Electric Metals Announces Western Extension to The Emily Manganese Project with High-Grade Manganese Drill Intersections Up To 39.93 Meters Containing Zones of Up To 45.80% Mn (59.14% Mno)

Assay results from four step-out drill holes west of the deposit contain high manganese grades with up to 45.80% Mn in individual samples. Results include [1] :

• 40.94% Mn (52.86% MnO) over 7.92 meters within 19.43% Mn over 39.93m
• 38.94% Mn (50.28% MnO) over 3.23 meters within 19.12% Mn over 19.45m
• 45.80% Mn (59.14% MnO) over 1.53 meters within 15.60% Mn over 20.21m

Results from more western step-out drill holes at approximately 100m spacing are expected in coming weeks.

TORONTO, ON / ACCESSWIRE / September 21, 2023 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce assay results from six cored drill holes at the high-grade Emily Manganese Project ("Emily Project"), Minnesota, USA.

Previously reported results from the first fifteen diamond drill holes of the current program (refer announcements dated 27 ^th June 2023, 13 ^th July 2023 and 24 ^th August 2023) 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 (Table 1 and Figures 1-4).

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 (Figures 1 and 2, Table 1).

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 in coming weeks.

Representative high-grade drill core (Figure 5) 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) are listed in Table 2 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.

Figure 1. Location of drill holes 23044, 23057, 23056, 23045, 23055 and 23046A showing the project area, manganese host rock (Emily Iron Formation) and the location of cross sections in Figures 2, 3 and 4.

Figure 2. Cross section E-F (refer Figure 1) showing drill hole traces of 23057 and 23044, with manganese contents in assayed intervals and geology.

Figure 3. Cross section C-D (refer Figure 1) showing drill hole traces of 23056 and 23045, with manganese contents in assayed intervals and geology.

Figure 4. Cross section A-B (refer Figure 1) showing drill hole traces of 23055 and 23046A, with manganese contents in assayed intervals and geology.

Table 1. Average assay data for drill holes 23044, 23045, 23046A, 23055, 23056 and 23057 at the Emily Manganese Project [2] .

Table 2. Assay data of selected drill core from 23057. The drill core trays with drilled intervals between 282 feet (85.95 meters) and 296.6 feet (90.40 meters) photographed prior to sampling are shown in Figure 4.