13:07:06 EDT Sun 19 May 2024
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or Name
USA
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EMP Metals Corp
Symbol EMPS
Shares Issued 62,321,238
Close 2023-08-01 C$ 0.485
Market Cap C$ 30,225,800
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EMP partners with University of Regina

2023-08-02 15:54 ET - News Release

Mr. Rob Gamley reports

EMP METALS ENTERS RESEARCH COLLABORATION WITH UNIVERSITY OF REGINA FOR FINDING SOURCES OF SUBSURFACE LITHIUM

EMP Metals Corp. has entered a research collaboration with the University of Regina focused on tracing the source of lithium in subsurface waters within the Western Canadian sedimentary basin -- a 1.4-million-square-kilometre area in Western Canada that includes southwestern Manitoba, southern Saskatchewan, Alberta, northeastern British Columbia and the southwest corner of the Northwest Territories.

The Company has agreed to support the work of University of Regina geologist Dr. Leslie Robbins by providing $30,000 in financial support over two years. In conjunction with EMP's financial support, Dr. Robbin's team has received a $60,000 Natural Science and Engineering Research Council (NSERC) Alliance grant.

"Lithium is a great option to help provide clean and renewable energy technologies - and demand for it is anticipated to increase substantially in the coming years," said Dr. Robbins, an Assistant Professor in the Faculty of Science. "There's been a lot of momentum in Western Canada to extract lithium from subsurface brines. However, our understanding of this process is in its infancy, and there's a lack of a predictive framework to find the locations of these lithium deposits in subsurface brines. Working with EMP Metals Corp, my project will help advance this work."

"EMP is pleased to support the research being done by Dr. Robbins and his team. We believe that western Canada, and in particular southeastern Saskatchewan has huge reserves of Lithium and we are dedicated as a company to responsibly developing these reserves through to production, building value for our shareholders and Canadians as a whole," commented EMP CEO, Rob Gamley.

About EMP

EMP is a Canadian-based lithium exploration and development company focused on large scale resources using direct lithium extraction ("DLE"). EMP, in partnership with ROK Resources, currently holds 192,000 net acres (77,700 hectares) of Subsurface Dispositions and strategic wellbores in Southern Saskatchewan.

For more information, please go to the Company's website at www.empmetals.com About the University of Regina

Set in the heart of the Canadian prairies we are a comprehensive, mid-sized university where the opportunities are as limitless as the horizon. Our campuses are on Treaty 4 and 6 - the territories of the nehiyawak, Anihsināpek, Dakota, Lakota, and Nakoda peoples, and the homeland of the Michif/Metis nation. It is our responsibility to strengthen relationships with Indigenous communities to build a more inclusive future for all. Our three federated colleges, 10 faculties, 25 academic departments, and 18 research centres foster innovative research with practical and theoretical applications. We are committed to cultivating the potential of our 16,000 students and supporting their health and well-being. We take learning beyond the classroom through work and volunteer experiences to develop career-ready graduates.

We seek Safe Harbor.

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