Emp Metals Corp · CSE:EMPS
Emp Metals — Investor Presentation (April 2024)
27 slides from Emp Metals's investor presentation, April 2024
Slide 1: Fueling the Future Investor Presentation
Fueling the Future Investor Presentation empmetals.com | CSE: EMPS | OTCQB: EMPPF Primed to Become a Leading Lithium Producer in Saskatchewan
Slide 2: Forward-looking statements
This presentation contains “forward looking statements” which may cause results to differ from those contained in within the meaning of applicable Canadian securities forward-looking statements is included in filings by the legislation. Statements in this news release pertaining to Company with secu
Slide 3: SE Saskatchewan Mining Investment and Hub City Lithium Joint Venture
SE Saskatchewan Mining Investment*: • 3rd most attractive jurisdiction worldwide • 1st in Canada • Direct access to North American markets • Excellent infrastructure -highways, rail, power, natural gas & rigs Hub City Lithium (HCL) Joint Venture: • EMP Metals 75% and ROK Resources 25% HCL Land Holdi
Slide 4: NI 43-101 Resource Assessment Mansur #1 and #2 Well Results
NI 43-101 Resource Assessment 11-2 and 14-36 (Mansur #1 and #2) Well Results • Inferred Resource: 399,364 t LCE • Swab-tested: 53 – 148 mg/L (6/7 zones) • Weighted average [C] Li: 143.4 mg/L • Flow tested: 528 m3/d • Net hectares: 14,116 (54.5 sections) • Net Pay: 79m • Effective Porosity: 8.3 – 13.
Slide 5: NI 43-101 Resource Assessment Viewfield #1 and #2 Well Results
NI 43-101 Resource Assessment 2-22 and 4-23 (Viewfield #1 and #2) Well Results • Inferred Resource: 747,526 t LCE • Swab-tested: 56 – 259 mg/L (8/8 zones) • Weighted average [C] Li: 143.4 mg/L • Flow-tested: 600 m3/d @ 200 mg/L Li • Net hectares: 11,072 (42.75 sections) • Net Pay: 80m • Effective Po
Slide 6: 5 DLE hubs producing 62,000 m3/d
• 5 DLE hubs producing 62,000 m3/d (12,400 m3/d each) • 2 CRC refinement facilities connected via pipe to DLE hubs • 36 multi-leg horizontal production wells (2,000 m3d each) • 30 vertical water disposal wells • 12,175 Tpa LCE • Stage 1: (Upper) Wymark CDE 18,600 Tpa until 2027 184 mg/L avg. • Stage
Slide 7: 3,000 tonne/year battery grade Li2CO3 Refinery
• 3,000 tonne/year battery grade Li2CO3 Refinery Stage 1 • Modular approach to expand across Site Saskatchewan lease holdings • US$160M – estimate to be defined through Front End Engineering & Design
Slide 8: PEA key results
Description Values Average Production LCE 12,175 tonnes/year Years 1-7: Project Life 23.2 years Production Total Capital Cost (incl. contingency) US$571 million 18,860 tonnes/year Average Annual Operating Costs US$40 million OPEX Average Selling Price (LCE) US$20,000/tonne US$2,332/tonne Pre-Tax Net
Slide 9: HCL Viewfield PEA Sensitivity Analysis
After-Tax NPV(8) IRR (%) HCL Viewfield PEA - Sensitivity Analysis HCL Viewfield PEA - Sensitivity Analysis Atax NPV(8) vs. OPEX, CAPEX, PRICE IRR (%) vs. OPEX, CAPEX, PRICE $1,600 100 90 $1,400 80 $1,200 Atax NPV(8) (USD $ 000) Atax NPV(8) (USD $ 000) 70 $1,000 60 $800 50 40 $600 30 $400 OPEX $/tonn
Slide 10: Average Lithium Concentration vs. Inferred Resource
Average Lithium Concentration (mg/L) vs. Inferred Resource (MM tonnes 500 LCE) Standard Lithium (SWA), 437 * Potential Economic Cut-offs 450 Average Li Concentration (mg/L) 400 350 300 Standard Lithium (Lanxess P+P … 250 Standard Lithium (Lanxess), 200 168 Anson Resources (A1 Lithium), 125 150 Arizo
Slide 11: OPEX vs. CAPEX
OPEX vs. CAPEX $8,000 $7,000 Standard Lithium (Lanxess P+P Phase I) $6,000 OPEX ($USD / tonne LCE) Compass Minerals (W) Standard Lithium (SWA) $5,000 Compass Minerals ( E) Anson Resources (A1 Lithium) LithiumBank (Boardwalk) $4,000 Standard Lithium (Lanxess) Grounded Lithium E3 Lithium Pure Energy M
Slide 12: IRR vs. NPV
IRR vs. NPV 60.0% COMPANY $USD/TONNE (YEAR OF REPORT) 50.0% GRD $25K (2023) EMP $20K (2023) IRR (% After-tax) 40.0% ASN $19K (2022) SLI (LANX) $13.5K (2019) SLI (SWA) $30K (2023) 30.0% CMP E $13K (2022) ETL $14K (2021) SLI (LANX Phase I) CMP W $16K (2022) PE $13K… 20.0% LBNK $26k (2024) AZLAF $21K (
Slide 13: IRR vs. OPEX
IRR vs. OPEX 60.0% COMPANY $USD/TONNE (YEAR OF REPORT) 50.0% GRD $25K (2023) EMP $20K (2023) 40.0% ASN $19k (2022) IRR (% After-tax) SLI (LANX) $13.5K (2019) SLI (SWA) $30K (2023) 30.0% CMP E $13K (2022) ETL $14K (2021) CMP W $16K (2022) SLI (LANX Phase I) 20.0% AZLAF $21K (2023 PFS) PE $13K (2018)
Slide 14: Resource Assessment and DLE Vendors
Resource Assessment 2023-Q2 • NI 43-101 Inferred Resource Assessment for Mansur and Viewfield areas completed Lithium DLE (Direct Lithium Extraction) Vendors 2023-Q4 • Energy Source Minerals (ESM) - Phase 300 pilot successfully processed 87,000 litres Viewfield brine - Feed brine was concentrated 7.
Slide 15: Lithium CRC Vendor
Lithium CRC (Concentration, Refinement, Crystallization) Vendor 2023-Q4 • Saltworks Technologies - Design, development, and testing of CRC flowsheet - ‘Pilot 1’ testing to de-risk DLE eluate processing - Produced 1.4 kg of 99.95% pure battery-grade lithium carbonate
Slide 16: PEA and Field Pilot Plant for Viewfield Area
PEA for Viewfield Area 2024-Q1 • Completed by Sproule Associates Limited - Resource to be developed by multi-lateral horizontal wells (1,500 – 3,000m) - High grade zones targeted for first 7 years of production (160 mg/L – 259 mg/L) Field Pilot Plant - Viewfield Area 2024-Q1 • Koch Technology Soluti
Slide 17: Continue Viewfield and Mansur Evaluation
Continue Viewfield and Mansur Evaluation 2024-Q1 • Development drilling program to commence June 2024 • Survey and license 4 vertical wells in Mansur and Viewfield areas ‐ Confirm reservoir quality and lithium concentrations, upgrade resource • Survey and license 1 horizontal well in Viewfield area
Slide 18: FEED Study
FEED Study (Front End Engineering & Design) 2024-Q1 • Saltworks Technologies - FEED study for 3,000 Tonne/year brine-to-battery grade LCE refinery - Convert larger volumes of HCL’s supplied DLE eluate into > 25 kg batches of battery grade lithium carbonate
Slide 19: Share Structure
Share Structure Issued & Outstanding 91,673,571 Warrants 28,259,427 Options 7,258,332 Fully Diluted 127,191,330 Corporate Information Financial Year End April 30 Auditors Baker Tilly Transfer Agent Endeavor Trust Corp. Exchanges CSE: EMPS OTCQB: EMPPF ~$7.3 million strategic investment from Tembo Ca
Slide 20: Management and Directors
Rob Gamley, BSc. Craig Foggo, BSc., B.Com Brian Balazs, BSc. President & CEO, Director Director Technical Consultant Over 10 years of corporate finance and capital Over 20 years diverse experience in the mining Over 30 years of experience encompassing all markets experience, consulting to public com
Slide 21: ROK Resources Team
Cam Taylor, BSc. Bryden Wright, P. Eng. Jared Lukomski Chairman & CEO ROK Resources President & COO ROK Resources Sr VP Land & Business Dev. ROK Resources Co-founder of ROK Resources Inc., Co-founder of ROK Resources Inc., and former Co-founder of ROK Resources Inc., and former former President and
Slide 22: Appendix: Geology and Maps
APPENDIX GEOLOGY AND MAPS
Slide 23: Alberta Saskatchewan Manitoba lithium map
ALBERTA SASKATCHEWAN MANITOBA PRISM DIVERSIFIED 46-96 mg/L PEACE RIVER ARCH LITHIUM BANK NEOLITHICA 70 mg/L 68 mg/L HELIOS X 75-100+ mg/L EMPIRE METALS 76 mg/L LEDUC REEF TRENDS 75 mg/L DUPEROW SHALLOW WATER CARBONATE 48 mg/L 74 mg/L E3 HIGHWOOD GROUNDED LITHIUM EMP METALS CORP. FLOWING LITHIUM 143
Slide 24: Probabilistic Assessment Inferred Resource
Probabilistic Assessment • Each zone mapped individually for net pay and porosity (PHI*h) • Applied Monte Carlo simulation to account for range of Li concentrations per zone • P50 value used to calculate brine volume and resource in place Inferred Resource - Lithium in Place Summary by Grade (HCL Ne
Slide 25: The Duperow Advantage
The Duperow Advantage • Regionally extensive, dolomitized reservoir with aquifer support • Restricted depositional environment with multiple evaporitic cycles • Evapo-concentrated Devonian seawater high in lithium concentration • No H2S, organics, or residual oil • Shallow drilling depth (1,800m) •
Slide 26: Viewfield Oil and Gas Development
VIEWFIELD OIL AND GAS DEVELOPMENT 26] empmetals.com
Slide 27: Contact Us
Contact Us Rob Gamley Corporate Head Office CEO & President 208A – 980 West 1st Street rob@empmetals.com North Vancouver, BC V7P 3N4 +1 604-689-7422 Paul Schubach COO www.empmetals.com paul@empmetals.com CSE: EMPS OTCQB: EMPPF