Welcome to our dedicated page for Electric Metals USA news (Ticker: EMUSF), a resource for investors and traders seeking the latest updates and insights on Electric Metals USA stock.
Electric Metals (USA) Limited develops U.S. critical minerals and advanced materials assets, with its principal focus on the North Star Manganese Project in Minnesota. Company updates center on the Emily manganese deposit, high-purity manganese sulfate monohydrate (HPMSM) plans, technical work under NI 43-101 mineral disclosure standards, and the project's role in a domestic manganese supply chain.
Recurring news also covers capital formation through private placements and warrants, insider and major-shareholder ownership reports, equity incentive awards, and corporate governance changes following the company's continuance to Delaware. Other developments include auditor and transfer-agent appointments and portfolio actions involving non-core mineral assets.
Electric Metals (USA) (TSXV:EML, OTCQB:EMUSF) announces that Dr. Quinton Hennigh and Mr. Tyson Hall are nominated for election as new directors at the upcoming annual general meeting on June 26, 2024. The additions are part of the company's strategic move to enhance its board with diverse skills as it advances the Emily Project, supported by a new NI43-101 technical report. The current Chair, Oliver Lennox-King, will not stand for re-election. Dr. Hennigh, a renowned geologist, and Mr. Hall, an experienced executive in specialty chemicals and mining, bring valuable expertise to the team.
Electric Metals (EMUSF) has filed an upgraded NI 43-101 Technical Report for the Emily Manganese Project in Minnesota, confirming it as the highest grade manganese resource in North America. Indicated resources increased by 20.9% to 6.2 million metric tons at a grade of 19.27% manganese, while inferred resources surged by 596.5% to 4.9 million metric tons at a grade of 17.50% manganese. The project saw 29 new drill holes, with 22 showing substantial zones of +25% manganese and 19 with significant intercepts of 35%-50% manganese. Current extraction tests exceed 95% recovery. The report, incorporating data from 2023 and historical drilling, supports the potential for further expansion and high-grade resource development.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.