Emergent Metals Corp. announced that it has staked 32 mineral claims, totaling 1,790 ha, west of and abutting its Casa South Property in Quebec. Together, with selected claims already controlled by the Company, a graphite exploration target is covered by approximately 75 mineral claims totaling 4,194 ha.

The target, on the west side of the larger 13,194 ha Casa South Property, hosts a north-west-southeast trending structure approximately 8 km in length (true with unknown) and is associated in an iron formation structure identified by geophysics and historic Assessment reports. The iron formation structure identified on the Casa South property was drilled with over a dozen historic drill holes, in various locations, spread along its northwest-southeast orientation. While assays were done for gold and other metals, no assays were done for graphite analysis.

In review the drill logs from this structure, significant graphite or graphitic zones are described and warrant further exploration. For example, in Assessment Report GM43138 by MPH Consulting Limited, the log for drill hole FK-86-01 describes several zones of graphitic argillite/metasediment and tuff as outlined in Table 1 below. Table 1 includes the following significant intercepts related to graphitic areas: Hole FK-86-01 was drilled by Philippon Drilling Inc. in February 1986.

Sampling was done prior to the implementation of National Instrument 43-101 or CIM guidelines for mineral exploration. Emergent's geologists have not verified this data. While historic explorers did not evaluate the graphite potential of the western part of the Casa South Property, it is clear from the drill logs that a well-defined graphite target exists from both geophysics and historic drilling that warrants exploration, including modern drilling and assaying to test the graphitic zones.

Successful divestitures include the sale of the Troilus North Property to Troilus Gold Corporation, sale of the East-West Property to O3 Mining Corporation and option of the Mindora (aka West Santa Fe Property) to Lahontan Gold Corporation. In Nevada, Emergent's Golden Arrow Property, is an advanced stage gold and silver property with a well-defined measured and indicated resource, 2018 Technical Report, and Plan of Operations and Environmental Assessment in place to allow a major drilling program, subject to financing. New York Canyon is a copper skarn, copper porphyry, and gold exploration property south of the Casa South Property.