Electric Metals announces continuity of manganese mineralization and further high-grade intercepts up to 48.6% Mn (62.7% MnO) from drilling at the Emily Manganese Project, Minnesota, USA Drilling highlights from the most recent drill core assays1:
Electric Metals announces continuity of manganese mineralization
and further high-grade intercepts up to 48.6% Mn (62.7% MnO) from
drilling at the Emily Manganese Project, Minnesota, USA
Drilling highlights from the most recent drill core assays1:
• 33.9 metres of 17.93% Mn (23.2% MnO) from 58.2m including 5.39m of 42.5% Mn
(54.9% MnO) from 62.9m
• 30.1 metres of 18.2% Mn (23.5% MnO) from 106.1m including 3.05m of 48.6% Mn
(62.7% MnO) from 109.12m
• 13.0 meters of 18.9% Mn (24.4% MnO) from 119.6m 30.5 meters
These holes extend previously drilled manganese along-trend and at depth.
Toronto, Ontario, 13th July 2023: Electric Metals (USA) Limited (“EML” or the “Company”) (TSXV:
EML) (OTCQB: EMUSF) is pleased to announce recent assay results of the current drill program at
the high-grade Emily Manganese Project (“Emily Project”), Minnesota, USA. The Emily Project is
located in the Cuyuna Iron Range of central Minnesota, USA, an area with a rich mining history
and support from established local infrastructure, a skilled mining workforce and abundant power
and gas.
Results reported from the first two drill holes (refer to announcement dated 27th June 2023)
included substantial thicknesses of more than 40% manganese. Data from the next four drill
holes, which are summarized in this news release, confirm that similar high-grade manganese
extends both along-trend and to depth.
EML is currently drill testing the deposit to provide high-grade manganese feedstock as part of an
effort to determine the viability of a potential, future mine operation, and to produce chemicals
for the lithium-ion battery market. The United States is 100% reliant on imported manganese,
including manganese chemicals used for standard and lithium-ion batteries. EML’s goal is to be
able to secure approvals to process Emily manganese and provide manganese chemicals to
support future growth of electric vehicle production and energy storage infrastructure.
Assay results of samples from four diamond drill holes NSM 23003, NSM 23004, NSM 23005 and
NSM 23006 have been received. Each drill hole intersected intervals of high-grade manganese
oxide mineralization (manganite and pyrolusite, plus iron mineralization ) with manganese
contents of more than 17% Mn in many of the averaged intervals. High-grade zones with more
than 40% Mn are conspicuous. Data is summarized in Table 1 overleaf.
The four drill holes are located in Figure 1 and a cross section showing the geology and assayed
intervals are shown in Figure 2. At this east portion of the deposit high-grade zones of plus 40%
manganese extend for at least 150 meters down dip with well mineralized rock extending to at
least 250 meters. Importantly, the high-grade manganese zones correlate well with high-grade
manganese grades intersected in drill holes NSM 23001A and NSM 23002A (Figure 1) which were
located about 100m west of the cross section in Figure 2 and returned 32.1 metres of 17.67% Mn
1 Intervals shown are drilled widths.
from 106m including 5.3m of 43.18% Mn from 109.6m in NSM 23001A and 34.9 metres of 21.05%
Mn from 59.9m, including 5.3m of 44.66% Mn from 66.8m in NSM 23002A. A review of these
results is provided in the Company’s news release dated 27th June 2023.
Representative high-grade drill core (shown in Figure 3) is dominated by the dark grey to black
manganese oxide minerals manganite (MnO(OH)) and pyrolusite (MnO2). The results continue to
show that sulphides are not present in the high-grade manganese rock and importantly sulfur,
copper, nickel, zinc, lead and arsenic contents are negligible.
Table 1. Average assay data for drill holes 23003, 23004, 23005 and 23006 at the Emily Manganese Project2.
Drill core samples from additional, recently completed drill holes located along trend to the west
of this reported drilling have been forwarded for assaying and results from these are expected
during coming weeks. Drilling is continuing to step westward at approximately 100-meter collar
spacing and EML expects that this stage of drill work will be completed in late July.
2 Assaying undertaken by ALS (Reno, NV) included a 23-element suite (ME-XRF21). High manganese samples (>25% Mn) were re-
assayed using ME ICP81.
Drill Hole
Number
From
To
Intercept
Length
From
To
Intercept
Length
Average
Mn
Convert
to MnO
Average
Fe
meters meters meters feet feet Feet % % %
23003 58.22 92.11 33.89 191.0 302.2 111.2 17.93 23.15 19.58
Including 58.22 68.46 10.24 191.0 224.6 33.6 36.04 46.53 19.28
containing 62.88 68.28 5.39 206.3 224.0 17.7 42.50 54.88 12.01
23004 69.19 99.67 30.48 227.0 327.0 100.0 11.48 14.82 34.57
including 69.19 75.07 5.88 227.0 246.3 19.3 27.40 35.38 34.61
23004 106.07 136.18 30.11 348.0 446.8 98.8 18.18 23.47 19.51
including 106.07 117.20 11.13 348.0 384.5 36.5 32.50 41.96 20.79
including 109.12 112.17 3.05 358.0 368.0 10.0 48.55 62.69 7.26
23005 122.29 131.98 9.69 401.2 433.0 31.8 8.55 11.04 34.38
including 123.14 124.97 1.83 404.0 410.0 6.0 17.64 22.78 31.15
23005 142.49 164.59 22.10 467.5 540.0 72.5 7.15 9.23 25.95
including 142.49 147.46 4.97 467.5 483.8 16.3 11.58 14.95 23.00
23005 173.07 176.20 3.14 567.8 578.1 10.3 11.41 14.73 17.54
23006 75.29 80.62 5.33 247.0 264.5 17.5 13.46 17.38 33.10
including 76.11 78.85 2.74 249.7 258.7 9.0 20.24 26.13 26.48
23006 89.40 99.52 10.12 293.3 326.5 33.2 6.44 8.32 26.94
23006 119.57 132.59 13.01 392.3 435.0 42.7 18.91 24.42 17.48
23006 139.81 144.17 4.36 458.7 473.0 14.3 5.94 7.67 19.30
23006 149.66 152.10 2.44 491.0 499.0 8.0 9.01 11.63 20.96
Figure 1. Location of drill holes NSM 23003, NSM 23004, NSM 23005 and NSM 23006 showing the project
area, manganese host rock (Emily Iron Formation) and the location of cross section in Figure 2. Data for drill
holes NSM 23001A and NSM 23002A were reported in a previous update.
Figure 2. Cross section A-B (refer Figure 1) showing drill hole traces of NSM 23003, NSM 23004, NSM 23005
and NSM 23006.
Figure 3. Metallic sheen on high -grade manganese oxides in drill hole NSM 23003. This interval forms a
portion of a 5.39-meter-wide drill intersection (17.7 feet) between 62.88 and 68.28 meters which averaged
44.5% Mn (57.5% MnO).
EML, operating under its wholly owned Minnesotan subsidiary, North Star Manganese Inc,
plans to drill approximately 30 holes in the current drill program and is anticipating
completion of this stage of work in late summer 2023.
Forte Dynamics Inc, Lakewood CO have commenced evaluation of sampling procedures,
drilling and assay data and will complete a resource estimate for an expanded Emily
Manganese deposit when final drill results have been received. A n NI43-101 Technical
Report, Resource Estimate is expected to be completed in 2023.
Gary Lewis, Group CEO of Electric Metals commented on the progress at Emily: “Exploration
at Emily continues to go from strength to strength a s the extent of the deposit appears to
grow with each drill hole completed. Our technical team continue s to be impressed by the
exceptional manganese grade and continuity of this unique deposit.”
“And with unprece dented growth and investment in downstream battery applications ,
particularly in EVs, markets are finally taking notice of the importance of manganese-based
cathode chemistries”.
“The location and apparent continuity of the very high manganese grades at Emily, along
trend and at depth, are important to help EML complete the process to assess the viability
of this deposit and the opportunity to supply the domestic USA market with battery grade
manganese products.”
EML is also pleased to announce the launch of its new website, which can be found at
www.electricmetals.com.
Qualified Person
The scientific and technical data contained in this news release was reviewed and approved
by Ian James Pringle PhD, who is a Qualified Person under National Instrument 43 -101
Standards of Disclosure for Mineral Projects.
About Electric Metals (USA) Limited
Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) is a U.S.-based mineral
development company with manganese and silver projects geared to supporting the transition
to clean energy. The Company’s principal asset is the Emily Manganese Project in Minnesota,
which has been the subject of considerable technical studies, inc luding a National
Instrument 43-101 Technical Report – Resource Estimate, with over US$26 million invested
to date. The Company’s mission in Minnesota is to become a domestic U.S. producer of high-
purity, high-value manganese metal and chemical products for supply to U.S. energy, technology
and industrial markets. With manganese playing a critical and prominent role in lithium-ion
battery formulations, and with no current domestic supply or active mines for manganese in
North America, the development of the Emily Manganese Project represents a significant
opportunity for America, the State of Minnesota and for the Company’s shareholders. In
addition, the Company owns and operates the Corcoran Silver -Gold Project and the
Belmont Silver Project in Nevada, with the former also having been the subject of a National
Instrument 43-101 Technical Report – Resource Estimate.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
For further Information please contact:
Gary Lewis, Group CEO & Director: (647) 846 5299 - [email protected]
Caution Regarding Forward-Looking Information
Certain statements contained in this news release constitute forward -looking information. These
statements relate to future events or future performance. The use of any of t he words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to identify forward-looking information
and are based on EML's current b elief or assumptions as to the outcome and timing of such future
events. Actual future results may differ materially. In particular, this news release contains forward-
looking information relating to, among other things, the development of the Company’s pr ojects.
Those assumptions and factors are based on information currently available to EML. Although such
statements are based on reasonable assumptions of EML's management, there can be no assurance
that any conclusions or forecasts will prove to be accurate.
While EML considers these statements to be reasonable based on information currently available,
they may prove to be incorrect. Forward -looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements to
be materially different from any future results, performance or achievements expressed or implied
by the forward-looking information. Such factors include market risks and the demand for securities
of the Company, risks inherent in the exploration and development of mineral deposits, including
risks relating to changes in project parameters as plans continue to be redefined, risks relating to
variations in grade or recovery rates, risks relating to changes in mineral pri ces and the worldwide
demand for and supply of minerals, risks related to increased competition and current global
financial conditions, access and supply risks, reliance on key personnel, operational risks, and
regulatory risks, including risks relating t o the acquisition of the necessary licenses and permits,
financing, capitalization and liquidity risks.
The forward-looking information contained in this news release is made as of the date hereof, and
EML is not obligated, and does not undertake, to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, except as required by applicable
securities laws. Because of the risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The foregoing statements expressly
qualify any forward-looking information contained herein.