Emp Metals Corp · CSE:EMPS
Emp Metals — Investor Presentation (May 2023)
25 slides from Emp Metals's investor presentation, May 2023
Slide 1: Investor Presentation
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 (DLE) amenable assets in Saskatchewan
Focused on Direct Lithium Extraction (DLE) amenable assets in Saskatchewan Saskatchewan ranked 2nd in the world and 1st in Canada in the Investment Attractiveness Index* Big acreage block in 3 Project Areas ▸ ~200,000 acres (~81,000 ha) ▸ 80% Crown / 20% Freehold Private land acquisitions underway a
Slide 4: Management and technical team
Rob Gamley, BSc. Peter Pollard, Ph.D., BSc. B.App. Mike Kobler, BSc, Mining Eng. President & CEO, Director Sci, MAusIMM (CP) Advisor Over 10 years of corporate finance and capital Former president, and current general manager of Chief Geologist, Director markets experience, consulting to public US o
Slide 5: ROK Resources 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: Skilled labor force, infrastructure and supportive regulatory environment
Skilled labor force for large-scale Existing O/G infrastructure and Low-cost resource delineation lithium brine extraction expertise and DLE production Policy and regulatory environment that Strong local government and social encourages exploration and development support for extractive technologies
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: Geological data map
Data Source: Canadian Society of Petroleum Geologists© 1988
Slide 9: Lithium brine projects in Alberta, Saskatchewan and Manitoba
ALBERTA SASKATCHEWAN MANITOBA PRISM DIVERSIFIED 46-96 mg/L PEACE RIVER ARCH LITHIUM BANK 6.0 M TONNES LCE NEOLITHICA 67 mg/L 67 mg/L HELIOS X 75-100+ mg/L EMPIRE METALS 76 mg/L LEDUC REEF TRENDS 75 mg/L DUPEROW SHALLOW WATER CARBONATE 50 mg/L 72 mg/L E3 HIGHWOOD GROUNDED LITHIUM 23.4 M TONNES LCE 18
Slide 10: Mansur and Viewfield project areas
Mansur • 90 sections gross (65% net) • 11-2 and 14-36 re-entries 11-2 Viewfield • 62 sections gross (70% net) 14-36 • 2-22 exploration well Duperow Lithium Tests Bubble Map 30 – 300 mg/L 14-12 30 300 2-22
Slide 11: Duperow lithium test cross-section
2 km 25 km 17 km 11-2 14-36 14-12 2-22 Flat Lake Evaporite Wymark F Wymark E Wymark D Wymark C Wymark B Wymark A PHIe >= 3% Saskatoon B 259 [C] Li (mg/L) Saskatoon A Laboratory testing by 2 independent labs: Isobrine (Edmonton) , AGAT (Calgary
Slide 12: 11-2 (Mansur #1) Lithium Test Results
11-2 2 km 14-36 11-2 (Mansur #1) Lithium Test Results • Swab-tested max 85 to 96 mg/L • Flow test up to 528 m3/d 14-36 (Mansur #2) • Swab-tested up to 148 mg/L Reservoir Parameters (P50) 43 Wymark F 96 • Net Pay = 79m, Effective Porosity = Wymark E 103 8.3 – 13.6% Flow test @ 240 m3/d 61 Wymark D 44
Slide 13: Mansur Project Area LCE Resource
Summary all zones Greater Mansur (90 sections) Mansur Project Area - Pmedian LCE Resource • 851,953 tonnes LCE (gross) • 9,466 tonnes LCE/section 13
Slide 14: 2-22 (Viewfield #1) Lithium Test Results
2-22 (Viewfield #1) Lithium Test Results • Swab-tested from 94 – 259 mg/L in 6 of 7 prospective zones • Flow-tested at 600 m3/d with 200 mg/L Reservoir Parameters (P50) • Net pay = 80m, Effective Porosity = 9.5 – 14.3% Wymark F 64 Flow Test #1 300-350 m3/d Wymark E 220 210 mg/L Wymark D 259 Wymark C
Slide 15: Viewfield Project Area LCE Resource
Summary all zones Greater Viewfield (62 sections) Viewfield Project Area - Pmedian LCE Resource • 951,710 tonnes LCE (gross) • 15,602 tonnes LCE/section 15
Slide 16: Mansur + Viewfield Project Areas LCE Resource
Summary all zones Mansur + Viewfield (152 sections) Mansur + Viewfield Project Areas Pmedian LCE Resource • 1,803,663 tonnes LCE (gross) • 1,219,667 tonnes LCE (net)
Slide 17: Resource assessment, DLE provider and evaluation program timeline
Resource Assessment 2023-Q2 • Complete NI 43-101 Inferred Resource Assessment for Mansur and Viewfield areas Select DLE Provider 2023-Q2 • Currently in discussion with 6 different DLE companies • 6/6 have detailed geochemical analyses of our brines for initial modelling • 3/6 have physical samples o
Slide 18: PEA and pilot plant timeline
PEA for Viewfield Area 2023-Q2/Q3 • Engineering firm has been selected • 1 month turn-around once drilling results and DLE testing completed PEA for Mansur Area 2023-Q3/Q4 • Engineering firm has been selected • 1 month turn-around once drilling results and DLE testing completed Pilot Plant for Viewf
Slide 19: Peer comparison of lithium brine companies
Company Project Location Resource Size Lithium Grade Market Cap Alberta 23.4M t Inferred 74 mg/L ~$163 million Alberta & Saskatchewan 5.8M t Inferred 68 mg/L ~$52 million USA 3.14M t Indicated 199 mg/L ~$767 million Saskatchewan 4.1M t inferred 111 mg/L $70 million Priv-Public Transaction Alberta &
Slide 20: Share Structure and Corporate Information
Share Structure Issued & Outstanding 70,654,571 Warrants ($0.60, $0.90, $1.25) 11,529,226 Options 6,116,667 Fully Diluted 88,300,464 Corporate Information Financial Year End April 30 Auditors Baker Tilly WM LLP Transfer Agent Endeavor Trust Corporation Exchanges CSE: EMPS OTCQB: EMPPF
Slide 21: 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 ➢ Favourable geological setting: good reservoir quality, porosity, permeability and flow rates ➢ Proven, economically-driven project technical
Slide 22: Appendix: Lithium Market Trends
a a ° (3) n — < Ee wi = a = wi APPENDIX LITHIUM MARKET TRENDS
Slide 23: 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 24: Global lithium market size
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 25: 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