Electric Metals Ltd. is delighted to announce the appointment of Mr. Brian Savage to the board of directors in addition to his position of President and Chief Executive Officer. Mr. Savage will stand for election by the Shareholders of the Company at the next Annual General Meeting. As announced on February 1, 2024, the main goal for Mr. Savage is [...]
Electric Metals Ltd. is delighted to announce the appointment of Mr. Brian Savage to the position of President and Chief Executive Officer, effective today. Mr. Savage replaces Mr. Gary Lewis who has resigned all positions with the Company. The Board thanks Mr. Lewis for his service to the Company and wishes him well in his future endeavours. The [...]
Electric Metals Ltd. announces that its Chief Executive Officer, Gary Lewis, has submitted his resignation as an officer of the Company to take effect on March 1, 2024, or such earlier date as determined by the Board of Directors. Gary will remain involved with the Company until his departure and will work with the Board to find a replacement. The [...]
Sale proceeds delivers a combination of cash, shares and a multi-year exploration expenditure commitment. Enables EML to focus on developing the high-grade Emily Manganese Project, Minnesota, while retaining an economic interest in the Nevada silver assets. Electric Metals Ltd. is pleased to announce that it has entered into an option and [...]
Assay results from the final seven drill holes confirm that thick intersections of high-grade manganese extend along trend for more than 1,100 meters , containing grades up to 46.3% Mn in individual samples. Results include[1]: 46.30% Mn over 1.46 meters within 16.62% Mn over 20.60m 44.60% Mn over 1.43 meters within 12.31% Mn over 32.46m 42.60% Mn [...]
EML obtains shareholder approval for creation of Quail Bend as "control person." EML closes final tranche of Quail Bend financing for aggregate gross proceeds of $5,000,000. Steve Durbin appointed to the Board of Directors. Electric Metals Ltd. , further to its press releases of August 29, 2023 and August 22, 2023 is pleased to announce it has [...]
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 over 7.92 meters within 19.43% Mn over 39.93m 38.94% Mn over 3.23 meters within 19.12% Mn over 19.45m 45.80% Mn over 1.53 meters within 15.60% Mn over 20.21m Results from more [...]
Appointment of leading metallurgical laboratory, Kemetco Research Inc, to advance test work on manganese samples from the recently completed drilling program at the high-grade Emily Manganese Project, Minnesota, USA. Appointment of prominent US-based Mining Engineer, Mr. Timothy Arnold to add mine design, development and operational expertise to [...]
Appointment of leading metallurgical laboratory, Kemetco Research Inc, to advance test work on manganese samples from the recently completed drilling program at the high-grade Emily Manganese Project, Minnesota, USA. Appointment of prominent US-based Mining Engineer, Mr. Timothy Arnold to add mine design, development and operational expertise to [...]
Electric Metals Ltd. , further to its press release of August 22, 2023 is pleased to announce it has closed the first tranche of its previously announced non-brokered financing . Pursuant to the first tranche closing, the Company issued a total of 1,702,128 units at a price of $0.235 per Unit for gross proceeds of $400,000.08. Each Unit consisted [...]
Assay results from drilling to the west of the deposit contain some of the highest manganese grades intersected to date with up to 49.2% Mn in individual samples, including1: 40.07% Mn over 11.92 meters from 85.59 meters; and 39.01% Mn over 6.86 meters from 128.7 meters Drilling along the eastern part of the deposit also intersected high-grade [...]
EML previously issued 5,319,149 Units to Quail Bend for gross proceeds of $1,250,000. EML has entered into subscription agreements for the purchase and sale of an additional 15,957,447 units for additional proceeds of $3,750,000, subject to, among other things, shareholder and TSX Venture Exchange approval. Electric Metals Ltd. , further to its [...]