Exceptional High Grade Rock Chips At Beryl Well

The Directors of eMetals Limited (ASX:EMT) (eMetals) (Company) are pleased to provide a further update on its exploration activities at its Beryl Well Project (E09/2156) in the Gascoyne Region of Western Australia following the receipt of assays from rock chip samples taken in November 2022.

Highlights

• BWRC3 26.47% Niobium & 6.68% Tantalum
• BWRD4 23.79% Niobium & 6.33% Tantalum

A field visit was undertaken in November 2022 by Company personnel to appraise historical exploration activities at Beryl Well. The Company took a total of 9 rock chip samples on both previously tested and untested pegmatites in and around the Beryl Well Project area and towards possible northern extensions of the pegmatite swarm. Complete results are shown in Table 1.

Although the extent of the niobium and tantalum rich material is yet to be specifically determined, Company personnel believe it is related to iron rich material confined to structural infill zones.

BERYL WELL PROJECT

The Beryl Well Project overlies the historical Nardoo & Morrissey Hill workings. Numerous pegmatites are described in the area and mica, beryl and tantalo-columbite have all been mined in the past. Reference 2 Drilling completed by EMT in 2021 focused on the southern pegmatites with a total of 30 reverse circulation holes for 1717 metres. The drilling was targeted on the outcropping pegmatite units to test the concept of cross cutting later structures providing a conduit to the mineralisation however no significant results were returned. The previous high grade rockchips returned by the work of VMC and the latest high grade results from EMTs recent sampling are located to the north of the drilling completed and the recent field visit focused on this area to assess any further potential.

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