in
place
• Weighted average of 6 zones blended is 152.7 mg/l with a lithium in place of 650,000
tonnes LCE
• Porosities within the 6 zones range from 14.0% to 20.4% over 60.4 meters of net
reservoir
• Value density of 14,476 tonnes LCE per square mile at 152.7 mg/l
• Extended flow tests have confirmed high flow capability
Next Steps
A follow up vertical well at Viewfield will be drilled and tested no later than Q3 2023 to provide
additional test data and to provide a water disposal well for future flow testing of horizontal
wells.
Sproule Holdings Limited (“Sproule”) has been engaged to assist with a Preliminary Economic
Assessment (“PEA”) on the Viewfield project area. This PEA will provide an economic
framework for an initial commercial development covering a 16 square mile block surrounding
the initial test well.
The initial phase of the PEA will only be evaluating a portion of Hub City Lithium’s land,
specifically 4,100 hectares (10,000 acres) which represents approximately 5% of its land
holdings. Step by step expansion of the PEA into the offsetting land blocks will allow Hub City
Lithium to expand its development program and the ultimate recoverable resource.
Tel: 604-689-7422 208A - 980 West 1st Street, North Vancouver, BC V7P 3 N4
Selection of a direct lithium extraction (“DLE”) technology provider is underway with large
samples currently being sent for testing by multiple prospective DLE technology providers.
Joint Venture
EMP Metals and ROK Resources Inc. (“ROK”) (TSXV: ROK) jointly own HCL, holder of 192,000 net
acres (77,700 hectares) of mineral titles in Saskatchewan. EMP Metals has a seventy-five (75%)
percent interest in HCL, with the balance owned by ROK.
Qualified Person
The scientific and t echnical content relating to the mineral resources presented in this news
release has been reviewed and approved by Mr. Trevor Else, P. Geo., of Red Tree Exploration Inc.
Mr. Else is independent of EMP Metals and a Qualified Person for the purposes of National
Instrument 4 3-101. The Technical Report supporting this disclosure will be filed at
www.sedar.com and available at www.empmetals.com within 45 days of this news release.
Quality Control and Quality Assurance
Swab tests were performed by Red Hawk Well Servicing, with the use of a downhole mechanical
swabbing string and associated surface equipment. Swabbing and ESP flow testing volumes were
monitored Test Pro Energy Services. The Company uses industry standard quality assurance and
quality control protocols in carrying out its exploration activities.
About EMP Metals
EMP Metals is a Canadian-based exploration company focused on the acquisition and exploration
of mineral projects with significant development potential. EMP, in partnership with ROK
Resources, currently holds 192,000 net acres (77,700 hectares) of mineral titles in the Williston
basin of Southern Saskatchewan. For more information , please go to the Company’s website at
www.empmetals.com
For more information, please contact:
Rob Gamley, President & CEO
Phone: 1-604-689-7422
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
Tel: 604-689-7422 208A - 980 West 1st Street, North Vancouver, BC V7P 3 N4
estimates, beliefs, intentions and expectations. They are not guarantees of future performance.
EMP Metals cautions that all forward -looking statements are inherently uncertain, and that
actual performance may be affected by a number of material factors, many of which are beyond
EMP Metals' control. Such factors include, among other things: risks and uncertainties relating to
EMP Metals' limited operating history, ability to obtain sufficient financing to carry out its
exploration and development objectives on its mineral properties, obtaining the necessary
permits to carry out its activities and the need to comply with environmental and governmental
regulations. Accordingly, actual and future events, conditions and results may differ materially
from the estimates, beliefs, intentions and expectations expressed or implied in the forward -
looking information. Except as required under applicable securities legislation, EMP Metals
undertakes no obligation to publicly update or revise forwa rd-looking information.
The Canadian Securities Exchange has neither approved nor disapproved the information
contained herein and does not accept responsibility for the adequacy or accuracy of this news
release.