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The latest announcement is out from Nevada Silver ( (TSE:EML) ).
Electric Metals has announced positive interim results from its Preliminary Economic Assessment for the Emily Manganese Project, highlighting the project’s potential to secure a domestic supply of high-purity manganese. The assessment, conducted by Forte Dynamics, indicates an 88% extraction rate and an 89% recovery rate of manganese using an underhand cut-and-fill underground mining method, positioning the project as a significant contributor to North America’s manganese resources.
More about Nevada Silver
Electric Metals (USA) Limited operates in the mining industry, focusing on the extraction and supply of high-purity manganese. The company is committed to enhancing the United States’ national security and energy infrastructure through its mining projects, particularly the Emily Manganese Project in Minnesota.
YTD Price Performance: 100.0%
Average Trading Volume: 146,591
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$20.26M
For a thorough assessment of EML stock, go to TipRanks’ Stock Analysis page.