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Rok Resources Inc
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Shares Issued 215,293,217
Close 2023-08-17 C$ 0.35
Market Cap C$ 75,352,626
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EMP Metals tests 237 mg/L Li at second Viewfield well

2023-08-17 09:56 ET - News Release

See News Release (C-EMPS) EMP Metals Corp

Mr. Rob Gamley of EMP Metals reports

EMP METALS CONFIRMS HIGH LITHIUM IN BRINE CONCENTRATIONS - UP TO 237 MG/L AT SECOND VIEWFIELD WELL

EMP Metals Corp. has released positive results from a multilayer perforation and swab test of a second targeted lithium well strategically located on Hub City Lithium Corp.'s (HCL) subsurface Crown mineral dispositions located in the Viewfield area of Saskatchewan. The successful stepout well was approximately 800 metres east of the Viewfield discovery well (see press release dated Feb. 21, 2023).

Third party laboratory testing returned lithium concentrations in the Duperow formation of up to 237 milligrams per litre (for detailed test results, refer to the attached table). According to public records, these test results are among the highest lithium concentrations recorded in a brine in Canada to date.

Rob Gamley, chief executive officer of EMP, commented: "The results of the second Viewfield well confirm the highly concentrated lithium resource encountered in the Viewfield discovery well. The Wymark E, D, C, B, A and Saskatoon A zones all had lithium concentrations within the modelled range predicted by the [National Instrument] 43-101 resource assessment dated April 20, 2023 (please see press release May 2, 2023). The Saskatoon B zone exceeded expectations, with a significantly higher lithium concentration (104 milligrams per litre) than the modelled range of 50 to 75 milligrams per litre. Importantly, the information gathered from this well will be incorporated into the company's preliminary economic assessment (PEA), which is on track for completion this quarter."

Joint venture

EMP and Rok Resources Inc. jointly own HCL. EMP has a 75-per-cent interest in HCL, with the balance, 25 per cent, owned by Rok.

Qualified person

The technical content of this news release has been reviewed and approved by Greg Bronson, PGeo, a qualified person for the purpose of National Instrument 43-101.

About EMP Metals Corp.

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, currently holds 192,000 net acres (77,700 hectares) of subsurface dispositions and strategic wellbores in Southern Saskatchewan.

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