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Electric Metals (USA) Limited Updates Emily Manganese Deposit Metallurgical Test Work

Metallurgy & Processing

ELECTRIC METALS (USA) LIMITED UPDATES EMILY MANGANESE DEPOSIT METALLURGICAL TEST WORK

• Current direct leaching results successful in achieving high manganese extractions of more than

90% using a reductant

• Previous leach test work confirmed +80% recovery of manganese and produced a number of

chemical grade manganese products including EMD, EMM, and MnCO3 in the lab

• Focus is now on developing a viable optimized flow sheet

Toronto, Ontario, April 22, 2024 – Electric Metals (USA) Limited (“EML” or the “Company”) (TSXV: EML)

(OTCQB: EMUSF) is pleased to provide a review and progress report on the manganese metallurgical test

work with Kemetco Research Inc., of Richmond, BC, Canada, from samples obtained from the Company’s

Emily manganese deposit, located in central Minnesota. Kemetco is one the leading metallurgical firms

specializing in the extracWon and processing of manganese ores and compounds worldwide.

As reported in the 2022 NI 43-101, Kemetco was commissioned in 2013 to undertake parametric leach

tests on Emily manganese ore to provide an iniWal determinaWon of leaching condiWons and the ulWmate

manganese recovery potenWal. Using a leaching protocol that uWlizes SO2 as a reducing agent, Kemetco

demonstrated that more than 80% of the manganese could be recovered from the feed without requiring

pre-concentraWon. Kemetco also performed a larger batch leach and used the purified leach soluWon in

laboratory-scale electrowinning to produce of chemical grade manganese dioxide (MnO2), electrolyWc

manganese metal (EMM) and chemical grade manganese carbonate (MnCO3).

In 2023, Electric Metals recommissioned Kemetco to conWnue working on the metallurgy and commercial

processing. The 2023-4 metallurgical test work at Kemetco uWlized two manganese composites weighing

approximately 228 kilograms taken from 40 samples:

• Higher grade whole rock composite sample (37.0% Mn, 19.03% Fe, and 4.61% SiO2), and

• Lower grade whole rock composite sample (15.57% Mn, 20.61% Fe, and 38.45% SiO2)

The leach opWmizaWon tests are leveraging off of the earlier studies and have been conducted to

determine appropriate condiWons and likely leach yields. The acid leach tests indicate that high manganese

extracWons recovered more than 90% manganese using a reductant. The metallurgical test work is ongoing

with expectaWons of developing a viable process flowsheet for the project in the coming months. Future

work will focus on the opWmizaWon of the proposed approaches.

This work has been conducted to determine what products can be economically produced from Emily ore,

including High Purity Manganese Sulphate Monohydrate (HPMSM) which is essenWal and a major

component to electric vehicle (EV) baieries, rechargeable baieries, and other emerging energy storage

applicaWons.

Brian Savage, CEO, Electric Metals, commented “we are very pleased to be working with Kemetco, a

renowned metallurgical laboratory, to advance the Emily manganese deposit metallurgical test work. Our

focus is on producing HPMSM, crucial for the EV baiery sector, and other high-value manganese

chemicals. We look forward to conWnued posiWve results”.

Qualified Person

The scienWfic and technical data contained in this news release was reviewed and approved by Norman

Chow, PEng, who is a Qualified Person under NaWonal Instrument 43-101 Standards of Disclosure for

Mineral Projects.

About Kemetco Research Inc.

Kemetco Research Inc is a Richmond, BC, Canada based company specializing in ExtracWve Metallurgy,

Mineral Processing, Specialty Chemistry, Chemical Processing, Baiery Technology, and Green Technology

with experience in manganese processing. Kemetco clients range from mulWbillion dollar producWon

companies to engineering contractors and exploraWon companies. The company offers services including

metallurgical tesWng, flowsheet development, laboratory opWmizaWon, and pilot work.

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 supporWng the transiWon 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 NaWonal Instrument 43-101 Technical Report – Resource EsWmate, with over

US$26 million invested to date. The Company’s mission in Minnesota is to become a domesWc 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 criWcal and prominent role in lithium-ion

baiery formulaWons, and with no current domesWc supply or acWve 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.

For further informaTon please contact

Brian Savage

CEO and Director

(303) 656-9197

[email protected]

Neither the TSX Venture Exchange nor its RegulaWon 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.

Forward-Looking InformaTon

This news release contains “forward-looking informaWon” and “forward-looking statements” (collecWvely,

“forward-looking informaWon”) within the meaning of applicable securiWes laws. Forward -looking

informaWon is generally idenWfiable by use of the words “believes,” “may,” “plans,” “will,” “anWcipates,”

“intends,” “could” , “esWmates” , “expects” , “forecasts” , “projects” and similar expressions, and the negaWve

of such expressions.

Forward-looking statements in this news release include, but are not limited to, statements with respect

to the announcement of updated metallurgical test work to produce baiery grade high purity manganese

sulphate monohydrate (HPMSM) and other high-grade manganese products from the Emily Manganese

Project ore.

These statements address future events and condiWons and so involve inherent risks, uncertainWes and

other factors that could cause actual events or results to differ materially from esWmated or anWcipated

events or results implied or expressed in such forward-looking statements. Such risks include, but are not

limited to, the failure to obtain all necessary stock exchange and regulatory approvals. Forward-looking

informaWon is based on the reasonable assumpWons, esWmates, analysis and opinions of management

made in light of its experience and percepWon of trends, current condiWons and expected developments,

and other factors that management believes are relevant and reasonable in the circumstances at the date

such statements are made. Although the Company has aiempted to idenWfy important factors that could

cause actual results to differ materially from those contained in forward-looking informaWon, there may

be other factors that cause results not to be as anWcipated. There can be no assurance that such

informaWon will prove to be accurate, as actual results and future events could differ materially from those

anWcipated in such informaWon. Accordingly, readers should not place undue reliance on forward-looking

informaWon.

All forward-looking informaWon herein is qualified in its enWrety by this cauWonary statement, and the

Company disclaims any obligaWon to revise or update any such forward-looking informaWon or to publicly

announce the result of any revisions to any of the forward-looking informaWon contained herein to reflect

future results, events, or developments, except as required by law.