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 [...]
Electric Metals is pleased to announce that it has elected to accelerate the expiry date of the common share purchase warrants issued on January 5, 2023 pursuant to the warrant indenture between the Company and TSX Trust Companyand dated January 5, 2023, a copy of which is available under EML's profile on www.sedarplus.ca. The Warrants were issued [...]
Drilling highlights from the most recent drill core assays1: 33.9 m of 17.93% Mn from 58.2m including 5.39m of 42.5% Mn from 62.9m 30.1 m of 18.2% Mn from 106.1m including 3.05m of 48.6% Mn from 109.12m 13.0 m of 18.9% Mn from 119.6m 30.5 m These holes extend previously drilled manganese along-trend and at depth. Electric Metals Limited is pleased [...]
EML's Technical Advisory Board comprises internationally recognized technical experts who each bring a depth of experience, leadership and specific expertise to project development. The team has a diverse knowledge-base encompassing resource growth, mine construction, metallurgical process design and chemical engineering to guide the Company [...]
Drilling highlights from the first two diamond drill holes include2: 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 . Electric Metals Limited is pleased to announce first assay results of the inaugural [...]
Nevada Silver Corp. , further to its press release of 8th May 2023, is pleased to announce that the effective date of its change of name to "Electric Metals Limited" will be 16th May 2023 . On that date, the Company will begin trading at the open on the TSX Venture Exchange under its new name and ticker symbol "EML". On the Effective Date, the new [...]