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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

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

Electric Metals宣布锰矿化的连续性,并进一步从美国明尼苏达州的艾米丽锰矿项目钻探中获得高达48.6%Mn(62.7%mNO)的高品位截留量
Accesswire ·  2023/07/13 21:40

Drilling highlights from the most recent drill core assays1:

最新钻芯分析的钻探亮点1:

  • 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
  • 33.9 米为 17.93% Mn(23.2% mnO),从 58.2 万英尺起,包括 6290 万的 539 万英尺 42.5% Mn(54.9% mNO)
  • 30.1 米的 18.2% Mn(23.5% mNO)从 1061 米处获得 30.1 米,包括 109.12 米的 30.5 米 48.6% Mn(62.7% mNO)
  • 13.0 米 18.9% Mn(24.4% mNO)从 119.6 米 30.5 米处获得 13.0 米

These holes extend previously drilled manganese along-trend and at depth.

这些孔沿着趋势和深度延伸了先前钻出的锰矿。

TORONTO, ON / ACCESSWIRE / July 13, 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.

安大略省多伦多/ACCESSWIRE /2023 年 7 月 13 日/ Electric Metals(美国)有限公司(“EML” 或 “公司”)(多伦多证券交易所股票代码:EML)(OTCQB: EMUSF)很高兴地宣布美国明尼苏达州高品位艾米丽锰矿项目(“Emily Project”)当前钻探计划的最新化验结果。Emily Project位于美国明尼苏达州中部的库尤纳铁岭,该地区拥有丰富的采矿历史,并得到了成熟的当地基础设施、熟练的采矿劳动力以及充足的电力和天然气的支持。

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.

前两个钻孔报告的结果(参见2023年6月27日的公告)包括锰含量超过40%的巨大厚度。本新闻稿中总结了接下来的四个钻孔的数据,证实了类似的高品位锰既延伸到趋势又延伸到深度。

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.

EML目前正在对该矿床进行钻探测试,以提供高品位的锰原料,这是确定未来潜在矿山运营的可行性以及为锂离子电池市场生产化学品的努力的一部分。美国 100% 依赖进口锰,包括用于标准电池和锂离子电池的锰化学品。EML的目标是能够获得加工Emily锰的批准,并提供锰化学品,以支持电动汽车产量和储能基础设施的未来增长。

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.

已经收到了来自四个金刚石钻孔 NSM 23003、NSM 23004、NSM 23005 和 NSM 23006 的样本的化验结果。每个钻孔都与高品位氧化锰矿化(锰矿和软锰矿,加上铁矿化)的间隔相交,在许多平均间隔内,锰含量超过17%。锰含量超过 40% 的高品位区域很明显。下页表 1 汇总了数据。

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 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.

四个钻孔位于图 1 中,显示地质和测定间隔的横截面如图 2 所示。在矿床的东部,锰含量超过40%的高品位区域向下延伸了至少150米,矿化良好的岩石延伸到至少250米。重要的是,高品位锰区与钻孔 NSM 23001A 和 NSM 23002A(图 1)相交的高品位锰等级非常相关,这些钻孔位于图 2 横截面以西约 100 米处,从 106m 返回 32.1 米 17.67% 的锰,包括 NSM 23001A 的 109.6m 的 53.18% 锰从 59.9 米处返回 34.9 米,包括来自NSM 23002A的6,680万的44.66%中的530万英镑。公司于27日发布的新闻稿中对这些业绩进行了回顾第四 2023 年 6 月。

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.

具有代表性的高品位钻芯(如图 3 所示)以深灰色至黑色氧化锰矿物锰矿(mNO (OH))和软锰矿(MnO2)为主。结果继续表明,高品位锰岩中不存在硫化物,重要的是,硫、铜、镍、锌、铅和砷的含量可以忽略不计。

Table 1. Average assay data for drill holes 23003, 23004, 23005 and 23006 at the Emily Manganese Project2.

表 1。艾米丽锰项目钻孔 23003、23004、23005 和 23006 的平均分析数据2

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.

最近完成的钻孔位于本报告的钻探以西的趋势沿线的其他钻孔的钻芯样本已送交化验,预计将在未来几周内得出结果。钻探继续向西移动,钻井环间距约为100米,EML预计这一阶段的钻探工作将在7月下旬完成。

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.

图 1。钻孔 NSM 23003、NSM 23004、NSM 23005 和 NSM 23006 的位置,显示了图 2 中的项目区域、锰宿主岩(Emily Iron Formation)和横截面位置。在之前的更新中报告了钻孔 NSM 23001A 和 NSM 23002A 的数据。

Figure 2. Cross section A-B (refer Figure 1) showing drill hole traces of NSM 23003, NSM 23004, NSM 23005 and NSM 23006.

图 2。横截面 A-B(参见图 1)显示了 NSM 23003、NSM 23004、NSM 23005 和 NSM 23006 的钻孔痕迹。

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).

图 3。钻孔 NSM 23003 中高品位氧化锰上有金属光泽。该间隔构成了介于62.88至68.28米之间的5.39米宽的钻头交叉路口(17.7英尺)的一部分,平均为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.

EML在明尼苏达州的全资子公司North Star Mangance Inc下运营,计划在目前的钻探计划中钻大约30个洞,并预计该阶段的工作将于2023年夏末完成。

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. An NI43-101 Technical Report, Resource Estimate is expected to be completed in 2023.

位于科罗拉多州莱克伍德的Forte Dynamics Inc已开始评估采样程序、钻探和分析数据,并将在收到最终钻探结果后完成扩建后的艾米丽锰矿床的资源估算。NI43-101 技术报告,资源估算预计将于 2023 年完成。

Gary Lewis, Group CEO of Electric Metals commented on the progress at Emily: "Exploration at Emily continues to go from strength to strength as the extent of the deposit appears to grow with each drill hole completed. Our technical team continues to be impressed by the exceptional manganese grade and continuity of this unique deposit."

Electric Metals集团首席执行官Gary Lewis对Emily的进展发表了评论:“随着每个钻孔的完工,矿床的范围似乎都在增加,艾米丽的勘探继续蓬勃发展。这个独特的矿床的卓越锰品位和连续性继续给我们的技术团队留下深刻的印象。”

"And with unprecedented growth and investment in downstream battery applications, particularly in EVs, markets are finally taking notice of the importance of manganese-based cathode chemistries".

“随着下游电池应用(尤其是电动汽车)前所未有的增长和投资,市场终于意识到了锰基阴极化学的重要性”。

"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."

“艾米丽高锰品位的位置和明显的连续性,无论是趋势还是深度,对于帮助EML完成评估该矿床的可行性以及向美国国内市场供应电池级锰产品的机会的过程非常重要。”

EML is also pleased to announce the launch of its new website, which can be found at .

EML还很高兴地宣布推出其新网站,该网站可在以下网址找到 。

Qualified Person

合格人员

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.

本新闻稿中包含的科学和技术数据由伊恩·詹姆斯·普林格尔博士审查和批准,他是国家仪器43-101矿产项目披露标准下的合格人士。

1 Intervals shown are drilled widths.
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.

1 显示的间隔是钻孔宽度。
2 ALS(内华达州里诺)进行的化验包括一个由23个元素组成的套件(ME-XRF21)。使用 ME ICP81 对高锰样品(> 25% Mn)进行了重新分析。

About Electric Metals (USA) Limited

关于电气金属(美国)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(美国)有限公司(多伦多证券交易所股票代码:EML)(OTCQB: EMUSF)是一家总部位于美国的矿产开发公司,其锰和白银项目旨在支持向清洁能源的过渡。该公司的主要资产是位于明尼苏达州的Emily Mangance项目,该项目一直是大量技术研究的主题,包括国家仪器43-101技术报告——资源估计,迄今已投资超过2600万美元。该公司在明尼苏达州的使命是成为美国国内的高纯度、高价值锰金属和化学产品的生产商,供应给美国能源、技术和工业市场。由于锰在锂离子电池配方中起着至关重要的作用,而且目前北美没有国内锰供应或活跃的矿山,艾米丽锰项目的开发对美国、明尼苏达州和公司的股东来说都是一个重要的机会。此外,该公司还拥有并运营内华达州的Corcoran Silver-Gold项目和贝尔蒙特白银项目,前者也曾是国家仪器43-101技术报告——资源估算的主题。

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.

多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

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

欲了解更多信息,请联系:
集团首席执行官兼董事加里·刘易斯:(647) 846 5299-gl@electricmetals.com

Caution Regarding Forward-Looking Information

关于前瞻性信息的注意事项

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.

本新闻稿中包含的某些陈述构成前瞻性信息。这些陈述与未来事件或未来表现有关。使用任何 “可以”、“打算”、“期望”、“相信”、“将”、“预测”、“估计” 等词语以及与非历史事实有关的类似表达和陈述都旨在识别前瞻性信息,并基于EML目前对此类未来事件结果和时间的看法或假设。未来的实际结果可能会有重大差异。特别是,本新闻稿包含与公司项目开发有关的前瞻性信息。这些假设和因素基于EML目前获得的信息。尽管此类陈述基于EML管理层的合理假设,但无法保证任何结论或预测会被证明是准确的。

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.

尽管根据目前获得的信息,EML认为这些陈述是合理的,但它们可能被证明是不正确的。前瞻性信息涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致实际业绩、业绩或成就与前瞻性信息所表达或暗示的任何未来业绩、业绩或成就存在重大差异。这些因素包括市场风险和公司证券需求、矿床勘探和开发所固有的风险,包括计划不断重新定义时与项目参数变化有关的风险、与品位或回收率变动相关的风险、与矿产价格变化以及全球矿产需求和供应相关的风险、与竞争加剧和当前全球金融状况相关的风险、准入和供应风险、对关键人员的依赖、运营风险以及监管风险,包括与获得必要的执照和许可证有关的风险, 融资, 资本化和流动性风险.

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.

本新闻稿中包含的前瞻性信息自发布之日起提供,除非适用的证券法要求,否则EML没有义务也不承诺更新或修改任何前瞻性信息,无论是由于新信息、未来事件还是其他原因。由于本文包含的风险、不确定性和假设,投资者不应过度依赖前瞻性信息。上述陈述明确限定了此处包含的任何前瞻性信息。

SOURCE: Electric Metals (USA) Limited

来源: 电气金属(美国)有限公司


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