Emp Metals Corp · CSE:EMPS
Emp Metals — Investor Presentation (November 2023)
23 slides from Emp Metals's investor presentation, Nov 1, 2023
Slide 1: Investor Presentation: Primed to Become a Leading Lithium Producer in Saskatchewan
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 which may cause results to differ from those contained statements” within the meaning of applicable in forward-looking statements is included in filings by Canadian securities legislation. Statements in this news the Company with securities regulatory auth
Slide 3: Focused on Direct Lithium Extraction amenable assets in Saskatchewan
Focused on Direct Lithium Extraction (DLE) amenable assets in Saskatchewan Big acreage block in 3 Key Project Areas ▸ ~200,000 acres (~81,000 ha) ▸ 80% Crown / 20% Freehold ▸ Direct access to NA markets Viewfield tested up to 259 mg/L lithium in brine High quality Inferred Resource of 1.2Mt LCE at w
Slide 4: Management team
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 ind
Slide 5: ROK Resources partner team
Cam Taylor, BSc. Bryden Wright, P. Eng. Jared Lukomski Chairman & CEO ROK Resources VP Engineering 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 C
Slide 6: Saskatchewan advantages: labor, infrastructure, policy
Skilled labor force for large-scale Existing oil and gas Low-cost resource delineation lithium brine extraction infrastructure and expertise and DLE production Policy and regulatory environment with lithium- Strong local government and social specific incentives for explorers & developers support fo
Slide 7: 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 8: Regional lithium brine concentrations 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 Lith
Slide 9: Mansur and Viewfield project areas
Mansur • 88 sections gross / 56 net • 11-2 and 14-36 re-entries Viewfield 11-2 14-36 • 62 sections gross / 43 net • 2-22 and 4-23 expl. wells Duperow Lithium Tests Bubble Map 30 – 300 mg/L 14-12 30 300 4-23 2-22
Slide 10: Cross section of lithium concentrations by zone
Mansur Midale Viewfield 2 km 25 km 17 km 0.8 km 11-2 14-36 14-12 2-22 4-23 Flat Lake Evaporite Wymark F Wymark E Wymark D Wymark C Wymark B Wymark A Saskatoon B PHIe >= 3% Saskatoon A 259 [C] Li (mg/L) *probable contamination Laboratory testing by 2 independent labs: Isobrine (Edmonton) , AGAT (Calg
Slide 11: Mansur wells 11-2 and 14-36
11-2 14-36 11-2 and 14-36 (Mansur #1 and #2) 2 km • Swab-tested 53 – 148 mg/L from 6 of 7 prospective zones • Flow tested up to 528 m3/d Reservoir Parameters (P50) • Net Pay = 79m Wymark F 43 • Effective Porosity = 8.3 – 13.6% 96 Wymark E 103 Flow test @ 240 m3/d 61 Wymark D 44* Mansur #1 (11-2) Flo
Slide 12: Viewfield wells 2-22 and 4-23
2-22 and 4-23 (Viewfield #1 and #2) • Swab-tested from 56 – 259 mg/L in 8 of 8 prospective zones • Flow-tested at 600 m3/d with 200 mg/L Li concentration Wymark F Flow Test #1 Reservoir Parameters (P50) 300-350 m3/d Wymark E • Net pay = 80m 210 mg/L • Effective Porosity = 9.5 – 14.3% Wymark D Wymark
Slide 13: Probabilistic Assessment: Inferred Resource Summary
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 14: Average Li Concentration vs. Inferred Resource
Average Lithium Concentration (mg/L) vs. Inferred Resource (MM tonnes) 500 Standard Lithium (SWA), 437 450 Average Li Concentration (mg/L) 400 350 300 250 200 Standard Lithium (Lanxess), 168 EMP Metals, 143 150 Arizona Lithium, 105 Anson Resources, 125 100 Lithium Bank (Boardwalk), 68 E3 Lithium, 75
Slide 15: Average Li Concentration vs. Inferred Resource: economic cut-offs
Average Lithium Concentration (mg/L) vs. Inferred Resource (MM tonnes) 500 Standard Lithium (SWA), 437 * Potential Economic Cut-offs 450 Average Li Concentration (mg/L) 400 350 300 400K tonnes 250 200 EMP, 200 Standard Lithium (Lanxess), 168 EMP Metals, 143 150 Arizona Lithium, 105 Anson Resources,
Slide 16: Resource assessment, DLE partner selection and PEA
Resource Assessment 2023-Q2 • NI 43-101 Inferred Resource Assessment for Mansur and Viewfield areas completed Select Lithium Extraction and Conversion Partner Companies 2023-Q4 • Consulted with 8 different DLE (Direct Lithium Extraction) providers • Selected 2 preferred DLE companies; testing of HCL
Slide 17: Field and commercial pilot plant plans
Field Pilot Plant - Viewfield Area 2024-Q1 • Selected DLE company to build and operate a 4- month field pilot plant • In process of acquiring DLE permit Continue Viewfield Evaluation 2024-Q1/Q2 • Viewfield #2 - conversion to water disposal • Drill horizontal well to test for flow rates and pressures
Slide 18: Share Structure, Ownership and Corporate Information
Share Structure Ownership Structure Issued & Outstanding 91,673,571 US/Cdn Retail Warrants 28,259,424 Options 7,258,331 Brokers Fully Diluted 127,191,326 25% Tembo Capital Corporate Information Financial Year End April 30 Auditors Baker Tilly 3% Transfer Agent Endeavor Trust Insiders Corporation Exc
Slide 19: Key investment highlights
➢ High lithium concentrations up to 259 mg/L = key economic driver ➢ Shallower depth of Duperow and Red River formations vs. Leduc = operating cost advantage ➢ Good geological setting: better reservoir quality (porosity, permeability, rock) and excellent flow rates ➢ Favourable brine characteristics
Slide 20: Appendix: Lithium Market Trends
a a fe) cs) 2) a < FE Ww = a = wi APPENDIX LITHIUM MARKET TRENDS
Slide 21: Increasing demand for lithium-ion batteries
Increasing demand for lithium-ion batteries in various applications, especially the automotive industry, is expected to augment market growth in the coming years. Lithium is a key element in rechargeable batteries which not only power electric vehicles (EVs) but must also be implemented on a mass sc
Slide 22: Global lithium market size and growth
The global lithium market size was valued at USD 4.23 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2020 to 2027.
Slide 23: Contact Us
Contact Us Rob Gamley CEO & President 208A – 980 West 1st Street North Vancouver, BC V7P 3N4 +1 604-689-7422 www.empmetals.com CSE: EMPS OTCQB: EMPPF