Electric Metals (USA) Limited (“Electric Metals“, “EML” or the “Company“) (TSXV: EML) (OTCQB: EMUSF) is pleased to announce the filing of the upgraded Mineral Resource Estimate for the 100% owned Emily Manganese Project in central Minnesota. The Mineral Resource Estimate was prepared in accordance with National Instrument 43‐101 (“NI 43‐101”) by Forte Dynamics, Inc. (“Forte”).
The upgraded Mineral Resource Estimate is based on a geological model incorporating data from the 2023 drilling program by North Star Manganese Inc (NSM), a subsidiary of the Company, and historical drilling in 2011 and 2012. The estimate confirms and expands the previous Mineral Resource Estimate from 2022. Results of the upgraded Mineral Resource Estimate (Table 1) are as follows:
Table 1: Emily Classified Mineral Resource Estimate (k metric tons)
Notes associated with Table 1 were reported in the April 9, 2024 Electric Metals (USA) Limited press release.
Brian Savage, CEO, Electric Metals, commented “We are pleased to file the upgraded NI 43-101 Mineral Resource Estimate for our Emily Manganese Project in Minnesota, confirming the highest grade manganese resource in North America and solidifying our position as a key player in North America’s manganese market. Our plan going forward is to convert these resources into high-grade mineable reserves, and to advance the metallurgical testing to refine and optimize the flow sheet for the production of high-value, high-grade manganese chemicals and products.”
