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Nevada Silver ( (TSE:EML) ) has provided an announcement.
Electric Metals (USA) Limited has announced positive interim results from its Preliminary Economic Assessment for the Emily Manganese Project in Minnesota. This project aims to secure a domestic supply of high-purity manganese, which is crucial for the United States’ national security, energy infrastructure, and electrification initiatives. The assessment, conducted by Forte Dynamics, highlights the use of an underhand cut-and-fill underground mining method, achieving an 88% extraction rate and an 89% recovery rate of the contained manganese. This development positions Electric Metals as a key player in the North American manganese market, potentially impacting stakeholders by enhancing the domestic supply chain for this critical mineral.
More about Nevada Silver
YTD Price Performance: 100.0%
Average Trading Volume: 146,591
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$20.26M
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