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Nevada Silver ( (TSE:EML) ) has provided an update.
Electric Metals (USA) Limited has donated a high-grade manganese sample from its Emily Manganese Deposit in Minnesota to the Royal Ontario Museum. This sample, containing 52.0% manganese, is one of the highest-grade manganese samples in North America, underscoring the unique value of the Emily Manganese Deposit. The donation highlights Electric Metals’ potential to become a low-cost producer of high-purity, domestically sourced manganese products for the electric vehicle battery and energy storage sectors, positioning the company as a significant player in the North American market.
More about Nevada Silver
Electric Metals (USA) Limited is a US-based mineral development company focused on manganese and silver projects. The company’s principal asset is the Emily Manganese Project in Minnesota, which is the highest-grade manganese deposit in North America. Electric Metals aims to become a domestic US producer of high-value, high-purity manganese metal and chemical products to support the North American electric vehicle battery, technology, and industrial markets.
YTD Price Performance: 114.29%
Average Trading Volume: 140,834
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$21.71M
For detailed information about EML stock, go to TipRanks’ Stock Analysis page.