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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

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

Electric Metals在美國明尼蘇達州艾米麗錳礦項目的首次鑽探結果中宣佈高達48.5%(62.6%mNO)(1)的高品位截距
Accesswire ·  2023/06/27 20:45

Drilling highlights from the first two diamond drill holes include2:

前兩個金剛石鑽孔的鑽孔亮點包括2:

  • 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).
  • 來自 106m 的 17.67% Mn 的 32.1 米,包括來自 110.6 米的 44.47% Mn 中的 430m
  • 34.9 米從 59.9 米處獲得 21.19% Mn,包括 660m 的 43.42% Mn 中的 610 萬米
  • 其中 13 次攔截的檢測值超過 40% Mn(51.6% mNO)。

TORONTO, ON / ACCESSWIRE / June 27, 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.

安大略省多倫多/ACCESSWIRE/2023 年 6 月 27 日/ Electric Metals(美國)有限公司(“EML” 或 “公司”)(多倫多證券交易所股票代碼:EML)(OTCQB: EMUSF)很高興地宣佈美國明尼蘇達州高品位艾米麗錳礦項目(“Emily Project”)首個鑽探項目的首次化驗結果。Emily Project 位於美國明尼蘇達州中部的庫尤納鐵嶺(圖 1),該地區擁有豐富的採礦歷史,並得到了成熟的當地基礎設施、熟練的採礦勞動力以及充足的電力和天然氣的支持。

Figure 1. The Emily Project is part of the Emily District of the Cuyuna Iron Range in Crow Wing County

圖 1。Emily Project 是 Crow Wing County 庫尤納鐵嶺艾米麗區的一部分

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.

鑽芯已被記錄、採樣並轉交給內華達州里諾的ALS實驗室進行分析。如下文所述,已經從ALS收到了最初兩個金剛石鑽孔(23001A和23002A)樣品的化驗結果。

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.

1 EML 報告稱,分析的是錳,而不是氧化錳 (mNO)。作爲參考,48.5% 的 Mn 轉換爲 62.6% 的 mNO。
2 顯示的間隔是鑽孔寬度。

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.

每個鑽孔的相交間隔超過30米的高品位氧化錳加上鐵礦化3 平均錳含量超過 17% Mn(22% mNO)。每個洞還包括錳等級超過 40% Mn(51.6% mNO)的區域。表 1 彙總了數據。

The two drill hole locations are shown in Figure 2 and a cross section displaying geology and assay intervals is provided in Figure 3.

兩個鑽孔位置如圖 2 所示,顯示地質和分析間隔的橫截面如圖 3 所示。

Table 1. Averaged assay data highlights for drill holes 23001A and 23002A at the Emily Manganese Project4.

表 1。艾米麗錳項目鑽孔 23001A 和 23002A 的平均分析數據亮點4

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.

圖 2。鑽孔 NSM 23001A 和 NSM 23002A 的位置,顯示了 Emily Mangance 項目區域、錳宿主巖(Emily Iron Formation)和剖面位置,如圖 3 所示。

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.

3 氧化錳的礦物學包括錳礦、braunite、cryptolomene、hollandite、jacobsite 和 pyrolusite,而鐵礦物學包括赤鐵礦和針鐵礦。
4 ALS(內華達州里諾)進行的化驗包括一個由23個元素組成的套件(ME-XRF21)。使用 ME ICP81 對高錳樣品(> 25% Mn)進行了重新分析。

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.

圖 3。Emily Mangance Project的橫截面A'-B'(參見圖2)顯示了23001A(NSM-001)和23002A(NSM-02)的鑽孔痕跡,分析的間隔和地質中含有錳含量。

Figure 4. Manganite-pyrolusite mineralized drill core (48.5% Mn) in 23001A (113.7 metres).

圖 4。23001A(113.7 米)處的 manganite-pyrolusite 礦化鑽芯(48.5% Mn)。

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.

最初的 EML 鑽探計劃旨在測試和確認美國鋼鐵公司、Pickands Mather 等公司在 20 世紀 30 年代的歷史性鑽探,特別是美國鋼鐵公司 1959 年設計的 “西露絲湖礦”,目標是 24,012,200 噸礦石 @ 15.29% Mn 和 23.38% 的鐵(參見 Brad M. Dunn(CPG)的 NI 43-101 報告,巴爾工程公司,2022 年 12 月 5 日)5

5 This report can be accessed at .

5 該報告可在以下網址查閱

EML, operating under its wholly owned Minnesotan subsidiary, North Star Manganese, plans to drill approximately 30 holes in the current drill program and is anticipating completion of this stage of work in late summer 2023.

EML在明尼蘇達州的全資子公司North Star Mangance下運營,計劃在目前的鑽探計劃中鑽大約30個洞,並預計該階段的工作將於2023年夏末完成。

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.

所有2023年的鑽探信息都將添加到Emily Mangance地質模型中,然後該模型將構成更新資源估算的基礎,該估算將於今年年底完成。總部位於科羅拉多州的Forte Dynamics Inc. 已被任命編寫更新後的NI 43-101技術報告《資源估計》,並計劃於本月晚些時候進行首次實地考察。

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."

EML集團首席執行官Gary Lewis評論說:“我們的團隊對前兩個鑽孔的高品位和厚度相交感到鼓舞,這兩個鑽孔的交叉點都與突出的 +40% 的錳間隔相交。這些是世界一流的攔截,在南部非洲以外從未見過。”

"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."

“這兩個洞都位於美國鋼鐵公司1959年研究的西露絲湖地區的東部。我們的鑽探正在重新測試歷史資源區的東部,並將向西移動,覆蓋美國鋼鐵公司的大部分研究區域。”

"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."

“Electric Metals已將潛在土地整合到一個連貫的一攬子計劃中,我們現在能夠全面評估礦牀的範圍。我們期待在獲得進一步的化驗結果時報告這些結果。”

Qualified Person

合格人員

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.

本新聞稿中包含的科學和技術數據由伊恩·詹姆斯·普林格爾博士審查和批准,他是國家儀器43-101礦產項目披露標準下的合格人士。

About Electric Metals (USA) Limited

關於電氣金屬(美國)有限公司

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 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.

Electric Metals(美國)有限公司(多倫多證券交易所股票代碼:EML)(OTCQB: EMUSF)是一家總部位於美國的礦產開發公司,其錳和白銀項目旨在支持向清潔能源的過渡。該公司的主要資產是位於明尼蘇達州的Emily Mangance項目,該項目一直是大量技術研究的主題,包括國家儀器43-101技術報告——資源估計,迄今已投資超過2600萬美元。該公司在明尼蘇達州的使命是成爲美國國內的高純度、高價值錳金屬和化學產品的生產商,供應給美國能源、技術和工業市場。由於錳在鋰離子電池配方中起着至關重要的作用,而且目前北美沒有國內錳供應或活躍的礦山,艾米麗錳項目的開發對美國、明尼蘇達州和公司的股東來說都是一個重要的機會。此外,該公司還擁有並運營內華達州的Corcoran Silver-Gold項目和貝爾蒙特白銀項目,前者也曾是國家儀器43-101技術報告——資源估算的主題。

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.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

For further Information please contact:
Gary Lewis, Group CEO & Director: (647) 846 5299 - gl@electricmetals.com

欲瞭解更多信息,請聯繫:
集團首席執行官兼董事加里·劉易斯:(647) 846 5299-gl@electricmetals.com

Caution Regarding Forward-Looking Information

關於前瞻性信息的注意事項

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 the 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 belief 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 projects. 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.

本新聞稿中包含的某些陳述構成前瞻性信息。這些陳述與未來事件或未來表現有關。使用任何 “可以”、“打算”、“期望”、“相信”、“將”、“預測”、“估計” 等詞語以及與非歷史事實有關的類似表達和陳述都旨在識別前瞻性信息,並基於EML目前對此類未來事件結果和時間的看法或假設。未來的實際結果可能會有重大差異。特別是,本新聞稿包含與公司項目開發有關的前瞻性信息。這些假設和因素基於EML目前獲得的信息。儘管此類陳述基於EML管理層的合理假設,但無法保證任何結論或預測會被證明是準確的。

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 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 the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.

儘管根據目前獲得的信息,EML認爲這些陳述是合理的,但它們可能被證明是不正確的。前瞻性信息涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致實際業績、業績或成就與前瞻性信息所表達或暗示的任何未來業績、業績或成就存在重大差異。這些因素包括市場風險和公司證券需求、礦牀勘探和開發所固有的風險,包括計劃不斷重新定義時與項目參數變化有關的風險、與品位或回收率變動相關的風險、與礦產價格變化以及全球礦產需求和供應相關的風險、與競爭加劇和當前全球金融狀況相關的風險、准入和供應風險、對關鍵人員的依賴、運營風險以及監管風險,包括與獲得必要的執照和許可證有關的風險, 融資, 資本化和流動性風險.

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.

本新聞稿中包含的前瞻性信息自發布之日起提供,除非適用的證券法要求,否則EML沒有義務也不承諾更新或修改任何前瞻性信息,無論是由於新信息、未來事件還是其他原因。由於本文包含的風險、不確定性和假設,投資者不應過度依賴前瞻性信息。上述陳述明確限定了此處包含的任何前瞻性信息。

SOURCE: Electric Metals (USA) Limited

來源: 電氣金屬(美國)有限公司


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