$EMPPF they closed the final tranche of its financing, bringing total gross proceeds to nearly $2.94M.
securing capital is a key step as the company advances its Saskatchewan lithium brine assets.
$EMPPF is gaining momentum on multiple fronts as it advances its flagship Project Aurora lithium demonstration plant in Saskatchewan. Recent developments — from construction progress to supportive provincial policy, and key technology upgrades through its partner Saltworks Technologies — are positioning the company at the forefront of Canada’s emerging lithium brine sector. to full-scale production design. With Saltworks leading the design of a potential 3,000+ tonne-per-year modular refinery based on Aurora’s data, EMP is building a solid foundation for commercial lithium production in Canada.
https://moneynews.today/emp-metals-accelerates-project-aurora-as-saskatchewan-solidifies-lithium-advantage/
$EMPPF With key findings including lithium concentrations of 217 mg/L, EMP Metals (EMPS.c EMPPF) successfully drilled and tested the third well in the Mansur project area - this is the third well in the area to return lithium concentrations over 200 mg/L: https://x.com/StckMasterFlash/status/1882524624459591991
Highlighting the significant growth potential for EMPS, the Mansur area was not included in the Viewfield project PEA (Pre Tax: USD$1.49B NPV, 55% IRR, 23 year mine life, ~282,090 tonnes), emphasizing the Mansur area's standalone commercial potential for lithium production.
$EMPPF Today, EMP Metals (EMPS.c EMPPF) announced successful drilling and testing of the third well in the Mansur project area, in southeast Saskatchewan with key findings including lithium concentrations of 217 mg/L, marking the third well in the area to return lithium concentrations over 200 mg/L: https://empmetals.com/mansur-3-test-well-returns-up-to-217-mg-l-lithium-concentrations-establishes-new-project-area/
Notably, the Mansur area was not included in the Viewfield project PEA (USD$1.49B NPV, 55% IRR, 23 year mine life totaling approximately 282,090 tonnes), highlighting the significant growth potential for EMPS alongside the Mansur area's standalone commercial potential for lithium production.
EMP Metals (EMPS.c $EMPPF ) recently began drilling a third lithium well at its Mansur project in Saskatchewan, aiming to enhance the project's NI Resource Report by quarter’s end.
https://empmetals.com/emp-metals-spuds-lithium-well-at-mansur-project-saskatchewan/
Earlier well re-entries returned lithium values up to 148 mg/L lithium & high flow rates. Full news summary here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1gegjhm/emp_metals_cse_emps_otcqb_emppf_begins_drilling/
$EMPPF "Lithium demand is still strong", says Bill Baruch, founder and president of Blue Line Futures, in discussing the evolving energy and commodities markets with Kitco News. Citing GM's recent $625M investment in lithium mining, the market holds huge potential despite recent setbacks. (Source: https://x.com/KitcoNewsNOW/status/1851683383035990094)
Leading the charge with in advancing one of Canada’s cleanest and highest-grade lithium resources, EMP Metals (EMPS.c EMPPF) is aiming to become the nation’s lowest-cost producer of battery-grade lithium having recently spud a third targeted lithium well as part of its ongoing drill program where previous lithium concentrations of 96 mg/l to 148 mg/l were reported alongside, no H2S or oilfield contaminants in the brine: https://x.com/StckMasterFlash/status/1851370961041600775
$EMPPF Advancing one of Canada’s highest-grade and cleanest lithium brine resources, EMP Metals (EMPS.c EMPPF) is aiming to become the nation’s lowest-cost producer of battery-grade lithium: https://www.youtube.com/watch?v=EGRf8A339pg
With the goal to reduce North America's reliance on foreign lithium sources while promoting sustainability, EMPS is utilizing Direct Lithium Extraction (DLE), an innovative, efficient, and environmentally friendly process that offers faster extraction, higher lithium recoveries, reduced freshwater usage, and a smaller land and carbon footprint.
$EMPPF On track to have significant competitive advantages, including reduced capital and operating costs per ton compared to other North American lithium brine projects, EMP Metals (EMPS.c EMPPF) has spud a third targeted lithium well as part of its ongoing drill program which saw previous lithium concentration testing from 96 mg/l to 148 mg/l, no H2S or oilfield contaminants in the brines, and a relatively shallow depth in the target formation: https://x.com/StckMasterFlash/status/1849170982717534459
$EMPPF "With previous lithium concentration testing from 96 mg/l to 148 mg/l, no H2S or oilfield contaminants in the brines, and a relatively shallow depth in the target formation, this project is expected to have significant competitive advantages, specifically reduced capital and operating costs per ton, as compared to other North American lithium brine projects."
At one of the highest concentration brines within Canada, EMP Metals (EMPS.c EMPPF) announced that it has spud a third targeted lithium well as part of its ongoing drill program, following up on its previous two wells with results expected within 2-3 weeks after reaching the target depth: https://x.com/StckMasterFlash/status/1849170982717534459
$EMPPF Today, EMP Metals (EMPS.c EMPPF) announced that it has spud a third targeted lithium well at its Mansur project in Saskatchewan as part of its ongoing drill program, following up on the previous two wells, which had lithium concentration results ranging from 96 mg/L to 148 mg/L: https://x.com/EMP_MetalsCorp/status/1849081094911525289
Notably, this project area has one of the highest concentration brines within Canada and is expected to have significant competitive advantages, specifically reduced capital and operating costs per ton, as compared to other North American lithium brine projects.
$EMPPF $EMPS.c is advancing large-scale lithium extraction in Saskatchewan using cutting-edge Direct Lithium Extraction (DLE) tech.
https://youtu.be/gaDU2cRdK4c
Recent drilling at EMPS' 196,000-acre Viewfield Project revealed lithium concentrations of up to 157 mg/L, expanding resource potential. + EMPS has planned a Front-End Engineering Design (FEED) which will be critical in guiding the company's next steps. Full video breakdown & company DD here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1g6vx2b/emp_metals_empsc_emppf_expands_lithiumrich_zones/
$EMPPF General Motors has announced a $625 million investment in the Thacker Pass Lithium Project in Nevada, strengthening its efforts to secure a domestic supply of lithium for electric vehicle batteries.
Signaling growing demand for lithium, this move reflects the industry's confidence in the long-term potential of energy transition materials, as major players expand their lithium portfolios to meet future needs.(Source: https://www.miningweekly.com/article/gm-backs-biggest-us-lithium-project-with-625m-investment-2024-10-16)
Following recent discoveries and reports of high-grade lithium concentrations within the Duperow formation in Saskatchewan, EMP Metals (EMPS.c EMPPF) is positioned as a high-potential opportunity with the latest resutls including lithium concentrations of 157 mg/L and 139 mg/L, consistent with earlier discoveries, as well as new lithium-bearing zones testing at 72 mg/L, highlighting the potential for resource expansion: https://www.reddit.com/r/PennyStocksCanada/comments/1fut78q/why_direct_lithium_extraction_dle_could_be_the/
In a video update, EMP Metals (EMPS.c $EMPPF ) shared recent high-grade lithium assays including 157 mg/L from step-out drilling at its Viewfield Lithium Brine Project.
https://youtu.be/wdhhtn9SZMY
The video also highlighted the project's newly-discovered & high potential Souris River lithium-bearing zone. Full video summary & EMPS DD here⬇️
https://www.reddit.com/r/wallstreetsmallcaps/comments/1g4ke5v/update_video_summary_emp_metals_cse_emps_otcqb/
