Electric Metals Announces High-Grade Intercepts up to 48.5% MN (62.6% MnO)1 IN First Drill Results from the Emily Manganese Project
ELECTRIC METALS ANNOUNCES HIGH-GRADE INTERCEPTS UP TO 48.5% Mn
(62.6% MnO)1 IN FIRST DRILL RESULTS FROM THE EMILY MANGANESE PROJECT
MINNESOTA, USA
Drilling highlights from the first two diamond drill holes include2:
• 32.1 metres of 17.67% Mn from 106m including 4.3m of 44.47% Mn from 110.6m
• 34.9 metres of 21.19% Mn from 59.9m including 6.1m of 43.42% Mn from 66.0m
• 13 of the intercepts assayed above 40% Mn (51.6% MnO).
Toronto, Ontario, 27th June 2023: Electric Metals (USA) Limited (“EML” or the “Company”) (TSXV:
EML) (OTCQB: EMUSF) is pleased to announce first assay results of the inaugural 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 (Figure 1), an area with a rich mining
history and support from established local infrastructure, a skilled mining workforce and
abundant power and gas.
Figure 1. The Emily Project is part of the Emily District of the Cuyuna Iron Range in Crow Wing County,
Central Minnesota. The Emily Project includes the highest-grade manganese resource in North America.
Drill core has been logged, sampled and forwarded to the ALS laboratory, Reno, Nevada, for
analyses. Assay results of samples from the initial two diamond drill holes, 23001A and 23002A,
have been received from ALS, as reported below.
1 EML reports assayed manganese, not manganese oxide (MnO). For reference, 48.5% Mn converts to 62.6% MnO.
2 Intervals shown are drilled widths.
Each drill hole intersected intervals of more than 30m of high-grade manganese oxides plus iron
mineralization3 with average manganese content of more than 17% Mn (22% MnO). Each hole
also included zones with manganese grades exceeding 40% Mn (51.6% MnO). Data is summarized
in Table 1.
The two drill hole locations are shown in Figure 2 and a cross section displaying geology and assay
intervals is provided in Figure 3.
Table 1. Averaged assay data highlights for drill holes 23001A and 23002A at the Emily Manganese Project4.
Drill hole
number
From
(m)
To
(m)
Intercept
Length
(m)
True
Thickness
(m)
Average
Mn (%)
Conversion
to MnO (%)
Average
Fe (%)
23001A 71.02 80.16 9.14 9.14 15.86 20.48 39.29
including 74.07 75.59 1.52 1.52 28.60 36.93 33.81
23001A 106.00 138.10 32.10 32.10 17.67 22.82 17.85
including 106.00 114.90 8.90 8.90 36.12 46.64 12.80
containing 110.64 114.91 4.27 4.27 44.47 57.42 8.95
containing 113.69 114.91 1.22 1.22 48.50 62.60 6.73
including 117.53 120.76 3.23 3.23 29.76 38.43 26.53
23002A 59.90 94.80 34.90 32.40 21.19 27.36 11.51
including 65.99 72.09 6.10 5.67 43.42 56.06 13.74
containing 67.03 70.23 3.20 2.98 46.08 59.50 11.40
containing 67.03 67.64 0.61 0.57 47.10 60.82 10.46
containing 67.64 68.09 0.46 0.43 47.70 61.59 9.69
containing 69.65 70.23 0.58 0.54 47.80 61.72 9.93
Figure 2. Location of drill holes NSM 23001A and NSM 23002A showing Emily Manganese Project area,
manganese host rock (Emily Iron Formation) and locations of section in Figures 3.
3 Mineralogy of manganese oxides include manganite, braunite, cryptolomene, hollandite, jacobsite, and pyrolusite, and
iron mineralogy include hematite and goethite.
4 Assaying undertaken by ALS (Reno, NV) included a 23-element suite (ME-XRF21). High manganese samples (>25% Mn) were re-
assayed using ME ICP81.
Figure 3. Cross section A ’-B’ (refer Figure 2) at the Emily Manganese Project showing drill hole traces of
23001A (NSM-001) and 23002A (NSM-02), with manganese contents in assayed intervals and geology.
Figure 4. Manganite-pyrolusite mineralized drill core (48.5% Mn) in 23001A (113.7 metres).
This initial EML drilling program was designed to test and confirm historic drilling by U.S.
Steel, Pickands Mather and others from the 1930s and in particular, U.S. Steel’s 1959
designed ‘West Ruth Lake Mine’ which targeted 24,012,200 tons of ore @ 15.29% Mn and
23.38% Fe (refer NI 43 -101 Report by Brad M. Dunn (CPG), Barr Engineering Company,
December 5, 2022)5.
5 This report can be accessed at https://www.sedar.com.
32.1 meters of
17.67% Mn from
106m down-hole
including 4.27m of
44.47% Mn from
110.64m
9.14 metres of
15.86% Mn from
71.0m down-
hole
34.9 meters of
21.19% Mn from
59.9m down-hole
including 6.1m of
43.42% Mn from
65.99m
EML, operating under its wholly o wned Minnesotan subsidiary, North Star Manganese,
plans to drill approximately 30 holes in th e current drill program and is anticipating
completion of this stage of work in late summer 2023.
All of the 2023 drill information will be added into the Emily Manganese geologic model
which will then form the basis for an updated resource estimate, which will be completed
by the end of the year. Colorado -based Forte Dynamics Inc. have been appointed to
undertake the updated NI 43 -101 Technical Report, Resource Estimate, with an initial site
visit scheduled for later this month.
Gary Lewis, EML Group CEO commented, “Our team is encouraged by the high-grade and
thick intersections of the first two drill holes which have both intersected prominent +40%
manganese intervals . These are world -class intercepts, of the like not seen outside of
Southern Africa.”
“Both holes are located in the eastern portion of the West Ruth Lake area of U.S. Steel’s
1959 study. Our drilling is re-testing the eastern portion of the historic resource area and
will step-out towards the west to cover much of the U.S. Steel study area.”
“Electric Metals has secured the prospective lands into a coherent package, and we are now
able to fully evaluate the extent of the deposit. We look forward to reporting further assay
results as they come to hand.”
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, including 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 Co rcoran 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 (a s 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]
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statements rel ate to future events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements
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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,
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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 prices 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 to th e 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
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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.