Frankfurt & Munich Exchanges: EML Emergent Metals Corp. Reports Cyanide Recoveries of 81% FOR GOLD and 60% FOR Silver from WEST Santa Fe, Nv
EMERGENT METALS CORP.
620-1111 Melville Street,
Vancouver, B.C. V6E 2V6
www.emergentmetals.com
April 15, 2026 TSX Venture Exchange: EMR
OTCQB: EGMCF
Frankfurt & Munich Exchanges: EML
EMERGENT METALS CORP. REPORTS
CYANIDE RECOVERIES OF 81% FOR GOLD AND 60% FOR SILVER
FROM WEST SANTA FE, NV
Vancouver, British Columbia, April 15 , 2026 – Emergent Metals Corp. (TSXV: EMR, OTC:
EGMCF, FRA: EML, MUN: ELM) (“Emergent” or the “ Company”) is pleased to announce that
Lahontan Gold Corp. ( TSXV: LG) (“Lahontan”) has reported analysis of pulp samples from its 2025
maiden drilling program (the “Program”) at Emergent’s West Santa Fe Property (“West Santa Fe” or the
“Property”). Lahontan has the option to acquire a 100% interest in the Property by completing US$1.8
million in cash or share payments and US$1.4 million in work expenditures on the Property (total US$3.2
million) over seven years.
West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship
Santa Fe Mine. It represents a potential satellite deposit to the Santa Fe Mine , or potentially a stand-alone
project, subject to exploration success. The exploration database includes 171 drill holes totaling about
13,000 meters, with historic drilling and metallurgical test work completed in the 1980s and 1990s.
Lahontan completed six modern exploration reverse circulation (“RC”) holes in late 202 5, totaling 593
meters.
As announced in a Lahontan press release on April 13, 2026, Lahontan’s metallurgical test work showed
high levels of cyanide (“CN”) extraction for gold and silver, which corroborates and validates historic
metallurgical test work at West Santa Fe (see Lahontan’s press release for details). Highlights include:
• CN extractable gold averaged 81% compared to the original fire assay gold values for individual
pulp samples. This is a very high CN extraction ratio and is greater than the projected gold recovery
reported in historic metallurgical testing for West Santa Fe.
• CN extractable silver averaged 60% compared to the original ICP and fire assay analyses. This
represents a high CN extraction ratio, particularly for silver, and is greater than the projected silver
recovery reported in historic metallurgical testing for West Santa Fe.
Lahontan submitted 158 pulp samples from its 2025 RC drilling prog ram (i.e. the Program) for CN -
extractable gold and silver analyses, a method that mimics potential gold and silver recoveries utilizing CN
heap leach processing. The samples represent all the significant gold and silver intercepts from the
Program, as disclosed in Lahontan press releases dated February 5, 10, 18, and 24, 2026.
David Watkinson, President and CEO of Emergent, stated, “This recent metallurgical test work at West
Santa Fe, along with historical test work, shows the deposit is amenable to heap leach processing. While
additional metallurgical test work will be required to optimize recovery, the test work helps to demonstrate
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the potential for West Santa Fe to be developed as a satellite operation to Lahontan’s Santa Fe Mine or as
a stand-alone project. Lahontan just completed a private placement for an aggregate of CAD$13.6 million
(see press release dated April 8, 2026) , and they indicate that they plan to conduct further drilling at West
Santa Fe and Santa Fe Mine in 2026.”
Emergent Retains Think Ink Marketing
Emergent announces that it has entered into an investor relations and digital marketing services agreement
dated April 13, 2026 (the “Agreement”) with Think Ink Marketing Data and Email Services (“Think Ink”),
a California limited liability company with an address at 3308 W. Warner Avenue, Santa Ana, CA, 92704.
Think Ink has been retained to provide investor relations and digital marketing services to increase market
awareness of the Company, including design and implementation of investor awareness campaigns (in
compliance with applicable laws), promotion, targeting campaigns, and related digital marketing initiatives,
all subject to the Company’s oversight and prior approval.
The Agreement will commence upon acceptance by the TSX Venture Exchange (the “Exchange”) and will
continue for a period of six (6) months from the date of such acceptance, unless terminated earlier in
accordance with its terms. In consideration for the services to be provided, the Company has agreed to pay
Think Ink a total cash fee of US$50,000 for the six -month term, with no compensation payable until the
Agreement has been accepted by the Exchange. Think Ink will not receive a ny securities of the Company
as compensation. Compensation is not contingent upon trading volume, share price or market performance,
and Think Ink will not provide market-making or trading services.
Think Ink, and its principal, Claire Stevens, are at arm’s length to the Company and, to the knowledge of
the Company, neither Think Ink nor its principal owns any securities of the Company or has any right to
acquire securities of the Company. The Agreement and the engagement of Think Ink are subject to
acceptance by the Exchange in accordance with TSX Venture Exchange Policy 3.4 – Investor Relations,
Promotional and Market-Making Activities and applicable securities laws.
About Emergent
Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The Company’s
strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them
through sales, joint ventures, options, royalties, and other transactions to create value for our shareholders
– an acquisition and divestiture business model.
In Nevada, Emergent’s Golden Arrow Property is an advanced-stage gold and silver property with a well-
defined measured and indicated resource and a Plan of Operations and Environmental Assessment in place
to conduct a major drilling program . As announced by press release on September 29, 2025, Emergent is
in the process of selling Golden Arrow to Fairchild Gold Corp. (TSXV: FAIR). New York Canyon is an
advanced-stage copper skarn and porphyry exploration property. The West Santa Fe Property is a gold,
silver, and base metal property, subject to a Lease with an Option to Purchase Agreement with Lahontan
Gold Corporation (TSXV: LG). Buckskin Rawhide East is a gold and silver property leased to Rawhide
Mining LLC, operators of Rawhide Mine.
In Quebec, the Casa South Property is a gold exploration property located south of and adjacent to Hecla
Mining Company’s (NYSE: HL) operating Casa Berardi Mine and north of and adjacent to IAMGOLD
Corporation’s ( NYSE: IAG) Gemini Turgeon Property . The Trecesson Property is a gold exploration
property located about 50 km north of the Val d’Or mining camp.
Emergent has a 1% NSR in the Troilus North Property, part of the Troilus Gold Project, being advanced by
Troilus Mining Corporation (TSX: TLG) toward production. The Company has a 1% NSR in t he East-
West Property , part of Agnico Eagle Mines Limited (NYSE: AEM ) Canadian Malartic Complex.
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Emergent also has a 1% NSR on the York Property, part of Lahontan Gold’s (TSXV: LG) Santa Fe Project
in Nevada is also being advanced toward production.
Note that the location of Emergent’s properties adjacent to producing or past-producing mines or advanced-
stage properties does not guarantee exploration success at Emergent’s properties or that mineral resources
or reserves will be delineated.
Qualified Person
Emergent has not verified the data disclosed in this news release that was reported by Lahontan Gold Corp.
The technical information disclosed by Lahontan was reviewed and approved by a Qualified Person as
disclosed in Lahontan’s April 13, 2026, press release. All other scientific and technical information
contained in this news release was reviewed and approved by David Watkinson, P.Eng., a non-independent
Qualified Person for Emergent under National Instrument 43-101.
For more information on the Company, investors should review the Company’s website
at www.emergentmetals.com or view the Company’s filings available at www.sedarplus.ca.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note on Forward-Looking Statements
Certain information contained in this news release constitutes “forward -looking information” or “forward -looking statements” (collectively,
“forward-looking information”) within the meaning of applicable securities laws. Forward -looking information include s, but is not limited to,
statements regarding exploration results, exploration potential, future exploration plans, the requirement for additional work to verify historic data,
and the Company’s business strategy, plans, and objectives. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”,
“expect”, “anticipate”, “intend”, “plan”, “estimate”, and similar expressions, and the negative form thereof, are used to ide ntify forward-looking
information. Forward-looking information is based on management’s reasonable assumptions, expectations, estimates, and projections as of the
date of this news release and is subject to known and unknown risks, uncertainties, assumptions, and other factors that may c ause actual results,
performance, or achievements to differ materially from those expressed or implied by such forward -looking information. These risks and
uncertainties include, but are not limited to, risks related to exploration activities, the interpretation of exploration res ults, commodity price
fluctuations, regulatory approvals, permitting, and general economic, market, and business conditions. Readers are cautioned not to place undue
reliance on forward -looking information. The Company does not undertake any obligation to u pdate or revise any forward -looking information,
except as required by applicable securities laws.