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EMP Metals ( (TSE:EMPS) ) has provided an update.
EMP Metals Corp. announced successful results from drilling and testing in the Mansur project area in southeast Saskatchewan, revealing lithium concentrations of up to 217 mg/L. This marks the third well in the region to show concentrations over 200 mg/L, confirming the area’s potential as an independent site for future commercial lithium production. The findings bolster EMP Metals’ position in the lithium exploration industry and suggest a contiguous lithium resource in the Mansur project area.
More about EMP Metals
EMP Metals is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction (DLE). The company holds 196,000 net acres of subsurface dispositions and strategic wellbores in Southern Saskatchewan.
YTD Price Performance: -21.67%
Average Trading Volume: 7,428
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $26.83M
Learn more about EMPS stock on TipRanks’ Stock Analysis page.