Western Extension To The Emily Manganese Project

TORONTO - Electric Metals (USA) Limited (EML) reported on six cored drill holes at the high-grade Emily Manganese Project, in Minnesota. Previously reported results from the first fifteen diamond drill holes of the current program described continuity of thick intervals of more than 30% manganese with a northerly dip and east-west strike direction. The results reported in this announcement are for an additional six drill holes located on 100-meter collar spacing (23044, 23045, 23046A, 23055, 23056 and 23057) which confirm that these high-grade, thick manganese intervals extend for at least another 300 meters further to the west.

The results to date from the Company's 2023 drilling have shown that the high-grade manganese oxide mineralization (manganite) extends to at least 400 meters west of the 2020 NI 43-101 resource and has yet to be closed at depth or along trend. Step-out drilling at 100-meter drill collar spacing for approximately 400 meters has been completed to the west of holes 23046A and 23055 and assays from these seven holes are expected soon.

Representative high-grade drill core is dominated by the dark grey to black manganese oxide mineral manganite (MnO(OH)). Analyses of core samples from drill hole 23057 from between 282 feet (85.95 meters) and 296.6 feet (90.40 meters) and are typical for the high-grade portions of the deposit. The manganese content from samples taken from the core trays in Figure 5 ranges between 25.7%-42.3% Mn with a wider spread of iron assays (between 11.77%-29.17% Fe). The rock contains lesser contents of aluminium (2.69%- 5.36% Al 2 O 3 ) and silica (1.80%-5.62% SiO 2 ), minor amounts (less than 1%) of barium, calcium, potassium, sodium magnesium and trace phosphorus, strontium and titanium. There is no arsenic, chlorine, chrome, copper, nickel, lead, sulphur, vanadium or zinc in this selected core, and this is typical for the deposit.

Gary Lewis, Group CEO, said, "The thickness and grades of manganese continues to extend in new ground to the west of the current resource area. Drilling along the shallow southern edge of the north-dipping deposit has defined excellent continuity of high-grade manganese and this will assist future mine studies for the deposit. We are looking forward to reporting assays for the remaining seven holes when analyses are completed soon. With logging and sampling of drill core now complete, and final samples at the lab for assaying, our technical team is now focused on advancing the metallurgical testwork and finalizing the updated NI 43-101 mineral resource estimate, which remains on track for delivery in Q4:2023. Key environmental baseline studies are also scheduled to commence in coming weeks."